Waves (WAVES)

Current price: $ 1.27

24 hours price change: $ 0.02 (1.91%)

Daily analysis of Waves (WAVES) - 1 month

The performance of Waves regarding the price differs every day. To make the best decision to buy Waves, we are analysis in this article the performance of Waves on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on January 26th, 2020 to February 25th, 2020.

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

Average daily change in price of Waves per weekday between 01/26/2020 and 02/25/2020.

According to the performance of Waves between January 26th, 2020 and February 25th, 2020, Waves performed the best on Mondays. On average, the price of Waves increased 4.43% on Monday.

The weekday on which the Waves performed the worst, is Wednesday. On Wednesdays, the Waves declined in value on average by -1.17%.

Waves weekday performance

On Sundays, the Waves decreases in value on average with -1.00%. On most of the Sundays the Waves decreases in value between -3.51% and 1.52%. The uncertainty (2.52%) is higher than the average decline percentage (-1.00%). Therefore, expected range of price changes of the Waves on Sundays is large.

The increase in value of the Waves is 4.43% on an average Monday. However, the uncertainty on the average change is high for the Waves on Mondays. This is the reason why an expected increase of the Waves on an average Monday cannot be predicted. The standard deviation for Waves on Mondays is high, namely 12.67%. This means that the expected range of value change for the Waves is -8.24% and 17.10% on 68% of the Mondays.

Waves increased in value on an average Tuesday only slightly. The average increase in value of the Waves was 0.08%. Allthough the Waves closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.10%). This means that on 68 percent of the Tuesdays, the change in price of the Waves is expected to be in the range of -1.02% and 1.18%.

The Waves declines in value on an average Wednesday with -1.17%. However, the uncertainty (or standard deviation) is quite large, namely 3.51%. This means that it is not possible to say whether on a regular Wednesday the Waves will increase or decrease in value.

Allthough the Waves decreases in value with -0.49% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Waves on Thursdays is 0.63%. This means that the expected change of the value of Waves is between -1.11% and 0.14% on 68 out of 100 Thursdays.

Allthough the Waves decreases in value with -0.34% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Waves on Fridays is 0.38%. This means that the expected change of the value of Waves is between -0.71% and 0.04% on 68 out of 100 Fridays.

Historical performance on Saturday do not show an increase in value of the Waves on which a prediction can be made. The Waves increased in value on average on an average Saturday with 0.66%. However, the uncertainty of this increase is high. The expected change in value of the Waves on a Saturday is between -0.11% and 1.44% (see also the table below).

Waves weekday performance details

Find below the details of the performance of Waves 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 -1.00% 2.52% -3.51% to 1.52%
Monday 4.43% 12.67% -8.24% to 17.10%
Tuesday 0.08% 1.10% -1.02% to 1.18%
Wednesday -1.17% 3.51% -4.68% to 2.34%
Thursday -0.49% 0.63% -1.11% to 0.14%
Friday -0.34% 0.38% -0.71% to 0.04%
Saturday 0.66% 0.78% -0.11% to 1.44%
 

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