WAX (WAX)

Current price: $ 0.15

24 hours price change: $ -0.009800 (-6.13%)

Daily analysis of WAX (WAX) - all

The performance of WAX regarding the price differs every day. To make the best decision to buy WAX, we are analysis in this article the performance of WAX on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on January 7th, 2018 to May 17th, 2021.

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

Average daily change in price of WAX per weekday between 01/07/2018 and 05/17/2021.

According to the performance of WAX between January 7th, 2018 and May 17th, 2021, WAX performed the best on Saturdays. On average, the price of WAX increased 1.01% on Saturday.

The weekday on which the WAX performed the worst, is Friday. On Fridays, the WAX declined in value on average by -0.94%.

WAX weekday performance

On an average Sunday, the WAX increased 0.37%. However, since the expected deviation is 7.96%, the WAX will decline in value on a Sunday quiet regularly. The expected price change of the WAX on a Sunday is between -7.59% and 8.32%.

It is hard to tell whether the WAX will increase or decrease in value on an average Monday. The average change on a Monday for the WAX is -0.20%. However, the standard deviation on this weekday is 9.30%. This means that on most Mondays, the change in value of the WAX is between -9.50% and 9.10%.

Allthough the WAX decreases in value with -0.40% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of WAX on Tuesdays is 6.76%. This means that the expected change of the value of WAX is between -7.16% and 6.35% on 68 out of 100 Tuesdays.

Historical performance on Wednesday do not show an increase in value of the WAX on which a prediction can be made. The WAX increased in value on average on an average Wednesday with 0.86%. However, the uncertainty of this increase is high. The expected change in value of the WAX on a Wednesday is between -10.97% and 12.68% (see also the table below).

It is hard to tell whether the WAX will increase or decrease in value on an average Thursday. The average change on a Thursday for the WAX is -0.25%. However, the standard deviation on this weekday is 7.31%. This means that on most Thursdays, the change in value of the WAX is between -7.56% and 7.06%.

On Fridays, the WAX decreases in value on average with -0.94%. On most of the Fridays the WAX decreases in value between -9.11% and 7.24%. The uncertainty (8.17%) is higher than the average decline percentage (-0.94%). Therefore, expected range of price changes of the WAX on Fridays is large.

On an average Saturday the WAX shows an increase in value of 1.01%. However, the change of WAX on most of the Saturdays is between -5.63% and 7.66%. Therefore it is hard to tell whether an average Saturday is a good day to start buying WAXs.

WAX weekday performance details

Find below the details of the performance of WAX 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 0.37% 7.96% -7.59% to 8.32%
Monday -0.20% 9.30% -9.50% to 9.10%
Tuesday -0.40% 6.76% -7.16% to 6.35%
Wednesday 0.86% 11.83% -10.97% to 12.68%
Thursday -0.25% 7.31% -7.56% to 7.06%
Friday -0.94% 8.17% -9.11% to 7.24%
Saturday 1.01% 6.64% -5.63% to 7.66%
 

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