MonaCoin (MONA)

Current price: $ 1.13

24 hours price change: $ -0.04 (-3.36%)

Daily analysis of MonaCoin (MONA) - all

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 21st, 2019.

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

Average daily change in price of MonaCoin per weekday between 02/01/2015 and 09/21/2019.

According to the performance of MonaCoin between February 1st, 2015 and September 21st, 2019, MonaCoin performed the best on Sundays. On average, the price of MonaCoin increased 1.06% on Sunday.

The weekday on which the MonaCoin performed the worst, is Saturday. On Saturdays, the MonaCoin declined in value on average by -0.07%.

MonaCoin weekday performance

On an average Sunday the MonaCoin shows an increase in value of 1.06%. However, the change of MonaCoin on most of the Sundays is between -6.93% and 9.05%. Therefore it is hard to tell whether an average Sunday is a good day to start buying MonaCoins.

Historical performance on Monday do not show an increase in value of the MonaCoin on which a prediction can be made. The MonaCoin increased in value on average on an average Monday with 0.97%. However, the uncertainty of this increase is high. The expected change in value of the MonaCoin on a Monday is between -8.44% and 10.38% (see also the table below).

Historical performance on Tuesday do not show an increase in value of the MonaCoin on which a prediction can be made. The MonaCoin increased in value on average on an average Tuesday with 0.98%. However, the uncertainty of this increase is high. The expected change in value of the MonaCoin on a Tuesday is between -8.81% and 10.78% (see also the table below).

Historical performance on Wednesday do not show an increase in value of the MonaCoin on which a prediction can be made. The MonaCoin increased in value on average on an average Wednesday with 0.95%. However, the uncertainty of this increase is high. The expected change in value of the MonaCoin on a Wednesday is between -11.59% and 13.50% (see also the table below).

On an average Thursday, the MonaCoin increased 0.52%. However, since the expected deviation is 11.01%, the MonaCoin will decline in value on a Thursday quiet regularly. The expected price change of the MonaCoin on a Thursday is between -10.49% and 11.53%.

On an average Friday, the MonaCoin increased 0.56%. However, since the expected deviation is 9.74%, the MonaCoin will decline in value on a Friday quiet regularly. The expected price change of the MonaCoin on a Friday is between -9.19% and 10.30%.

It is hard to tell whether the MonaCoin will increase or decrease in value on an average Saturday. The average change on a Saturday for the MonaCoin is -0.07%. However, the standard deviation on this weekday is 6.35%. This means that on most Saturdays, the change in value of the MonaCoin is between -6.42% and 6.29%.

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 1.06% 7.99% -6.93% to 9.05%
Monday 0.97% 9.41% -8.44% to 10.38%
Tuesday 0.98% 9.79% -8.81% to 10.78%
Wednesday 0.95% 12.55% -11.59% to 13.50%
Thursday 0.52% 11.01% -10.49% to 11.53%
Friday 0.56% 9.74% -9.19% to 10.30%
Saturday -0.07% 6.35% -6.42% to 6.29%