MonaCoin (MONA)

Current price: $ 1.11

24 hours price change: $ -0.05 (-3.92%)

Daily analysis of MonaCoin (MONA) - 1 month

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 1 month, starting on August 22nd, 2019 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 08/22/2019 and 09/21/2019.

According to the performance of MonaCoin between August 22nd, 2019 and September 21st, 2019, MonaCoin performed the best on Thursdays. On average, the price of MonaCoin increased 0.30% on Thursday.

The weekday on which the MonaCoin performed the worst, is Tuesday. On Tuesdays, the MonaCoin declined in value on average by -1.92%.

MonaCoin weekday performance

MonaCoin increased in value on an average Sunday only slightly. The average increase in value of the MonaCoin was 0.03%. 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 (1.72%). This means that on 68 percent of the Sundays, the change in price of the MonaCoin is expected to be in the range of -1.69% and 1.74%.

The MonaCoin declines in value on an average Monday with -1.55%. However, the uncertainty (or standard deviation) is quite large, namely 1.65%. This means that it is not possible to say whether on a regular Monday the MonaCoin will increase or decrease in value.

The MonaCoin declines in value on an average Tuesday with -1.92%. However, the uncertainty (or standard deviation) is quite large, namely 1.82%. This means that it is not possible to say whether on a regular Tuesday the MonaCoin will increase or decrease in value.

The MonaCoin declines in value on an average Wednesday with -1.03%. However, the uncertainty (or standard deviation) is quite large, namely 4.41%. This means that it is not possible to say whether on a regular Wednesday the MonaCoin will increase or decrease in value.

On an average Thursday, the MonaCoin increased 0.30%. However, since the expected deviation is 3.45%, the MonaCoin will decline in value on a Thursday quiet regularly. The expected price change of the MonaCoin on a Thursday is between -3.15% and 3.76%.

The MonaCoin declines in value on an average Friday with -1.06%. However, the uncertainty (or standard deviation) is quite large, namely 1.74%. This means that it is not possible to say whether on a regular Friday the MonaCoin will increase or decrease in value.

On an average Saturday, the MonaCoin increased 0.30%. However, since the expected deviation is 0.76%, the MonaCoin will decline in value on a Saturday quiet regularly. The expected price change of the MonaCoin on a Saturday is between -0.46% and 1.07%.

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 0.03% 1.72% -1.69% to 1.74%
Monday -1.55% 1.65% -3.20% to 0.10%
Tuesday -1.92% 1.82% -3.74% to -0.10%
Wednesday -1.03% 4.41% -5.43% to 3.38%
Thursday 0.30% 3.45% -3.15% to 3.76%
Friday -1.06% 1.74% -2.80% to 0.68%
Saturday 0.30% 0.76% -0.46% to 1.07%