Cardano (ADA)

Current price: $ 1.27

24 hours price change: $ -0.01 (-0.94%)

Daily analysis of Cardano (ADA) - 1 month

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 1 month, starting on June 29th, 2021 to July 29th, 2021.

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 06/29/2021 and 07/29/2021.

According to the performance of Cardano between June 29th, 2021 and July 29th, 2021, Cardano performed the best on Tuesdays. On average, the price of Cardano increased 0.66% on Tuesday.

The weekday on which the Cardano performed the worst, is Thursday. On Thursdays, the Cardano rose in value on average by -. The price still increased on Thursdays, allthough it was the smallest increase of all days on average.

Cardano weekday performance

Cardano increased in value on an average Sunday only slightly. The average increase in value of the Cardano was -. Allthough the Cardano closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (-). This means that on 68 percent of the Sundays, the change in price of the Cardano is expected to be in the range of - and -.

Cardano increased in value on an average Monday only slightly. The average increase in value of the Cardano was 0.04%. Allthough the Cardano closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.04%). This means that on 68 percent of the Mondays, the change in price of the Cardano is expected to be in the range of 0.00% and 0.07%.

Historical performance on Tuesday 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 Tuesday with 0.66%. However, the uncertainty of this increase is high. The expected change in value of the Cardano on a Tuesday is between -0.70% and 2.03% (see also the table below).

Cardano increased in value on an average Wednesday only slightly. The average increase in value of the Cardano was 0.19%. Allthough the Cardano closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.38%). This means that on 68 percent of the Wednesdays, the change in price of the Cardano is expected to be in the range of -0.19% and 0.57%.

Cardano increased in value on an average Thursday only slightly. The average increase in value of the Cardano was -. Allthough the Cardano closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (-). This means that on 68 percent of the Thursdays, the change in price of the Cardano is expected to be in the range of - and -.

Cardano increased in value on an average Friday only slightly. The average increase in value of the Cardano was -. Allthough the Cardano closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (-). This means that on 68 percent of the Fridays, the change in price of the Cardano is expected to be in the range of - and -.

Cardano increased in value on an average Saturday only slightly. The average increase in value of the Cardano was 0.04%. Allthough the Cardano closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.07%). This means that on 68 percent of the Saturdays, the change in price of the Cardano is expected to be in the range of -0.03% and 0.11%.

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 - - - to -
Monday 0.04% 0.04% 0.00% to 0.07%
Tuesday 0.66% 1.37% -0.70% to 2.03%
Wednesday 0.19% 0.38% -0.19% to 0.57%
Thursday - - - to -
Friday - - - to -
Saturday 0.04% 0.07% -0.03% to 0.11%
 

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