THETA (THETA)

Current price: $ 1.40

24 hours price change: $ 0.006744 (0.48%)

Daily analysis of THETA (THETA) - 1 month

The performance of THETA regarding the price differs every day. To make the best decision to buy THETA, we are analysis in this article the performance of THETA on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on June 13th, 2024 to July 13th, 2024.

In the barchart below, the weekdays and average performance of THETA are shown side by side.

Average daily change in price of THETA per weekday between 06/13/2024 and 07/13/2024.

According to the performance of THETA between June 13th, 2024 and July 13th, 2024, THETA performed the best on Sundays. On average, the price of THETA increased 1.21% on Sunday.

The weekday on which the THETA performed the worst, is Friday. On Fridays, the THETA declined in value on average by -1.07%.

THETA weekday performance

On an average Sunday the THETA shows an increase in value of 1.21%. However, the change of THETA on most of the Sundays is between -0.98% and 3.39%. Therefore it is hard to tell whether an average Sunday is a good day to start buying THETAs.

The THETA will almost not change or only slightly increase in value on an average Monday. The average change of the THETA on Mondays is 0.07%. The standard deviation of the THETA is 0.06%, which means that in 68% of the Mondays, the range of the change of the THETA is 0.01% and 0.13%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.

It is hard to tell whether the THETA will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the THETA is -0.08%. However, the standard deviation on this weekday is 0.14%. This means that on most Tuesdays, the change in value of the THETA is between -0.22% and 0.06%.

Allthough the THETA decreases in value with -0.42% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of THETA on Wednesdays is 0.69%. This means that the expected change of the value of THETA is between -1.11% and 0.27% on 68 out of 100 Wednesdays.

It is hard to tell whether the THETA will increase or decrease in value on an average Thursday. The average change on a Thursday for the THETA is -0.10%. However, the standard deviation on this weekday is 0.24%. This means that on most Thursdays, the change in value of the THETA is between -0.34% and 0.14%.

The THETA declines in value on an average Friday with -1.07%. However, the uncertainty (or standard deviation) is quite large, namely 1.68%. This means that it is not possible to say whether on a regular Friday the THETA will increase or decrease in value.

It is hard to tell whether the THETA will increase or decrease in value on an average Saturday. The average change on a Saturday for the THETA is -0.25%. However, the standard deviation on this weekday is 0.64%. This means that on most Saturdays, the change in value of the THETA is between -0.89% and 0.39%.

THETA weekday performance details

Find below the details of the performance of THETA per day of the week. Both the average change in percentage and the standard deviation. The higher the standard deviation is, the higher the variation within the range of average change. Therefore, the 68% range has been added, which represents the change in price on 68% of the days.

Weekday Average change (%) Standard deviation (%) 68% range
Sunday 1.21% 2.18% -0.98% to 3.39%
Monday 0.07% 0.06% 0.01% to 0.13%
Tuesday -0.08% 0.14% -0.22% to 0.06%
Wednesday -0.42% 0.69% -1.11% to 0.27%
Thursday -0.10% 0.24% -0.34% to 0.14%
Friday -1.07% 1.68% -2.75% to 0.61%
Saturday -0.25% 0.64% -0.89% to 0.39%
 

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