Dai (DAI)

Current price: $ 1.00

24 hours price change: $ -0.000202 (-0.02%)

Daily analysis of Dai (DAI) - all

The performance of Dai regarding the price differs every day. To make the best decision to buy Dai, we are analysis in this article the performance of Dai on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on January 18th, 2018 to September 21st, 2019.

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

Average daily change in price of Dai per weekday between 01/18/2018 and 09/21/2019.

According to the performance of Dai between January 18th, 2018 and September 21st, 2019, Dai performed the best on Wednesdays. On average, the price of Dai increased 3.46% on Wednesday.

The weekday on which the Dai performed the worst, is Tuesday. On Tuesdays, the Dai declined in value on average by -0.51%.

Dai weekday performance

On an average Sunday, the Dai increased 0.30%. However, since the expected deviation is 6.30%, the Dai will decline in value on a Sunday quiet regularly. The expected price change of the Dai on a Sunday is between -6.00% and 6.60%.

It is hard to tell whether the Dai will increase or decrease in value on an average Monday. The average change on a Monday for the Dai is -0.01%. However, the standard deviation on this weekday is 2.91%. This means that on most Mondays, the change in value of the Dai is between -2.92% and 2.91%.

Allthough the Dai decreases in value with -0.51% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Dai on Tuesdays is 4.96%. This means that the expected change of the value of Dai is between -5.47% and 4.45% on 68 out of 100 Tuesdays.

The increase in value of the Dai is 3.46% on an average Wednesday. However, the uncertainty on the average change is high for the Dai on Wednesdays. This is the reason why an expected increase of the Dai on an average Wednesday cannot be predicted. The standard deviation for Dai on Wednesdays is high, namely 38.81%. This means that the expected range of value change for the Dai is -35.35% and 42.27% on 68% of the Wednesdays.

It is hard to tell whether the Dai will increase or decrease in value on an average Thursday. The average change on a Thursday for the Dai is -0.12%. However, the standard deviation on this weekday is 2.56%. This means that on most Thursdays, the change in value of the Dai is between -2.68% and 2.45%.

On an average Friday, the Dai increased 0.47%. However, since the expected deviation is 2.89%, the Dai will decline in value on a Friday quiet regularly. The expected price change of the Dai on a Friday is between -2.42% and 3.36%.

Allthough the Dai decreases in value with -0.42% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Dai on Saturdays is 3.80%. This means that the expected change of the value of Dai is between -4.22% and 3.37% on 68 out of 100 Saturdays.

Dai weekday performance details

Find below the details of the performance of Dai 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 0.30% 6.30% -6.00% to 6.60%
Monday -0.01% 2.91% -2.92% to 2.91%
Tuesday -0.51% 4.96% -5.47% to 4.45%
Wednesday 3.46% 38.81% -35.35% to 42.27%
Thursday -0.12% 2.56% -2.68% to 2.45%
Friday 0.47% 2.89% -2.42% to 3.36%
Saturday -0.42% 3.80% -4.22% to 3.37%