WAX (WAX)

Current price: $ 0.03

24 hours price change: $ -0.000525 (-1.71%)

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 October 21st, 2018 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 10/21/2018 and 10/20/2019.

According to the performance of WAX between October 21st, 2018 and October 20th, 2019, WAX performed the best on Saturdays. On average, the price of WAX increased 2.41% on Saturday.

The weekday on which the WAX performed the worst, is Thursday. On Thursdays, the WAX declined in value on average by -1.26%.

WAX weekday performance

On an average Sunday the WAX shows an increase in value of 1.11%. However, the change of WAX on most of the Sundays is between -8.99% and 11.21%. Therefore it is hard to tell whether an average Sunday is a good day to start buying WAXs.

Allthough the WAX decreases in value with -0.58% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of WAX on Mondays is 10.07%. This means that the expected change of the value of WAX is between -10.65% and 9.50% on 68 out of 100 Mondays.

The WAX declines in value on an average Tuesday with -1.11%. However, the uncertainty (or standard deviation) is quite large, namely 7.97%. This means that it is not possible to say whether on a regular Tuesday the WAX will increase or decrease in value.

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 0.95%. However, the uncertainty of this increase is high. The expected change in value of the WAX on a Wednesday is between -8.18% and 10.08% (see also the table below).

The WAX declines in value on an average Thursday with -1.26%. However, the uncertainty (or standard deviation) is quite large, namely 9.87%. This means that it is not possible to say whether on a regular Thursday the WAX will increase or decrease in value.

On an average Friday, the WAX increased 0.40%. However, since the expected deviation is 8.37%, the WAX will decline in value on a Friday quiet regularly. The expected price change of the WAX on a Friday is between -7.97% and 8.77%.

On an average Saturday the WAX shows an increase in value of 2.41%. However, the change of WAX on most of the Saturdays is between -5.61% and 10.42%. 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 1.11% 10.10% -8.99% to 11.21%
Monday -0.58% 10.07% -10.65% to 9.50%
Tuesday -1.11% 7.97% -9.08% to 6.85%
Wednesday 0.95% 9.13% -8.18% to 10.08%
Thursday -1.26% 9.87% -11.13% to 8.61%
Friday 0.40% 8.37% -7.97% to 8.77%
Saturday 2.41% 8.02% -5.61% to 10.42%