Waves (WAVES)

Current price: $ 0.69

24 hours price change: $ 0.02 (2.46%)

Daily analysis of Waves (WAVES) - 1 year

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 year, starting on November 21st, 2018 to November 21st, 2019.

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 11/21/2018 and 11/21/2019.

According to the performance of Waves between November 21st, 2018 and November 21st, 2019, Waves performed the best on Mondays. On average, the price of Waves increased 1.22% on Monday.

The weekday on which the Waves performed the worst, is Wednesday. On Wednesdays, the Waves declined in value on average by -0.82%.

Waves weekday performance

Allthough the Waves decreases in value with -0.59% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Waves on Sundays is 3.48%. This means that the expected change of the value of Waves is between -4.07% and 2.89% on 68 out of 100 Sundays.

On an average Monday the Waves shows an increase in value of 1.22%. However, the change of Waves on most of the Mondays is between -7.58% and 10.02%. Therefore it is hard to tell whether an average Monday is a good day to start buying Wavess.

On an average Tuesday, the Waves increased 0.51%. However, since the expected deviation is 5.33%, the Waves will decline in value on a Tuesday quiet regularly. The expected price change of the Waves on a Tuesday is between -4.82% and 5.84%.

On Wednesdays, the Waves decreases in value on average with -0.82%. On most of the Wednesdays the Waves decreases in value between -5.75% and 4.12%. The uncertainty (4.93%) is higher than the average decline percentage (-0.82%). Therefore, expected range of price changes of the Waves on Wednesdays is large.

It is hard to tell whether the Waves will increase or decrease in value on an average Thursday. The average change on a Thursday for the Waves is -0.26%. However, the standard deviation on this weekday is 7.55%. This means that on most Thursdays, the change in value of the Waves is between -7.81% and 7.29%.

On an average Friday, the Waves increased 0.56%. However, since the expected deviation is 5.69%, the Waves will decline in value on a Friday quiet regularly. The expected price change of the Waves on a Friday is between -5.13% and 6.25%.

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 0.72%. However, the uncertainty of this increase is high. The expected change in value of the Waves on a Saturday is between -2.53% and 3.96% (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 -0.59% 3.48% -4.07% to 2.89%
Monday 1.22% 8.80% -7.58% to 10.02%
Tuesday 0.51% 5.33% -4.82% to 5.84%
Wednesday -0.82% 4.93% -5.75% to 4.12%
Thursday -0.26% 7.55% -7.81% to 7.29%
Friday 0.56% 5.69% -5.13% to 6.25%
Saturday 0.72% 3.24% -2.53% to 3.96%