The performance of Decred regarding the price differs every day. To make the best decision to buy Decred, we are analysis in this article the performance of Decred on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 year, starting on December 1st, 2022 to December 1st, 2023.
In the barchart below, the weekdays and average performance of Decred are shown side by side.
According to the performance of Decred between December 1st, 2022 and December 1st, 2023, Decred performed the best on Saturdays. On average, the price of Decred increased 0.20% on Saturday.
The weekday on which the Decred performed the worst, is Friday. On Fridays, the Decred declined in value on average by -0.07%.
Decred weekday performance
It is hard to tell whether the Decred will increase or decrease in value on an average Sunday. The average change on a Sunday for the Decred is -0.07%. However, the standard deviation on this weekday is 0.45%. This means that on most Sundays, the change in value of the Decred is between -0.51% and 0.38%.
Decred increased in value on an average Monday only slightly. The average increase in value of the Decred was 0.09%. Allthough the Decred closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.43%). This means that on 68 percent of the Mondays, the change in price of the Decred is expected to be in the range of -0.34% and 0.53%.
It is hard to tell whether the Decred will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Decred is -0.04%. However, the standard deviation on this weekday is 0.40%. This means that on most Tuesdays, the change in value of the Decred is between -0.44% and 0.36%.
Decred increased in value on an average Wednesday only slightly. The average increase in value of the Decred was 0.07%. Allthough the Decred closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.57%). This means that on 68 percent of the Wednesdays, the change in price of the Decred is expected to be in the range of -0.49% and 0.64%.
Decred increased in value on an average Thursday only slightly. The average increase in value of the Decred was 0.08%. Allthough the Decred closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.60%). This means that on 68 percent of the Thursdays, the change in price of the Decred is expected to be in the range of -0.52% and 0.69%.
It is hard to tell whether the Decred will increase or decrease in value on an average Friday. The average change on a Friday for the Decred is -0.07%. However, the standard deviation on this weekday is 1.21%. This means that on most Fridays, the change in value of the Decred is between -1.28% and 1.13%.
Decred increased in value on an average Saturday only slightly. The average increase in value of the Decred was 0.20%. Allthough the Decred closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.58%). This means that on 68 percent of the Saturdays, the change in price of the Decred is expected to be in the range of -0.38% and 0.78%.
Decred weekday performance details
Find below the details of the performance of Decred 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% | 0.45% | -0.51% to 0.38% |
| Monday | 0.09% | 0.43% | -0.34% to 0.53% |
| Tuesday | -0.04% | 0.40% | -0.44% to 0.36% |
| Wednesday | 0.07% | 0.57% | -0.49% to 0.64% |
| Thursday | 0.08% | 0.60% | -0.52% to 0.69% |
| Friday | -0.07% | 1.21% | -1.28% to 1.13% |
| Saturday | 0.20% | 0.58% | -0.38% to 0.78% |