WAX (WAX)

Current price: $ 0.08

24 hours price change: $ 0.08 (inf%)

Daily analysis of WAX (WAX) - 1 year

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 year, starting on February 26th, 2020 to February 25th, 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 02/26/2020 and 02/25/2021.

According to the performance of WAX between February 26th, 2020 and February 25th, 2021, WAX performed the best on Sundays. On average, the price of WAX increased 0.47% on Sunday.

The weekday on which the WAX performed the worst, is Wednesday. On Wednesdays, the WAX declined in value on average by -1.00%.

WAX weekday performance

On an average Sunday, the WAX increased 0.47%. However, since the expected deviation is 2.40%, the WAX will decline in value on a Sunday quiet regularly. The expected price change of the WAX on a Sunday is between -1.94% and 2.87%.

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 -0.11%. However, the standard deviation on this weekday is 1.30%. This means that on most Mondays, the change in value of the WAX is between -1.40% and 1.19%.

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 -0.07%. However, the standard deviation on this weekday is 1.77%. This means that on most Tuesdays, the change in value of the WAX is between -1.84% and 1.70%.

On Wednesdays, the WAX decreases in value on average with -1.00%. On most of the Wednesdays the WAX decreases in value between -6.13% and 4.13%. The uncertainty (5.13%) is higher than the average decline percentage (-1.00%). Therefore, expected range of price changes of the WAX on Wednesdays is large.

WAX increased in value on an average Thursday only slightly. The average increase in value of the WAX was 0.23%. 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 (4.74%). This means that on 68 percent of the Thursdays, the change in price of the WAX is expected to be in the range of -4.51% and 4.97%.

On Fridays, the WAX decreases in value on average with -0.60%. On most of the Fridays the WAX decreases in value between -5.10% and 3.90%. The uncertainty (4.50%) is higher than the average decline percentage (-0.60%). Therefore, expected range of price changes of the WAX on Fridays is large.

It is hard to tell whether the WAX will increase or decrease in value on an average Saturday. The average change on a Saturday for the WAX is -0.13%. However, the standard deviation on this weekday is 3.32%. This means that on most Saturdays, the change in value of the WAX is between -3.44% and 3.19%.

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 0.47% 2.40% -1.94% to 2.87%
Monday -0.11% 1.30% -1.40% to 1.19%
Tuesday -0.07% 1.77% -1.84% to 1.70%
Wednesday -1.00% 5.13% -6.13% to 4.13%
Thursday 0.23% 4.74% -4.51% to 4.97%
Friday -0.60% 4.50% -5.10% to 3.90%
Saturday -0.13% 3.32% -3.44% to 3.19%
 

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