Cardano (ADA)

Current price: $ 0.03

24 hours price change: $ 0.0013 (4.09%)

Daily analysis of Cardano (ADA) - 2 years

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 2 years, starting on October 1st, 2017 to December 9th, 2018.

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 12/09/2018.

According to the performance of Cardano between October 1st, 2017 and December 9th, 2018, Cardano performed the best on Tuesdays. On average, the price of Cardano increased 2.53% on Tuesday.

The weekday on which the Cardano performed the worst, is Wednesday. On Wednesdays, the Cardano declined in value on average by -0.46%.

Cardano weekday performance

Historical performance on Sunday 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 Sunday with 0.65%. However, the uncertainty of this increase is high. The expected change in value of the Cardano on a Sunday is between -5.48% and 6.79% (see also the table below).

On an average Monday the Cardano shows an increase in value of 1.20%. However, the change of Cardano on most of the Mondays is between -4.44% and 6.84%. Therefore it is hard to tell whether an average Monday is a good day to start buying Cardanos.

On an average Tuesday the Cardano shows an increase in value of 2.53%. However, the change of Cardano on most of the Tuesdays is between -15.93% and 20.98%. 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 -0.46% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Cardano on Wednesdays is 5.16%. This means that the expected change of the value of Cardano is between -5.63% and 4.70% on 68 out of 100 Wednesdays.

On an average Thursday the Cardano shows an increase in value of 1.57%. However, the change of Cardano on most of the Thursdays is between -10.17% and 13.31%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Cardanos.

Historical performance on Friday 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 Friday with 0.82%. However, the uncertainty of this increase is high. The expected change in value of the Cardano on a Friday is between -5.60% and 7.23% (see also the table below).

On an average Saturday the Cardano shows an increase in value of 1.60%. However, the change of Cardano on most of the Saturdays is between -10.39% and 13.58%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Cardanos.

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.

WeekdayAverage change (%)Standard deviation (%)68% range
Sunday0.65%6.13%-5.48% to 6.79%
Monday1.20%5.64%-4.44% to 6.84%
Tuesday2.53%18.46%-15.93% to 20.98%
Wednesday-0.46%5.16%-5.63% to 4.70%
Thursday1.57%11.74%-10.17% to 13.31%
Friday0.82%6.41%-5.60% to 7.23%
Saturday1.60%11.99%-10.39% to 13.58%