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 June 3rd, 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 June 3rd, 2023, MonaCoin performed the best on Wednesdays. On average, the price of MonaCoin increased 0.62% on Wednesday.
The weekday on which the MonaCoin performed the worst, is Saturday. On Saturdays, the MonaCoin declined in value on average by 0.00%.
MonaCoin weekday performance
On an average Sunday, the MonaCoin increased 0.59%. However, since the expected deviation is 6.04%, the MonaCoin will decline in value on a Sunday quiet regularly. The expected price change of the MonaCoin on a Sunday is between -5.45% and 6.63%.
On an average Monday, the MonaCoin increased 0.54%. However, since the expected deviation is 7.12%, the MonaCoin will decline in value on a Monday quiet regularly. The expected price change of the MonaCoin on a Monday is between -6.58% and 7.66%.
On an average Tuesday, the MonaCoin increased 0.55%. However, since the expected deviation is 7.44%, the MonaCoin will decline in value on a Tuesday quiet regularly. The expected price change of the MonaCoin on a Tuesday is between -6.89% and 7.99%.
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 0.62%. However, the uncertainty of this increase is high. The expected change in value of the MonaCoin on a Wednesday is between -8.80% and 10.03% (see also the table below).
On an average Thursday, the MonaCoin increased 0.35%. However, since the expected deviation is 8.32%, the MonaCoin will decline in value on a Thursday quiet regularly. The expected price change of the MonaCoin on a Thursday is between -7.96% and 8.67%.
On an average Friday, the MonaCoin increased 0.30%. However, since the expected deviation is 7.36%, the MonaCoin will decline in value on a Friday quiet regularly. The expected price change of the MonaCoin on a Friday is between -7.06% and 7.66%.
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 0.00%. However, the standard deviation on this weekday is 4.86%. This means that on most Saturdays, the change in value of the MonaCoin is between -4.86% and 4.86%.
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 | 0.59% | 6.04% | -5.45% to 6.63% |
| Monday | 0.54% | 7.12% | -6.58% to 7.66% |
| Tuesday | 0.55% | 7.44% | -6.89% to 7.99% |
| Wednesday | 0.62% | 9.42% | -8.80% to 10.03% |
| Thursday | 0.35% | 8.32% | -7.96% to 8.67% |
| Friday | 0.30% | 7.36% | -7.06% to 7.66% |
| Saturday | 0.00% | 4.86% | -4.86% to 4.86% |