THETA (THETA)

Current price: $ 0.10

24 hours price change: $ -0.002605 (-2.50%)

Daily analysis of THETA (THETA) - 6 months

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 6 months, starting on July 25th, 2019 to January 24th, 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 07/25/2019 and 01/24/2020.

According to the performance of THETA between July 25th, 2019 and January 24th, 2020, THETA performed the best on Mondays. On average, the price of THETA increased 0.55% on Monday.

The weekday on which the THETA performed the worst, is Wednesday. On Wednesdays, the THETA declined in value on average by -0.51%.

THETA weekday performance

Allthough the THETA decreases in value with -0.30% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of THETA on Sundays is 1.49%. This means that the expected change of the value of THETA is between -1.79% and 1.18% on 68 out of 100 Sundays.

On an average Monday, the THETA increased 0.55%. However, since the expected deviation is 2.58%, the THETA will decline in value on a Monday quiet regularly. The expected price change of the THETA on a Monday is between -2.03% and 3.13%.

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 -0.27%. However, the standard deviation on this weekday is 2.96%. This means that on most Tuesdays, the change in value of the THETA is between -3.23% and 2.68%.

Allthough the THETA decreases in value with -0.51% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of THETA on Wednesdays is 4.33%. This means that the expected change of the value of THETA is between -4.83% and 3.82% on 68 out of 100 Wednesdays.

THETA increased in value on an average Thursday only slightly. The average increase in value of the THETA was 0.24%. 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 (2.86%). This means that on 68 percent of the Thursdays, the change in price of the THETA is expected to be in the range of -2.61% and 3.10%.

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 -0.26%. However, the standard deviation on this weekday is 1.55%. This means that on most Fridays, the change in value of the THETA is between -1.81% and 1.29%.

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 -0.01%. However, the standard deviation on this weekday is 1.06%. This means that on most Saturdays, the change in value of the THETA is between -1.07% and 1.05%.

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 -0.30% 1.49% -1.79% to 1.18%
Monday 0.55% 2.58% -2.03% to 3.13%
Tuesday -0.27% 2.96% -3.23% to 2.68%
Wednesday -0.51% 4.33% -4.83% to 3.82%
Thursday 0.24% 2.86% -2.61% to 3.10%
Friday -0.26% 1.55% -1.81% to 1.29%
Saturday -0.01% 1.06% -1.07% to 1.05%
 

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