The performance of Dogecoin regarding the price differs every day. To make the best decision to buy Dogecoin, we are analysis in this article the performance of Dogecoin on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on August 24th, 2023 to September 24th, 2023.
In the barchart below, the weekdays and average performance of Dogecoin are shown side by side.
According to the performance of Dogecoin between August 24th, 2023 and September 24th, 2023, Dogecoin performed the best on Wednesdays. On average, the price of Dogecoin increased 0.01% on Wednesday.
The weekday on which the Dogecoin performed the worst, is Thursday. On Thursdays, the Dogecoin declined in value on average by -0.02%.
Dogecoin weekday performance
It is hard to tell whether the Dogecoin will increase or decrease in value on an average Sunday. The average change on a Sunday for the Dogecoin is 0.00%. However, the standard deviation on this weekday is 0.01%. This means that on most Sundays, the change in value of the Dogecoin is between -0.02% and 0.01%.
It is hard to tell whether the Dogecoin will increase or decrease in value on an average Monday. The average change on a Monday for the Dogecoin is -0.02%. However, the standard deviation on this weekday is 0.02%. This means that on most Mondays, the change in value of the Dogecoin is between -0.03% and 0.00%.
It is hard to tell whether the Dogecoin will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Dogecoin is 0.00%. However, the standard deviation on this weekday is 0.04%. This means that on most Tuesdays, the change in value of the Dogecoin is between -0.04% and 0.04%.
Dogecoin increased in value on an average Wednesday only slightly. The average increase in value of the Dogecoin was 0.01%. Allthough the Dogecoin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.01%). This means that on 68 percent of the Wednesdays, the change in price of the Dogecoin is expected to be in the range of 0.00% and 0.02%.
It is hard to tell whether the Dogecoin will increase or decrease in value on an average Thursday. The average change on a Thursday for the Dogecoin is -0.02%. However, the standard deviation on this weekday is 0.04%. This means that on most Thursdays, the change in value of the Dogecoin is between -0.06% and 0.02%.
It is hard to tell whether the Dogecoin will increase or decrease in value on an average Friday. The average change on a Friday for the Dogecoin is 0.00%. However, the standard deviation on this weekday is 0.02%. This means that on most Fridays, the change in value of the Dogecoin is between -0.02% and 0.02%.
Dogecoin increased in value on an average Saturday only slightly. The average increase in value of the Dogecoin was 0.00%. Allthough the Dogecoin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.04%). This means that on 68 percent of the Saturdays, the change in price of the Dogecoin is expected to be in the range of -0.04% and 0.04%.
Dogecoin weekday performance details
Find below the details of the performance of Dogecoin 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 | 0.00% | 0.01% | -0.02% to 0.01% |
| Monday | -0.02% | 0.02% | -0.03% to 0.00% |
| Tuesday | 0.00% | 0.04% | -0.04% to 0.04% |
| Wednesday | 0.01% | 0.01% | 0.00% to 0.02% |
| Thursday | -0.02% | 0.04% | -0.06% to 0.02% |
| Friday | 0.00% | 0.02% | -0.02% to 0.02% |
| Saturday | 0.00% | 0.04% | -0.04% to 0.04% |