THETA (THETA)

Current price: $ 1.48

24 hours price change: $ 0.08 (5.76%)

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 December 19th, 2023 to June 19th, 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 12/19/2023 and 06/19/2024.

According to the performance of THETA between December 19th, 2023 and June 19th, 2024, THETA performed the best on Mondays. On average, the price of THETA increased 0.90% on Monday.

The weekday on which the THETA performed the worst, is Saturday. On Saturdays, the THETA declined in value on average by -0.52%.

THETA weekday performance

It is hard to tell whether the THETA will increase or decrease in value on an average Sunday. The average change on a Sunday for the THETA is -0.29%. However, the standard deviation on this weekday is 2.43%. This means that on most Sundays, the change in value of the THETA is between -2.72% and 2.15%.

Historical performance on Monday 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 Monday with 0.90%. However, the uncertainty of this increase is high. The expected change in value of the THETA on a Monday is between -2.72% and 4.52% (see also the table below).

Allthough the THETA decreases in value with -0.32% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of THETA on Tuesdays is 2.52%. This means that the expected change of the value of THETA is between -2.83% and 2.20% on 68 out of 100 Tuesdays.

It is hard to tell whether the THETA will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the THETA is -0.16%. However, the standard deviation on this weekday is 1.89%. This means that on most Wednesdays, the change in value of the THETA is between -2.05% and 1.73%.

Allthough the THETA decreases in value with -0.33% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of THETA on Thursdays is 1.70%. This means that the expected change of the value of THETA is between -2.04% and 1.37% on 68 out of 100 Thursdays.

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 -0.19%. However, the standard deviation on this weekday is 1.53%. This means that on most Fridays, the change in value of the THETA is between -1.72% and 1.35%.

Allthough the THETA decreases in value with -0.52% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of THETA on Saturdays is 1.38%. This means that the expected change of the value of THETA is between -1.90% and 0.86% on 68 out of 100 Saturdays.

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 -0.29% 2.43% -2.72% to 2.15%
Monday 0.90% 3.62% -2.72% to 4.52%
Tuesday -0.32% 2.52% -2.83% to 2.20%
Wednesday -0.16% 1.89% -2.05% to 1.73%
Thursday -0.33% 1.70% -2.04% to 1.37%
Friday -0.19% 1.53% -1.72% to 1.35%
Saturday -0.52% 1.38% -1.90% to 0.86%
 

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