Cardano (ADA)

Current price: $ 0.05

24 hours price change: $ -0.001090 (-2.19%)

Daily analysis of Cardano (ADA) - all

The performance of Cardano regarding the price differs every day. To make the best decision to buy Cardano, we are analysis in this article the performance of Cardano on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on October 1st, 2017 to September 22nd, 2019.

In the barchart below, the weekdays and average performance of Cardano are shown side by side.

Average daily change in price of Cardano per weekday between 10/01/2017 and 09/22/2019.

According to the performance of Cardano between October 1st, 2017 and September 22nd, 2019, Cardano performed the best on Tuesdays. On average, the price of Cardano increased 1.53% on Tuesday.

The weekday on which the Cardano performed the worst, is Wednesday. On Wednesdays, the Cardano declined in value on average by -0.41%.

Cardano weekday performance

On an average Sunday, the Cardano increased 0.54%. However, since the expected deviation is 4.84%, the Cardano will decline in value on a Sunday quiet regularly. The expected price change of the Cardano on a Sunday is between -4.30% and 5.38%.

Historical performance on Monday do not show an increase in value of the Cardano on which a prediction can be made. The Cardano increased in value on average on an average Monday with 0.72%. However, the uncertainty of this increase is high. The expected change in value of the Cardano on a Monday is between -3.88% and 5.32% (see also the table below).

On an average Tuesday the Cardano shows an increase in value of 1.53%. However, the change of Cardano on most of the Tuesdays is between -12.85% and 15.91%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Cardanos.

Allthough the Cardano decreases in value with -0.41% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Cardano on Wednesdays is 4.31%. This means that the expected change of the value of Cardano is between -4.71% and 3.90% on 68 out of 100 Wednesdays.

On an average Thursday the Cardano shows an increase in value of 1.04%. However, the change of Cardano on most of the Thursdays is between -8.12% and 10.20%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Cardanos.

On an average Friday, the Cardano increased 0.55%. However, since the expected deviation is 5.01%, the Cardano will decline in value on a Friday quiet regularly. The expected price change of the Cardano on a Friday is between -4.46% and 5.57%.

Historical performance on Saturday do not show an increase in value of the Cardano on which a prediction can be made. The Cardano increased in value on average on an average Saturday with 0.85%. However, the uncertainty of this increase is high. The expected change in value of the Cardano on a Saturday is between -8.52% and 10.22% (see also the table below).

Cardano weekday performance details

Find below the details of the performance of Cardano 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 0.54% 4.84% -4.30% to 5.38%
Monday 0.72% 4.60% -3.88% to 5.32%
Tuesday 1.53% 14.38% -12.85% to 15.91%
Wednesday -0.41% 4.31% -4.71% to 3.90%
Thursday 1.04% 9.16% -8.12% to 10.20%
Friday 0.55% 5.01% -4.46% to 5.57%
Saturday 0.85% 9.37% -8.52% to 10.22%