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 6 months, starting on January 29th, 2021 to July 29th, 2021.
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 01/29/2021 and 07/29/2021.
According to the performance of MonaCoin between January 29th, 2021 and July 29th, 2021, MonaCoin performed the best on Mondays. On average, the price of MonaCoin increased 0.83% on Monday.
The weekday on which the MonaCoin performed the worst, is Friday. On Fridays, the MonaCoin declined in value on average by -0.76%.
MonaCoin weekday performance
It is hard to tell whether the MonaCoin will increase or decrease in value on an average Sunday. The average change on a Sunday for the MonaCoin is -0.02%. However, the standard deviation on this weekday is 1.71%. This means that on most Sundays, the change in value of the MonaCoin is between -1.73% and 1.68%.
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 0.83%. However, the uncertainty of this increase is high. The expected change in value of the MonaCoin on a Monday is between -2.57% and 4.23% (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 0.71%. However, the uncertainty of this increase is high. The expected change in value of the MonaCoin on a Tuesday is between -1.57% and 2.98% (see also the table below).
On an average Wednesday, the MonaCoin increased 0.32%. However, since the expected deviation is 2.58%, the MonaCoin will decline in value on a Wednesday quiet regularly. The expected price change of the MonaCoin on a Wednesday is between -2.26% and 2.90%.
On an average Thursday, the MonaCoin increased 0.31%. However, since the expected deviation is 2.94%, the MonaCoin will decline in value on a Thursday quiet regularly. The expected price change of the MonaCoin on a Thursday is between -2.64% and 3.25%.
On Fridays, the MonaCoin decreases in value on average with -0.76%. On most of the Fridays the MonaCoin decreases in value between -4.58% and 3.07%. The uncertainty (3.82%) is higher than the average decline percentage (-0.76%). Therefore, expected range of price changes of the MonaCoin on Fridays is large.
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 -0.23%. However, the standard deviation on this weekday is 2.61%. This means that on most Saturdays, the change in value of the MonaCoin is between -2.84% and 2.38%.
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 | -0.02% | 1.71% | -1.73% to 1.68% |
| Monday | 0.83% | 3.40% | -2.57% to 4.23% |
| Tuesday | 0.71% | 2.28% | -1.57% to 2.98% |
| Wednesday | 0.32% | 2.58% | -2.26% to 2.90% |
| Thursday | 0.31% | 2.94% | -2.64% to 3.25% |
| Friday | -0.76% | 3.82% | -4.58% to 3.07% |
| Saturday | -0.23% | 2.61% | -2.84% to 2.38% |