THETA (THETA)

Current price: $ 0.08

24 hours price change: $ 0.000457 (0.56%)

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 May 21st, 2019 to November 21st, 2019.

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 05/21/2019 and 11/21/2019.

According to the performance of THETA between May 21st, 2019 and November 21st, 2019, THETA performed the best on Mondays. On average, the price of THETA increased 1.40% on Monday.

The weekday on which the THETA performed the worst, is Sunday. On Sundays, the THETA declined in value on average by -1.35%.

THETA weekday performance

The THETA declines in value on an average Sunday with -1.35%. However, the uncertainty (or standard deviation) is quite large, namely 3.83%. This means that it is not possible to say whether on a regular Sunday the THETA will increase or decrease in value.

On an average Monday the THETA shows an increase in value of 1.40%. However, the change of THETA on most of the Mondays is between -2.41% and 5.20%. Therefore it is hard to tell whether an average Monday is a good day to start buying THETAs.

The THETA declines in value on an average Tuesday with -1.04%. However, the uncertainty (or standard deviation) is quite large, namely 4.10%. This means that it is not possible to say whether on a regular Tuesday the THETA will increase or decrease in value.

Historical performance on Wednesday do not show an increase in value of the THETA on which a prediction can be made. The THETA increased in value on average on an average Wednesday with 0.76%. However, the uncertainty of this increase is high. The expected change in value of the THETA on a Wednesday is between -6.11% and 7.63% (see also the table below).

On Thursdays, the THETA decreases in value on average with -0.75%. On most of the Thursdays the THETA decreases in value between -5.25% and 3.75%. The uncertainty (4.50%) is higher than the average decline percentage (-0.75%). Therefore, expected range of price changes of the THETA on Thursdays is large.

THETA increased in value on an average Friday only slightly. The average increase in value of the THETA was 0.26%. 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 (2.66%). This means that on 68 percent of the Fridays, the change in price of the THETA is expected to be in the range of -2.39% and 2.92%.

On an average Saturday the THETA shows an increase in value of 1.38%. However, the change of THETA on most of the Saturdays is between -2.25% and 5.02%. Therefore it is hard to tell whether an average Saturday is a good day to start buying THETAs.

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 -1.35% 3.83% -5.18% to 2.49%
Monday 1.40% 3.81% -2.41% to 5.20%
Tuesday -1.04% 4.10% -5.14% to 3.06%
Wednesday 0.76% 6.87% -6.11% to 7.63%
Thursday -0.75% 4.50% -5.25% to 3.75%
Friday 0.26% 2.66% -2.39% to 2.92%
Saturday 1.38% 3.64% -2.25% to 5.02%