The performance of Binance Coin regarding the price differs every day. To make the best decision to buy Binance Coin, we are analysis in this article the performance of Binance Coin on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on September 7th, 2017 to May 28th, 2023.
In the barchart below, the weekdays and average performance of Binance Coin are shown side by side.
According to the performance of Binance Coin between September 7th, 2017 and May 28th, 2023, Binance Coin performed the best on Fridays. On average, the price of Binance Coin increased 4.45% on Friday.
The weekday on which the Binance Coin performed the worst, is Wednesday. On Wednesdays, the Binance Coin declined in value on average by -0.04%.
Binance Coin weekday performance
Historical performance on Sunday do not show an increase in value of the Binance Coin on which a prediction can be made. The Binance Coin increased in value on average on an average Sunday with 0.64%. However, the uncertainty of this increase is high. The expected change in value of the Binance Coin on a Sunday is between -3.67% and 4.95% (see also the table below).
Binance Coin increased in value on an average Monday only slightly. The average increase in value of the Binance Coin was 0.01%. Allthough the Binance Coin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (2.72%). This means that on 68 percent of the Mondays, the change in price of the Binance Coin is expected to be in the range of -2.70% and 2.73%.
Binance Coin increased in value on an average Tuesday only slightly. The average increase in value of the Binance Coin was 0.09%. Allthough the Binance Coin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (2.77%). This means that on 68 percent of the Tuesdays, the change in price of the Binance Coin is expected to be in the range of -2.68% and 2.87%.
It is hard to tell whether the Binance Coin will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Binance Coin is -0.04%. However, the standard deviation on this weekday is 3.68%. This means that on most Wednesdays, the change in value of the Binance Coin is between -3.72% and 3.63%.
Binance Coin increased in value on an average Thursday only slightly. The average increase in value of the Binance Coin was 0.14%. Allthough the Binance Coin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (4.99%). This means that on 68 percent of the Thursdays, the change in price of the Binance Coin is expected to be in the range of -4.85% and 5.13%.
The increase in value of the Binance Coin is 4.45% on an average Friday. However, the uncertainty on the average change is high for the Binance Coin on Fridays. This is the reason why an expected increase of the Binance Coin on an average Friday cannot be predicted. The standard deviation for Binance Coin on Fridays is high, namely 75.42%. This means that the expected range of value change for the Binance Coin is -70.97% and 79.88% on 68% of the Fridays.
Binance Coin increased in value on an average Saturday only slightly. The average increase in value of the Binance Coin was 0.07%. Allthough the Binance Coin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (3.42%). This means that on 68 percent of the Saturdays, the change in price of the Binance Coin is expected to be in the range of -3.35% and 3.49%.
Binance Coin weekday performance details
Find below the details of the performance of Binance Coin 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 | 0.64% | 4.31% | -3.67% to 4.95% |
| Monday | 0.01% | 2.72% | -2.70% to 2.73% |
| Tuesday | 0.09% | 2.77% | -2.68% to 2.87% |
| Wednesday | -0.04% | 3.68% | -3.72% to 3.63% |
| Thursday | 0.14% | 4.99% | -4.85% to 5.13% |
| Friday | 4.45% | 75.42% | -70.97% to 79.88% |
| Saturday | 0.07% | 3.42% | -3.35% to 3.49% |