The performance of MonaCoin regarding the price differs every day. To make the best decision to buy MonaCoin, we are analysis in this article the performance of MonaCoin on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on February 1st, 2015 to September 24th, 2023.
In the barchart below, the weekdays and average performance of MonaCoin are shown side by side.
According to the performance of MonaCoin between February 1st, 2015 and September 24th, 2023, MonaCoin performed the best on Wednesdays. On average, the price of MonaCoin increased 0.58% on Wednesday.
The weekday on which the MonaCoin performed the worst, is Saturday. On Saturdays, the MonaCoin rose in value on average by 0.00%. The price still increased on Saturdays, allthough it was the smallest increase of all days on average.
MonaCoin weekday performance
On an average Sunday, the MonaCoin increased 0.57%. However, since the expected deviation is 5.93%, the MonaCoin will decline in value on a Sunday quiet regularly. The expected price change of the MonaCoin on a Sunday is between -5.36% and 6.50%.
On an average Monday, the MonaCoin increased 0.52%. However, since the expected deviation is 7.00%, the MonaCoin will decline in value on a Monday quiet regularly. The expected price change of the MonaCoin on a Monday is between -6.47% and 7.52%.
On an average Tuesday, the MonaCoin increased 0.53%. However, since the expected deviation is 7.31%, the MonaCoin will decline in value on a Tuesday quiet regularly. The expected price change of the MonaCoin on a Tuesday is between -6.78% and 7.84%.
On an average Wednesday, the MonaCoin increased 0.58%. However, since the expected deviation is 9.26%, the MonaCoin will decline in value on a Wednesday quiet regularly. The expected price change of the MonaCoin on a Wednesday is between -8.68% and 9.84%.
On an average Thursday, the MonaCoin increased 0.35%. However, since the expected deviation is 8.17%, the MonaCoin will decline in value on a Thursday quiet regularly. The expected price change of the MonaCoin on a Thursday is between -7.82% and 8.51%.
MonaCoin increased in value on an average Friday only slightly. The average increase in value of the MonaCoin was 0.29%. Allthough the MonaCoin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (7.23%). This means that on 68 percent of the Fridays, the change in price of the MonaCoin is expected to be in the range of -6.94% and 7.52%.
MonaCoin increased in value on an average Saturday only slightly. The average increase in value of the MonaCoin was 0.00%. Allthough the MonaCoin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (4.77%). This means that on 68 percent of the Saturdays, the change in price of the MonaCoin is expected to be in the range of -4.77% and 4.77%.
MonaCoin weekday performance details
Find below the details of the performance of MonaCoin 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 | 0.57% | 5.93% | -5.36% to 6.50% |
| Monday | 0.52% | 7.00% | -6.47% to 7.52% |
| Tuesday | 0.53% | 7.31% | -6.78% to 7.84% |
| Wednesday | 0.58% | 9.26% | -8.68% to 9.84% |
| Thursday | 0.35% | 8.17% | -7.82% to 8.51% |
| Friday | 0.29% | 7.23% | -6.94% to 7.52% |
| Saturday | 0.00% | 4.77% | -4.77% to 4.77% |