Dogecoin (DOGE)

Current price: $ 0.0020

24 hours price change: $ 0.00001900 (0.94%)

Daily analysis of Dogecoin (DOGE) - 1 year

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 year, starting on December 12th, 2017 to December 12th, 2018.

In the barchart below, the weekdays and average performance of Dogecoin are shown side by side.

Average daily change in price of Dogecoin per weekday between 12/12/2017 and 12/12/2018.

According to the performance of Dogecoin between December 12th, 2017 and December 12th, 2018, Dogecoin performed the best on Mondays. On average, the price of Dogecoin increased inf% on Monday.

The weekday on which the Dogecoin performed the worst, is Sunday. On Sundays, the Dogecoin declined in value on average by -0.64%.

Dogecoin weekday performance

On Sundays, the Dogecoin decreases in value on average with -0.64%. On most of the Sundays the Dogecoin decreases in value between -5.21% and 3.93%. The uncertainty (4.57%) is higher than the average decline percentage (-0.64%). Therefore, expected range of price changes of the Dogecoin on Sundays is large.

On Mondays, the average increase of the value of the Dogecoin is very high. The average increase is inf%. The standard deviation of the Dogecoin on Mondays is nan%. This means that on 68% of the Mondays, the Dogecoin increases between nan% and nan%. The uncertainty is therefore not very high, since on most Mondays, the value of the Dogecoin will increase.

On an average Tuesday the Dogecoin shows an increase in value of 1.14%. However, the change of Dogecoin on most of the Tuesdays is between -3.43% and 5.71%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Dogecoins.

Dogecoin increased in value on an average Wednesday only slightly. The average increase in value of the Dogecoin was 0.28%. 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 (5.29%). This means that on 68 percent of the Wednesdays, the change in price of the Dogecoin is expected to be in the range of -5.01% and 5.56%.

Historical performance on Thursday do not show an increase in value of the Dogecoin on which a prediction can be made. The Dogecoin increased in value on average on an average Thursday with 0.93%. However, the uncertainty of this increase is high. The expected change in value of the Dogecoin on a Thursday is between -5.22% and 7.07% (see also the table below).

On an average Friday the Dogecoin shows an increase in value of 2.00%. However, the change of Dogecoin on most of the Fridays is between -6.58% and 10.59%. Therefore it is hard to tell whether an average Friday is a good day to start buying Dogecoins.

Dogecoin increased in value on an average Saturday only slightly. The average increase in value of the Dogecoin was 0.15%. 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 (5.64%). This means that on 68 percent of the Saturdays, the change in price of the Dogecoin is expected to be in the range of -5.50% and 5.79%.

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.

WeekdayAverage change (%)Standard deviation (%)68% range
Sunday-0.64%4.57%-5.21% to 3.93%
Mondayinf%nan%nan% to nan%
Tuesday1.14%4.57%-3.43% to 5.71%
Wednesday0.28%5.29%-5.01% to 5.56%
Thursday0.93%6.14%-5.22% to 7.07%
Friday2.00%8.58%-6.58% to 10.59%
Saturday0.15%5.64%-5.50% to 5.79%