Dash (DASH)

Current price: $ 52.09

24 hours price change: $ -0.30 (-0.57%)

Daily analysis of Dash (DASH) - 1 month

The performance of Dash regarding the price differs every day. To make the best decision to buy Dash, we are analysis in this article the performance of Dash on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on November 8th, 2019 to December 7th, 2019.

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

Average daily change in price of Dash per weekday between 11/08/2019 and 12/07/2019.

According to the performance of Dash between November 8th, 2019 and December 7th, 2019, Dash performed the best on Fridays. On average, the price of Dash increased 0.73% on Friday.

The weekday on which the Dash performed the worst, is Sunday. On Sundays, the Dash declined in value on average by -0.88%.

Dash weekday performance

On Sundays, the Dash decreases in value on average with -0.88%. On most of the Sundays the Dash decreases in value between -1.80% and 0.04%. The uncertainty (0.92%) is higher than the average decline percentage (-0.88%). Therefore, expected range of price changes of the Dash on Sundays is large.

It is hard to tell whether the Dash will increase or decrease in value on an average Monday. The average change on a Monday for the Dash is -0.20%. However, the standard deviation on this weekday is 0.75%. This means that on most Mondays, the change in value of the Dash is between -0.96% and 0.55%.

The Dash will almost not change or only slightly increase in value on an average Tuesday. The average change of the Dash on Tuesdays is 0.16%. The standard deviation of the Dash is 0.15%, which means that in 68% of the Tuesdays, the range of the change of the Dash is 0.01% and 0.30%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.

Allthough the Dash decreases in value with -0.60% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Dash on Wednesdays is 0.94%. This means that the expected change of the value of Dash is between -1.54% and 0.34% on 68 out of 100 Wednesdays.

Dash increased in value on an average Thursday only slightly. The average increase in value of the Dash was 0.21%. Allthough the Dash closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.44%). This means that on 68 percent of the Thursdays, the change in price of the Dash is expected to be in the range of -0.23% and 0.65%.

Historical performance on Friday do not show an increase in value of the Dash on which a prediction can be made. The Dash increased in value on average on an average Friday with 0.73%. However, the uncertainty of this increase is high. The expected change in value of the Dash on a Friday is between -0.03% and 1.48% (see also the table below).

The average increase of the Dash on an average Saturday is 0.58%. This is a small increase, however, the expected change of the Dash in 95% of the Saturdays is -0.35% and 1.51%. This means that only on 2.5% (or slightly over 1 Saturday per year) the expected change of the Dash is below -0.35%. On the other hand, you would not have to expect that the change on a single Saturday will be above 1.51%. This will also only happen on 2.5% of the Saturdays. On 68% of the Saturdays, the increase of the Dash will be in the range of 0.11% and 1.04%.

Dash weekday performance details

Find below the details of the performance of Dash 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 -0.88% 0.92% -1.80% to 0.04%
Monday -0.20% 0.75% -0.96% to 0.55%
Tuesday 0.16% 0.15% 0.01% to 0.30%
Wednesday -0.60% 0.94% -1.54% to 0.34%
Thursday 0.21% 0.44% -0.23% to 0.65%
Friday 0.73% 0.75% -0.03% to 1.48%
Saturday 0.58% 0.47% 0.11% to 1.04%