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 April 29th, 2022 to May 29th, 2022.
In the barchart below, the weekdays and average performance of Dash are shown side by side.
According to the performance of Dash between April 29th, 2022 and May 29th, 2022, Dash performed the best on Thursdays. On average, the price of Dash increased 1.94% on Thursday.
The weekday on which the Dash performed the worst, is Friday. On Fridays, the Dash declined in value on average by -1.31%.
Dash weekday performance
Dash increased in value on an average Sunday only slightly. The average increase in value of the Dash was 0.07%. 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 (0.46%). This means that on 68 percent of the Sundays, the change in price of the Dash is expected to be in the range of -0.39% and 0.53%.
Dash increased in value on an average Monday only slightly. The average increase in value of the Dash was 0.07%. 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 (1.72%). This means that on 68 percent of the Mondays, the change in price of the Dash is expected to be in the range of -1.65% and 1.79%.
On an average Tuesday, the Dash increased 0.47%. However, since the expected deviation is 1.09%, the Dash will decline in value on a Tuesday quiet regularly. The expected price change of the Dash on a Tuesday is between -0.62% and 1.56%.
Historical performance on Wednesday 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 Wednesday with 0.64%. However, the uncertainty of this increase is high. The expected change in value of the Dash on a Wednesday is between -0.13% and 1.40% (see also the table below).
On an average Thursday the Dash shows a high increase in value, namely 1.94%. The standard deviation is below the average increase percentage (standard deviation is 1.48%), meaning that on 68% of the Thursdays the Dash will increase with a percentage between 0.46% and 3.42%. This also means that, on average, on 16 percent of the Thursdays, the Dash will increase with a percentage above this range. On the other 16% of the Thursdays, the Dash will change with a percentage below the 0.46%.
The Dash declines in value on an average Friday with -1.31%. However, the uncertainty (or standard deviation) is quite large, namely 1.65%. This means that it is not possible to say whether on a regular Friday the Dash will increase or decrease in value.
On Saturdays, the Dash decreases in value on average with -0.77%. On most of the Saturdays the Dash decreases in value between -4.67% and 3.13%. The uncertainty (3.90%) is higher than the average decline percentage (-0.77%). Therefore, expected range of price changes of the Dash on Saturdays is large.
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||0.07%||0.46%||-0.39% to 0.53%|
|Monday||0.07%||1.72%||-1.65% to 1.79%|
|Tuesday||0.47%||1.09%||-0.62% to 1.56%|
|Wednesday||0.64%||0.77%||-0.13% to 1.40%|
|Thursday||1.94%||1.48%||0.46% to 3.42%|
|Friday||-1.31%||1.65%||-2.96% to 0.34%|
|Saturday||-0.77%||3.90%||-4.67% to 3.13%|