Waves (WAVES)

Current price: $ 0.69

24 hours price change: $ 0.02 (2.31%)

Daily analysis of Waves (WAVES) - 6 months

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 6 months, starting on May 21st, 2019 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 05/21/2019 and 11/21/2019.

According to the performance of Waves between May 21st, 2019 and November 21st, 2019, Waves performed the best on Thursdays. On average, the price of Waves increased 0.56% on Thursday.

The weekday on which the Waves performed the worst, is Tuesday. On Tuesdays, the Waves declined in value on average by -1.16%.

Waves weekday performance

Allthough the Waves decreases in value with -0.32% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Waves on Sundays is 2.63%. This means that the expected change of the value of Waves is between -2.95% and 2.31% on 68 out of 100 Sundays.

It is hard to tell whether the Waves will increase or decrease in value on an average Monday. The average change on a Monday for the Waves is -0.09%. However, the standard deviation on this weekday is 2.79%. This means that on most Mondays, the change in value of the Waves is between -2.88% and 2.71%.

The Waves declines in value on an average Tuesday with -1.16%. However, the uncertainty (or standard deviation) is quite large, namely 1.66%. This means that it is not possible to say whether on a regular Tuesday the Waves will increase or decrease in value.

Allthough the Waves decreases in value with -0.53% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Waves on Wednesdays is 2.70%. This means that the expected change of the value of Waves is between -3.22% and 2.17% on 68 out of 100 Wednesdays.

On an average Thursday, the Waves increased 0.56%. However, since the expected deviation is 8.76%, the Waves will decline in value on a Thursday quiet regularly. The expected price change of the Waves on a Thursday is between -8.19% and 9.32%.

It is hard to tell whether the Waves will increase or decrease in value on an average Friday. The average change on a Friday for the Waves is -0.26%. However, the standard deviation on this weekday is 4.61%. This means that on most Fridays, the change in value of the Waves is between -4.87% and 4.35%.

Waves increased in value on an average Saturday only slightly. The average increase in value of the Waves was 0.26%. 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 (2.46%). This means that on 68 percent of the Saturdays, the change in price of the Waves is expected to be in the range of -2.21% and 2.72%.

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 -0.32% 2.63% -2.95% to 2.31%
Monday -0.09% 2.79% -2.88% to 2.71%
Tuesday -1.16% 1.66% -2.82% to 0.49%
Wednesday -0.53% 2.70% -3.22% to 2.17%
Thursday 0.56% 8.76% -8.19% to 9.32%
Friday -0.26% 4.61% -4.87% to 4.35%
Saturday 0.26% 2.46% -2.21% to 2.72%