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 3 months, starting on December 20th, 2022 to March 20th, 2023.
In the barchart below, the weekdays and average performance of Cardano are shown side by side.
According to the performance of Cardano between December 20th, 2022 and March 20th, 2023, Cardano performed the best on Mondays. On average, the price of Cardano increased 0.73% on Monday.
The weekday on which the Cardano performed the worst, is Wednesday. On Wednesdays, the Cardano declined in value on average by -0.26%.
Cardano weekday performance
It is hard to tell whether the Cardano will increase or decrease in value on an average Sunday. The average change on a Sunday for the Cardano is -0.15%. However, the standard deviation on this weekday is 0.71%. This means that on most Sundays, the change in value of the Cardano is between -0.85% and 0.56%.
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 0.73%. However, the uncertainty of this increase is high. The expected change in value of the Cardano on a Monday is between -0.89% and 2.35% (see also the table below).
It is hard to tell whether the Cardano will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Cardano is -0.05%. However, the standard deviation on this weekday is 0.40%. This means that on most Tuesdays, the change in value of the Cardano is between -0.45% and 0.34%.
It is hard to tell whether the Cardano will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Cardano is -0.26%. However, the standard deviation on this weekday is 0.49%. This means that on most Wednesdays, the change in value of the Cardano is between -0.75% and 0.24%.
Cardano increased in value on an average Thursday only slightly. The average increase in value of the Cardano was 0.20%. 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 (1.43%). This means that on 68 percent of the Thursdays, the change in price of the Cardano is expected to be in the range of -1.23% and 1.63%.
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 -0.11%. However, the standard deviation on this weekday is 0.96%. This means that on most Fridays, the change in value of the Cardano is between -1.07% and 0.86%.
Cardano increased in value on an average Saturday only slightly. The average increase in value of the Cardano was 0.24%. 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 (0.75%). This means that on 68 percent of the Saturdays, the change in price of the Cardano is expected to be in the range of -0.51% and 0.99%.
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 | -0.15% | 0.71% | -0.85% to 0.56% |
| Monday | 0.73% | 1.62% | -0.89% to 2.35% |
| Tuesday | -0.05% | 0.40% | -0.45% to 0.34% |
| Wednesday | -0.26% | 0.49% | -0.75% to 0.24% |
| Thursday | 0.20% | 1.43% | -1.23% to 1.63% |
| Friday | -0.11% | 0.96% | -1.07% to 0.86% |
| Saturday | 0.24% | 0.75% | -0.51% to 0.99% |