Waltonchain (WTC)

Current price: $ 1.48

24 hours price change: $ 0.04 (2.57%)

Daily analysis of Waltonchain (WTC) - 6 months

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 6 months, starting on November 18th, 2020 to May 18th, 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 11/18/2020 and 05/18/2021.

According to the performance of Waltonchain between November 18th, 2020 and May 18th, 2021, Waltonchain performed the best on Fridays. On average, the price of Waltonchain increased 4.07% on Friday.

The weekday on which the Waltonchain performed the worst, is Wednesday. On Wednesdays, the Waltonchain declined in value on average by -2.69%.

Waltonchain weekday performance

On Sundays, the Waltonchain decreases in value on average with -0.69%. On most of the Sundays the Waltonchain decreases in value between -4.45% and 3.07%. The uncertainty (3.76%) is higher than the average decline percentage (-0.69%). Therefore, expected range of price changes of the Waltonchain on Sundays is large.

On an average Monday, the Waltonchain increased 0.40%. However, since the expected deviation is 4.42%, the Waltonchain will decline in value on a Monday quiet regularly. The expected price change of the Waltonchain on a Monday is between -4.02% and 4.82%.

Waltonchain increased in value on an average Tuesday only slightly. The average increase in value of the Waltonchain was 0.09%. 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 (3.32%). This means that on 68 percent of the Tuesdays, the change in price of the Waltonchain is expected to be in the range of -3.23% and 3.41%.

The Waltonchain declines in value on an average Wednesday with -2.69%. However, the uncertainty (or standard deviation) is quite large, namely 10.52%. This means that it is not possible to say whether on a regular Wednesday the Waltonchain will increase or decrease in value.

On an average Thursday, the Waltonchain increased 0.51%. However, since the expected deviation is 2.57%, the Waltonchain will decline in value on a Thursday quiet regularly. The expected price change of the Waltonchain on a Thursday is between -2.06% and 3.08%.

The increase in value of the Waltonchain is 4.07% on an average Friday. However, the uncertainty on the average change is high for the Waltonchain on Fridays. This is the reason why an expected increase of the Waltonchain on an average Friday cannot be predicted. The standard deviation for Waltonchain on Fridays is high, namely 11.67%. This means that the expected range of value change for the Waltonchain is -7.60% and 15.74% on 68% of the Fridays.

It is hard to tell whether the Waltonchain will increase or decrease in value on an average Saturday. The average change on a Saturday for the Waltonchain is -0.05%. However, the standard deviation on this weekday is 2.46%. This means that on most Saturdays, the change in value of the Waltonchain is between -2.50% and 2.41%.

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 -0.69% 3.76% -4.45% to 3.07%
Monday 0.40% 4.42% -4.02% to 4.82%
Tuesday 0.09% 3.32% -3.23% to 3.41%
Wednesday -2.69% 10.52% -13.21% to 7.83%
Thursday 0.51% 2.57% -2.06% to 3.08%
Friday 4.07% 11.67% -7.60% to 15.74%
Saturday -0.05% 2.46% -2.50% to 2.41%
 

We use cookies on our website. Some of them are essential for the operation of the site, while others help us to improve this site and the user experience (tracking cookies). You can decide for yourself whether you want to allow cookies or not. Please note that if you reject them, you may not be able to use all the functionalities of the site.