THETA (THETA)

Current price: $ 0.31

24 hours price change: $ -0.03 (-7.63%)

Daily analysis of THETA (THETA) - 1 year

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 year, starting on August 5th, 2019 to August 5th, 2020.

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 08/05/2019 and 08/05/2020.

According to the performance of THETA between August 5th, 2019 and August 5th, 2020, THETA performed the best on Mondays. On average, the price of THETA increased 0.21% on Monday.

The weekday on which the THETA performed the worst, is Wednesday. On Wednesdays, the THETA declined in value on average by -0.74%.

THETA weekday performance

THETA increased in value on an average Sunday only slightly. The average increase in value of the THETA was 0.00%. 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 (2.87%). This means that on 68 percent of the Sundays, the change in price of the THETA is expected to be in the range of -2.87% and 2.87%.

THETA increased in value on an average Monday only slightly. The average increase in value of the THETA was 0.21%. 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 (1.89%). This means that on 68 percent of the Mondays, the change in price of the THETA is expected to be in the range of -1.68% and 2.10%.

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 -0.07%. However, the standard deviation on this weekday is 2.19%. This means that on most Tuesdays, the change in value of the THETA is between -2.26% and 2.12%.

On Wednesdays, the THETA decreases in value on average with -0.74%. On most of the Wednesdays the THETA decreases in value between -3.20% and 1.72%. The uncertainty (2.46%) is higher than the average decline percentage (-0.74%). Therefore, expected range of price changes of the THETA on Wednesdays is large.

THETA increased in value on an average Thursday only slightly. The average increase in value of the THETA was 0.09%. 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 (1.76%). This means that on 68 percent of the Thursdays, the change in price of the THETA is expected to be in the range of -1.67% and 1.84%.

It is hard to tell whether the THETA will increase or decrease in value on an average Friday. The average change on a Friday for the THETA is -0.03%. However, the standard deviation on this weekday is 1.23%. This means that on most Fridays, the change in value of the THETA is between -1.26% and 1.20%.

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 -0.16%. However, the standard deviation on this weekday is 1.30%. This means that on most Saturdays, the change in value of the THETA is between -1.47% and 1.14%.

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 0.00% 2.87% -2.87% to 2.87%
Monday 0.21% 1.89% -1.68% to 2.10%
Tuesday -0.07% 2.19% -2.26% to 2.12%
Wednesday -0.74% 2.46% -3.20% to 1.72%
Thursday 0.09% 1.76% -1.67% to 1.84%
Friday -0.03% 1.23% -1.26% to 1.20%
Saturday -0.16% 1.30% -1.47% to 1.14%
 

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