THETA (THETA)

Current price: $ 5.75

24 hours price change: $ -0.56 (-8.86%)

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 August 20th, 2021 to September 20th, 2021.

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 08/20/2021 and 09/20/2021.

According to the performance of THETA between August 20th, 2021 and September 20th, 2021, THETA performed the best on Fridays. On average, the price of THETA increased 1.38% on Friday.

The weekday on which the THETA performed the worst, is Monday. On Mondays, the THETA declined in value on average by -0.96%.

THETA weekday performance

THETA increased in value on an average Sunday only slightly. The average increase in value of the THETA was 0.03%. Allthough the THETA closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.09%). This means that on 68 percent of the Sundays, the change in price of the THETA is expected to be in the range of -0.05% and 0.12%.

On Mondays, the THETA decreases in value on average with -0.96%. On most of the Mondays the THETA decreases in value between -2.93% and 1.00%. The uncertainty (1.97%) is higher than the average decline percentage (-0.96%). Therefore, expected range of price changes of the THETA on Mondays is large.

On an average Tuesday, the THETA increased 0.42%. However, since the expected deviation is 0.50%, the THETA will decline in value on a Tuesday quiet regularly. The expected price change of the THETA on a Tuesday is between -0.09% and 0.92%.

THETA increased in value on an average Wednesday only slightly. The average increase in value of the THETA was 0.10%. Allthough the THETA closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.29%). This means that on 68 percent of the Wednesdays, the change in price of the THETA is expected to be in the range of -0.19% and 0.40%.

THETA increased in value on an average Thursday only slightly. The average increase in value of the THETA was 0.02%. Allthough the THETA closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.10%). This means that on 68 percent of the Thursdays, the change in price of the THETA is expected to be in the range of -0.09% and 0.12%.

On an average Friday the THETA shows an increase in value of 1.38%. However, the change of THETA on most of the Fridays is between -1.27% and 4.03%. Therefore it is hard to tell whether an average Friday is a good day to start buying THETAs.

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 -0.06%. However, the standard deviation on this weekday is 0.13%. This means that on most Saturdays, the change in value of the THETA is between -0.18% and 0.07%.

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 0.03% 0.09% -0.05% to 0.12%
Monday -0.96% 1.97% -2.93% to 1.00%
Tuesday 0.42% 0.50% -0.09% to 0.92%
Wednesday 0.10% 0.29% -0.19% to 0.40%
Thursday 0.02% 0.10% -0.09% to 0.12%
Friday 1.38% 2.65% -1.27% to 4.03%
Saturday -0.06% 0.13% -0.18% to 0.07%
 

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