WAX (WAX)

Current price: $ 0.04

24 hours price change: $ -0.001730 (-4.67%)

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 March 21st, 2020 to September 20th, 2020.

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 03/21/2020 and 09/20/2020.

According to the performance of WAX between March 21st, 2020 and September 20th, 2020, WAX performed the best on Mondays. On average, the price of WAX increased 0.17% on Monday.

The weekday on which the WAX performed the worst, is Wednesday. On Wednesdays, the WAX declined in value on average by -0.63%.

WAX weekday performance

WAX increased in value on an average Sunday only slightly. The average increase in value of the WAX was 0.17%. 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 (0.68%). This means that on 68 percent of the Sundays, the change in price of the WAX is expected to be in the range of -0.51% and 0.85%.

WAX increased in value on an average Monday only slightly. The average increase in value of the WAX was 0.17%. 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 (0.42%). This means that on 68 percent of the Mondays, the change in price of the WAX is expected to be in the range of -0.24% and 0.59%.

WAX increased in value on an average Tuesday only slightly. The average increase in value of the WAX was 0.01%. 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 (0.14%). This means that on 68 percent of the Tuesdays, the change in price of the WAX is expected to be in the range of -0.13% and 0.15%.

On Wednesdays, the WAX decreases in value on average with -0.63%. On most of the Wednesdays the WAX decreases in value between -4.73% and 3.47%. The uncertainty (4.10%) is higher than the average decline percentage (-0.63%). Therefore, expected range of price changes of the WAX on Wednesdays is large.

It is hard to tell whether the WAX will increase or decrease in value on an average Thursday. The average change on a Thursday for the WAX is -0.21%. However, the standard deviation on this weekday is 1.42%. This means that on most Thursdays, the change in value of the WAX is between -1.62% and 1.21%.

It is hard to tell whether the WAX will increase or decrease in value on an average Friday. The average change on a Friday for the WAX is -0.02%. However, the standard deviation on this weekday is 0.53%. This means that on most Fridays, the change in value of the WAX is between -0.55% and 0.51%.

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 0.00%. However, the standard deviation on this weekday is 0.16%. This means that on most Saturdays, the change in value of the WAX is between -0.16% and 0.16%.

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 0.17% 0.68% -0.51% to 0.85%
Monday 0.17% 0.42% -0.24% to 0.59%
Tuesday 0.01% 0.14% -0.13% to 0.15%
Wednesday -0.63% 4.10% -4.73% to 3.47%
Thursday -0.21% 1.42% -1.62% to 1.21%
Friday -0.02% 0.53% -0.55% to 0.51%
Saturday 0.00% 0.16% -0.16% to 0.16%
 

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