Cardano (ADA)

Current price: $ 2.05

24 hours price change: $ -0.12 (-5.54%)

Daily analysis of Cardano (ADA) - 6 months

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 6 months, starting on March 28th, 2021 to September 28th, 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 03/28/2021 and 09/28/2021.

According to the performance of Cardano between March 28th, 2021 and September 28th, 2021, Cardano performed the best on Sundays. On average, the price of Cardano increased 0.44% on Sunday.

The weekday on which the Cardano performed the worst, is Monday. On Mondays, the Cardano declined in value on average by -0.23%.

Cardano weekday performance

On an average Sunday, the Cardano increased 0.44%. However, since the expected deviation is 1.89%, the Cardano will decline in value on a Sunday quiet regularly. The expected price change of the Cardano on a Sunday is between -1.44% and 2.33%.

It is hard to tell whether the Cardano will increase or decrease in value on an average Monday. The average change on a Monday for the Cardano is -0.23%. However, the standard deviation on this weekday is 1.73%. This means that on most Mondays, the change in value of the Cardano is between -1.96% and 1.49%.

On an average Tuesday, the Cardano increased 0.44%. However, since the expected deviation is 1.63%, the Cardano will decline in value on a Tuesday quiet regularly. The expected price change of the Cardano on a Tuesday is between -1.20% and 2.07%.

On an average Wednesday, the Cardano increased 0.35%. However, since the expected deviation is 1.96%, the Cardano will decline in value on a Wednesday quiet regularly. The expected price change of the Cardano on a Wednesday is between -1.61% and 2.32%.

On an average Thursday, the Cardano increased 0.39%. However, since the expected deviation is 3.28%, the Cardano will decline in value on a Thursday quiet regularly. The expected price change of the Cardano on a Thursday is between -2.89% and 3.67%.

It is hard to tell whether the Cardano will increase or decrease in value on an average Friday. The average change on a Friday for the Cardano is -0.19%. However, the standard deviation on this weekday is 1.77%. This means that on most Fridays, the change in value of the Cardano is between -1.96% and 1.58%.

It is hard to tell whether the Cardano will increase or decrease in value on an average Saturday. The average change on a Saturday for the Cardano is -0.19%. However, the standard deviation on this weekday is 0.98%. This means that on most Saturdays, the change in value of the Cardano is between -1.17% and 0.79%.

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 0.44% 1.89% -1.44% to 2.33%
Monday -0.23% 1.73% -1.96% to 1.49%
Tuesday 0.44% 1.63% -1.20% to 2.07%
Wednesday 0.35% 1.96% -1.61% to 2.32%
Thursday 0.39% 3.28% -2.89% to 3.67%
Friday -0.19% 1.77% -1.96% to 1.58%
Saturday -0.19% 0.98% -1.17% to 0.79%
 

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