WAX (WAX)

Current price: $ 0.03

24 hours price change: $ -0.000524 (-1.71%)

Daily analysis of WAX (WAX) - 1 month

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 1 month, starting on September 21st, 2019 to October 20th, 2019.

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 09/21/2019 and 10/20/2019.

According to the performance of WAX between September 21st, 2019 and October 20th, 2019, WAX performed the best on Saturdays. On average, the price of WAX increased 0.45% on Saturday.

The weekday on which the WAX performed the worst, is Wednesday. On Wednesdays, the WAX declined in value on average by -4.48%.

WAX weekday performance

It is hard to tell whether the WAX will increase or decrease in value on an average Sunday. The average change on a Sunday for the WAX is -0.04%. However, the standard deviation on this weekday is 0.88%. This means that on most Sundays, the change in value of the WAX is between -0.92% and 0.84%.

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 -0.02%. However, the standard deviation on this weekday is 0.61%. This means that on most Mondays, the change in value of the WAX is between -0.63% and 0.60%.

Allthough the WAX decreases in value with -0.38% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of WAX on Tuesdays is 0.73%. This means that the expected change of the value of WAX is between -1.11% and 0.35% on 68 out of 100 Tuesdays.

The decrease in value of the WAX is -4.48% on an average Wednesday. The uncertainty of the average change is high for the WAX on Wednesdays. This means that it is hard to tell whether the WAX will decrease or increase in value on an average Wednesday. If we look at the 68% range of the WAX, we see that on 68% of the Wednesdays, the expected change of the WAX is between -9.14% and 0.17%.

WAX increased in value on an average Thursday only slightly. The average increase in value of the WAX was 0.22%. Allthough the WAX closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.67%). This means that on 68 percent of the Thursdays, the change in price of the WAX is expected to be in the range of -0.44% and 0.89%.

On Fridays, the WAX decreases in value on average with -0.99%. On most of the Fridays the WAX decreases in value between -1.87% and -0.10%. The uncertainty (0.89%) is higher than the average decline percentage (-0.99%). Therefore, expected range of price changes of the WAX on Fridays is large.

The average increase of the WAX on an average Saturday is 0.45%. This is a small increase, however, the expected change of the WAX in 95% of the Saturdays is -0.42% and 1.32%. This means that only on 2.5% (or slightly over 1 Saturday per year) the expected change of the WAX is below -0.42%. On the other hand, you would not have to expect that the change on a single Saturday will be above 1.32%. This will also only happen on 2.5% of the Saturdays. On 68% of the Saturdays, the increase of the WAX will be in the range of 0.01% and 0.88%.

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 -0.04% 0.88% -0.92% to 0.84%
Monday -0.02% 0.61% -0.63% to 0.60%
Tuesday -0.38% 0.73% -1.11% to 0.35%
Wednesday -4.48% 4.66% -9.14% to 0.17%
Thursday 0.22% 0.67% -0.44% to 0.89%
Friday -0.99% 0.89% -1.87% to -0.10%
Saturday 0.45% 0.43% 0.01% to 0.88%