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 3 months, starting on March 3rd, 2023 to June 3rd, 2023.
In the barchart below, the weekdays and average performance of Dash are shown side by side.
According to the performance of Dash between March 3rd, 2023 and June 3rd, 2023, Dash performed the best on Sundays. On average, the price of Dash increased 0.03% on Sunday.
The weekday on which the Dash performed the worst, is Friday. On Fridays, the Dash declined in value on average by -0.54%.
Dash weekday performance
Dash increased in value on an average Sunday only slightly. The average increase in value of the Dash was 0.03%. 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 (0.93%). This means that on 68 percent of the Sundays, the change in price of the Dash is expected to be in the range of -0.90% and 0.96%.
Allthough the Dash decreases in value with -0.49% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Dash on Mondays is 1.16%. This means that the expected change of the value of Dash is between -1.64% and 0.67% on 68 out of 100 Mondays.
Allthough the Dash decreases in value with -0.34% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Dash on Tuesdays is 0.67%. This means that the expected change of the value of Dash is between -1.01% and 0.33% on 68 out of 100 Tuesdays.
It is hard to tell whether the Dash will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Dash is -0.13%. However, the standard deviation on this weekday is 0.91%. This means that on most Wednesdays, the change in value of the Dash is between -1.04% and 0.78%.
Allthough the Dash decreases in value with -0.49% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Dash on Thursdays is 1.11%. This means that the expected change of the value of Dash is between -1.59% and 0.62% on 68 out of 100 Thursdays.
Allthough the Dash decreases in value with -0.54% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Dash on Fridays is 2.15%. This means that the expected change of the value of Dash is between -2.69% and 1.61% on 68 out of 100 Fridays.
It is hard to tell whether the Dash will increase or decrease in value on an average Saturday. The average change on a Saturday for the Dash is -0.11%. However, the standard deviation on this weekday is 0.54%. This means that on most Saturdays, the change in value of the Dash is between -0.65% and 0.43%.
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 | 0.03% | 0.93% | -0.90% to 0.96% |
Monday | -0.49% | 1.16% | -1.64% to 0.67% |
Tuesday | -0.34% | 0.67% | -1.01% to 0.33% |
Wednesday | -0.13% | 0.91% | -1.04% to 0.78% |
Thursday | -0.49% | 1.11% | -1.59% to 0.62% |
Friday | -0.54% | 2.15% | -2.69% to 1.61% |
Saturday | -0.11% | 0.54% | -0.65% to 0.43% |