WAX (WAX)

Current price: $ 0.06

24 hours price change: $ 0.001875 (3.50%)

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 July 18th, 2019 to August 17th, 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 07/18/2019 and 08/17/2019.

According to the performance of WAX between July 18th, 2019 and August 17th, 2019, WAX performed the best on Sundays. On average, the price of WAX increased 14.63% on Sunday.

The weekday on which the WAX performed the worst, is Monday. On Mondays, the WAX declined in value on average by -7.88%.

WAX weekday performance

The increase in value of the WAX is 14.63% on an average Sunday. However, the uncertainty on the average change is high for the WAX on Sundays. This is the reason why an expected increase of the WAX on an average Sunday cannot be predicted. The standard deviation for WAX on Sundays is high, namely 23.98%. This means that the expected range of value change for the WAX is -9.35% and 38.62% on 68% of the Sundays.

The decrease in value of the WAX is -7.88% on an average Monday. The uncertainty of the average change is high for the WAX on Mondays. This means that it is hard to tell whether the WAX will decrease or increase in value on an average Monday. If we look at the 68% range of the WAX, we see that on 68% of the Mondays, the expected change of the WAX is between -21.13% and 5.37%.

It is hard to tell whether the WAX will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the WAX is -0.06%. However, the standard deviation on this weekday is 0.67%. This means that on most Tuesdays, the change in value of the WAX is between -0.73% and 0.61%.

On Wednesdays, the WAX decreases in value on average with -0.93%. On most of the Wednesdays the WAX decreases in value between -2.91% and 1.05%. The uncertainty (1.98%) is higher than the average decline percentage (-0.93%). Therefore, expected range of price changes of the WAX on Wednesdays is large.

The WAX declines in value on an average Thursday with -2.61%. However, the uncertainty (or standard deviation) is quite large, namely 22.09%. This means that it is not possible to say whether on a regular Thursday the WAX will increase or decrease in value.

The increase in value of the WAX is 11.65% on an average Friday. However, the uncertainty on the average change is high for the WAX on Fridays. This is the reason why an expected increase of the WAX on an average Friday cannot be predicted. The standard deviation for WAX on Fridays is high, namely 18.31%. This means that the expected range of value change for the WAX is -6.66% and 29.97% on 68% of the Fridays.

The increase in value of the WAX is 3.84% on an average Saturday. However, the uncertainty on the average change is high for the WAX on Saturdays. This is the reason why an expected increase of the WAX on an average Saturday cannot be predicted. The standard deviation for WAX on Saturdays is high, namely 7.89%. This means that the expected range of value change for the WAX is -4.05% and 11.73% on 68% of the Saturdays.

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 14.63% 23.98% -9.35% to 38.62%
Monday -7.88% 13.25% -21.13% to 5.37%
Tuesday -0.06% 0.67% -0.73% to 0.61%
Wednesday -0.93% 1.98% -2.91% to 1.05%
Thursday -2.61% 22.09% -24.69% to 19.48%
Friday 11.65% 18.31% -6.66% to 29.97%
Saturday 3.84% 7.89% -4.05% to 11.73%