WAX (WAX)

Current price: $ 0.06

24 hours price change: $ 0.002604 (4.81%)

Daily analysis of WAX (WAX) - 6 months

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 6 months, starting on February 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 02/18/2019 and 08/17/2019.

According to the performance of WAX between February 18th, 2019 and August 17th, 2019, WAX performed the best on Saturdays. On average, the price of WAX increased 3.93% on Saturday.

The weekday on which the WAX performed the worst, is Thursday. On Thursdays, the WAX declined in value on average by -1.39%.

WAX weekday performance

On an average Sunday the WAX shows an increase in value of 1.58%. However, the change of WAX on most of the Sundays is between -11.89% and 15.05%. 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 -0.48% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of WAX on Mondays is 12.94%. This means that the expected change of the value of WAX is between -13.42% and 12.46% on 68 out of 100 Mondays.

The WAX declines in value on an average Tuesday with -1.37%. However, the uncertainty (or standard deviation) is quite large, namely 9.07%. This means that it is not possible to say whether on a regular Tuesday the WAX will increase or decrease in value.

On an average Wednesday the WAX shows an increase in value of 1.73%. However, the change of WAX on most of the Wednesdays is between -7.06% and 10.51%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying WAXs.

The WAX declines in value on an average Thursday with -1.39%. However, the uncertainty (or standard deviation) is quite large, namely 12.31%. 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 shows an increase in value of 2.04%. However, the change of WAX on most of the Fridays is between -8.49% and 12.57%. Therefore it is hard to tell whether an average Friday is a good day to start buying WAXs.

The increase in value of the WAX is 3.93% 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 9.80%. This means that the expected range of value change for the WAX is -5.87% and 13.73% 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 1.58% 13.47% -11.89% to 15.05%
Monday -0.48% 12.94% -13.42% to 12.46%
Tuesday -1.37% 9.07% -10.44% to 7.70%
Wednesday 1.73% 8.78% -7.06% to 10.51%
Thursday -1.39% 12.31% -13.70% to 10.92%
Friday 2.04% 10.53% -8.49% to 12.57%
Saturday 3.93% 9.80% -5.87% to 13.73%