Waltonchain (WTC)

Current price: $ 0.61

24 hours price change: $ 0.05 (7.96%)

Daily analysis of Waltonchain (WTC) - 1 month

The performance of Waltonchain regarding the price differs every day. To make the best decision to buy Waltonchain, we are analysis in this article the performance of Waltonchain on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on July 5th, 2021 to August 5th, 2021.

In the barchart below, the weekdays and average performance of Waltonchain are shown side by side.

Average daily change in price of Waltonchain per weekday between 07/05/2021 and 08/05/2021.

According to the performance of Waltonchain between July 5th, 2021 and August 5th, 2021, Waltonchain performed the best on Wednesdays. On average, the price of Waltonchain increased 3.67% on Wednesday.

The weekday on which the Waltonchain performed the worst, is Monday. On Mondays, the Waltonchain declined in value on average by -1.99%.

Waltonchain weekday performance

Waltonchain increased in value on an average Sunday only slightly. The average increase in value of the Waltonchain was 0.01%. Allthough the Waltonchain closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.19%). This means that on 68 percent of the Sundays, the change in price of the Waltonchain is expected to be in the range of -0.18% and 0.19%.

The Waltonchain declines in value on an average Monday with -1.99%. However, the uncertainty (or standard deviation) is quite large, namely 2.89%. This means that it is not possible to say whether on a regular Monday the Waltonchain will increase or decrease in value.

The Waltonchain will almost not change or only slightly increase in value on an average Tuesday. The average change of the Waltonchain on Tuesdays is 0.08%. The standard deviation of the Waltonchain is 0.07%, which means that in 68% of the Tuesdays, the range of the change of the Waltonchain is 0.01% and 0.15%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.

The increase in value of the Waltonchain is 3.67% on an average Wednesday. However, the uncertainty on the average change is high for the Waltonchain on Wednesdays. This is the reason why an expected increase of the Waltonchain on an average Wednesday cannot be predicted. The standard deviation for Waltonchain on Wednesdays is high, namely 6.65%. This means that the expected range of value change for the Waltonchain is -2.98% and 10.32% on 68% of the Wednesdays.

It is hard to tell whether the Waltonchain will increase or decrease in value on an average Thursday. The average change on a Thursday for the Waltonchain is -0.05%. However, the standard deviation on this weekday is 0.11%. This means that on most Thursdays, the change in value of the Waltonchain is between -0.16% and 0.06%.

Historical performance on Friday do not show an increase in value of the Waltonchain on which a prediction can be made. The Waltonchain increased in value on average on an average Friday with 0.89%. However, the uncertainty of this increase is high. The expected change in value of the Waltonchain on a Friday is between -2.54% and 4.32% (see also the table below).

The Waltonchain declines in value on an average Saturday with -1.13%. However, the uncertainty (or standard deviation) is quite large, namely 1.47%. This means that it is not possible to say whether on a regular Saturday the Waltonchain will increase or decrease in value.

Waltonchain weekday performance details

Find below the details of the performance of Waltonchain 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 0.01% 0.19% -0.18% to 0.19%
Monday -1.99% 2.89% -4.88% to 0.90%
Tuesday 0.08% 0.07% 0.01% to 0.15%
Wednesday 3.67% 6.65% -2.98% to 10.32%
Thursday -0.05% 0.11% -0.16% to 0.06%
Friday 0.89% 3.43% -2.54% to 4.32%
Saturday -1.13% 1.47% -2.59% to 0.34%
 

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