WAX (WAX)

Current price: $ 0.03

24 hours price change: $ -0.000350 (-1.15%)

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 April 20th, 2019 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 04/20/2019 and 10/20/2019.

According to the performance of WAX between April 20th, 2019 and October 20th, 2019, WAX performed the best on Saturdays. On average, the price of WAX increased 3.22% on Saturday.

The weekday on which the WAX performed the worst, is Wednesday. On Wednesdays, the WAX declined in value on average by -2.39%.

WAX weekday performance

Historical performance on Sunday 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 Sunday with 0.66%. However, the uncertainty of this increase is high. The expected change in value of the WAX on a Sunday is between -11.87% and 13.18% (see also the table below).

Allthough the WAX decreases in value with -0.30% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of WAX on Mondays is 10.37%. This means that the expected change of the value of WAX is between -10.68% and 10.07% on 68 out of 100 Mondays.

The WAX declines in value on an average Tuesday with -1.04%. However, the uncertainty (or standard deviation) is quite large, namely 6.80%. This means that it is not possible to say whether on a regular Tuesday the WAX will increase or decrease in value.

The WAX declines in value on an average Wednesday with -2.39%. However, the uncertainty (or standard deviation) is quite large, namely 4.50%. This means that it is not possible to say whether on a regular Wednesday the WAX will increase or decrease in value.

The WAX declines in value on an average Thursday with -1.67%. However, the uncertainty (or standard deviation) is quite large, namely 11.79%. 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 1.97%. However, the change of WAX on most of the Fridays is between -8.19% and 12.12%. 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 3.22% 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 9.44%. This means that the expected range of value change for the WAX is -6.21% and 12.66% 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 0.66% 12.53% -11.87% to 13.18%
Monday -0.30% 10.37% -10.68% to 10.07%
Tuesday -1.04% 6.80% -7.83% to 5.76%
Wednesday -2.39% 4.50% -6.89% to 2.11%
Thursday -1.67% 11.79% -13.46% to 10.13%
Friday 1.97% 10.15% -8.19% to 12.12%
Saturday 3.22% 9.44% -6.21% to 12.66%