The performance of Ethereum Classic regarding the price differs every day. To make the best decision to buy Ethereum Classic, we are analysis in this article the performance of Ethereum Classic on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on November 10th, 2023 to December 10th, 2023.
In the barchart below, the weekdays and average performance of Ethereum Classic are shown side by side.
According to the performance of Ethereum Classic between November 10th, 2023 and December 10th, 2023, Ethereum Classic performed the best on Fridays. On average, the price of Ethereum Classic increased 0.48% on Friday.
The weekday on which the Ethereum Classic performed the worst, is Sunday. On Sundays, the Ethereum Classic declined in value on average by -0.39%.
Ethereum Classic weekday performance
Allthough the Ethereum Classic decreases in value with -0.39% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Ethereum Classic on Sundays is 1.61%. This means that the expected change of the value of Ethereum Classic is between -2.00% and 1.22% on 68 out of 100 Sundays.
On an average Monday, the Ethereum Classic increased 0.38%. However, since the expected deviation is 0.51%, the Ethereum Classic will decline in value on a Monday quiet regularly. The expected price change of the Ethereum Classic on a Monday is between -0.14% and 0.89%.
It is hard to tell whether the Ethereum Classic will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Ethereum Classic is -0.25%. However, the standard deviation on this weekday is 0.78%. This means that on most Tuesdays, the change in value of the Ethereum Classic is between -1.03% and 0.54%.
The average increase of the Ethereum Classic on an average Wednesday is 0.47%. This is a small increase, however, the expected change of the Ethereum Classic in 95% of the Wednesdays is -0.38% and 1.32%. This means that only on 2.5% (or slightly over 1 Wednesday per year) the expected change of the Ethereum Classic is below -0.38%. On the other hand, you would not have to expect that the change on a single Wednesday will be above 1.32%. This will also only happen on 2.5% of the Wednesdays. On 68% of the Wednesdays, the increase of the Ethereum Classic will be in the range of 0.05% and 0.90%.
On an average Thursday, the Ethereum Classic increased 0.40%. However, since the expected deviation is 0.78%, the Ethereum Classic will decline in value on a Thursday quiet regularly. The expected price change of the Ethereum Classic on a Thursday is between -0.38% and 1.18%.
On an average Friday, the Ethereum Classic increased 0.48%. However, since the expected deviation is 0.83%, the Ethereum Classic will decline in value on a Friday quiet regularly. The expected price change of the Ethereum Classic on a Friday is between -0.35% and 1.31%.
Allthough the Ethereum Classic decreases in value with -0.38% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Ethereum Classic on Saturdays is 0.66%. This means that the expected change of the value of Ethereum Classic is between -1.04% and 0.27% on 68 out of 100 Saturdays.
Ethereum Classic weekday performance details
Find below the details of the performance of Ethereum Classic 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 | -0.39% | 1.61% | -2.00% to 1.22% |
| Monday | 0.38% | 0.51% | -0.14% to 0.89% |
| Tuesday | -0.25% | 0.78% | -1.03% to 0.54% |
| Wednesday | 0.47% | 0.43% | 0.05% to 0.90% |
| Thursday | 0.40% | 0.78% | -0.38% to 1.18% |
| Friday | 0.48% | 0.83% | -0.35% to 1.31% |
| Saturday | -0.38% | 0.66% | -1.04% to 0.27% |