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 August 27th, 2021 to November 27th, 2021.
In the barchart below, the weekdays and average performance of Dash are shown side by side.
According to the performance of Dash between August 27th, 2021 and November 27th, 2021, Dash performed the best on Sundays. On average, the price of Dash increased 0.67% on Sunday.
The weekday on which the Dash performed the worst, is Tuesday. On Tuesdays, the Dash declined in value on average by -1.25%.
Dash weekday performance
Historical performance on Sunday 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 Sunday with 0.67%. However, the uncertainty of this increase is high. The expected change in value of the Dash on a Sunday is between -1.42% and 2.76% (see also the table below).
Allthough the Dash decreases in value with -0.37% 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 -1.54% and 0.79% on 68 out of 100 Mondays.
The Dash declines in value on an average Tuesday with -1.25%. However, the uncertainty (or standard deviation) is quite large, namely 3.24%. This means that it is not possible to say whether on a regular Tuesday the Dash will increase or decrease in value.
Allthough the Dash decreases in value with -0.36% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Dash on Wednesdays is 1.44%. This means that the expected change of the value of Dash is between -1.80% and 1.08% on 68 out of 100 Wednesdays.
Allthough the Dash decreases in value with -0.41% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Dash on Thursdays is 2.13%. This means that the expected change of the value of Dash is between -2.54% and 1.72% on 68 out of 100 Thursdays.
On an average Friday, the Dash increased 0.49%. However, since the expected deviation is 2.41%, the Dash will decline in value on a Friday quiet regularly. The expected price change of the Dash on a Friday is between -1.92% and 2.90%.
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 -0.10%. However, the standard deviation on this weekday is 0.95%. This means that on most Saturdays, the change in value of the Dash is between -1.05% and 0.84%.
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||0.67%||2.09%||-1.42% to 2.76%|
|Monday||-0.37%||1.16%||-1.54% to 0.79%|
|Tuesday||-1.25%||3.24%||-4.49% to 2.00%|
|Wednesday||-0.36%||1.44%||-1.80% to 1.08%|
|Thursday||-0.41%||2.13%||-2.54% to 1.72%|
|Friday||0.49%||2.41%||-1.92% to 2.90%|
|Saturday||-0.10%||0.95%||-1.05% to 0.84%|