The performance of Decentraland regarding the price differs every day. To make the best decision to buy Decentraland, we are analysis in this article the performance of Decentraland on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on November 9th, 2023 to December 9th, 2023.
In the barchart below, the weekdays and average performance of Decentraland are shown side by side.
According to the performance of Decentraland between November 9th, 2023 and December 9th, 2023, Decentraland performed the best on Mondays. On average, the price of Decentraland increased 1.12% on Monday.
The weekday on which the Decentraland performed the worst, is Sunday. On Sundays, the Decentraland declined in value on average by -1.25%.
Decentraland weekday performance
The Decentraland declines in value on an average Sunday with -1.25%. However, the uncertainty (or standard deviation) is quite large, namely 1.03%. This means that it is not possible to say whether on a regular Sunday the Decentraland will increase or decrease in value.
On an average Monday the Decentraland shows a high increase in value, namely 1.12%. The standard deviation is below the average increase percentage (standard deviation is 0.93%), meaning that on 68% of the Mondays the Decentraland will increase with a percentage between 0.19% and 2.04%. This also means that, on average, on 16 percent of the Mondays, the Decentraland will increase with a percentage above this range. On the other 16% of the Mondays, the Decentraland will change with a percentage below the 0.19%.
Historical performance on Tuesday do not show an increase in value of the Decentraland on which a prediction can be made. The Decentraland increased in value on average on an average Tuesday with 0.63%. However, the uncertainty of this increase is high. The expected change in value of the Decentraland on a Tuesday is between -1.44% and 2.70% (see also the table below).
Historical performance on Wednesday do not show an increase in value of the Decentraland on which a prediction can be made. The Decentraland increased in value on average on an average Wednesday with 0.81%. However, the uncertainty of this increase is high. The expected change in value of the Decentraland on a Wednesday is between -0.02% and 1.64% (see also the table below).
Historical performance on Thursday do not show an increase in value of the Decentraland on which a prediction can be made. The Decentraland increased in value on average on an average Thursday with 0.92%. However, the uncertainty of this increase is high. The expected change in value of the Decentraland on a Thursday is between -0.45% and 2.28% (see also the table below).
Decentraland increased in value on an average Friday only slightly. The average increase in value of the Decentraland was 0.28%. Allthough the Decentraland closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.24%). This means that on 68 percent of the Fridays, the change in price of the Decentraland is expected to be in the range of -0.96% and 1.51%.
Decentraland increased in value on an average Saturday only slightly. The average increase in value of the Decentraland was 0.11%. Allthough the Decentraland closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.51%). This means that on 68 percent of the Saturdays, the change in price of the Decentraland is expected to be in the range of -1.41% and 1.62%.
Decentraland weekday performance details
Find below the details of the performance of Decentraland 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 | -1.25% | 1.03% | -2.28% to -0.22% |
| Monday | 1.12% | 0.93% | 0.19% to 2.04% |
| Tuesday | 0.63% | 2.07% | -1.44% to 2.70% |
| Wednesday | 0.81% | 0.83% | -0.02% to 1.64% |
| Thursday | 0.92% | 1.36% | -0.45% to 2.28% |
| Friday | 0.28% | 1.24% | -0.96% to 1.51% |
| Saturday | 0.11% | 1.51% | -1.41% to 1.62% |