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 December 3rd, 2022 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 December 3rd, 2022 and June 3rd, 2023, MonaCoin performed the best on Mondays. On average, the price of MonaCoin increased 0.46% on Monday.
The weekday on which the MonaCoin performed the worst, is Friday. On Fridays, the MonaCoin declined in value on average by -0.13%.
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 -0.07%. However, the standard deviation on this weekday is 0.72%. This means that on most Sundays, the change in value of the MonaCoin is between -0.79% and 0.64%.
On an average Monday, the MonaCoin increased 0.46%. However, since the expected deviation is 1.37%, the MonaCoin will decline in value on a Monday quiet regularly. The expected price change of the MonaCoin on a Monday is between -0.91% and 1.83%.
MonaCoin increased in value on an average Tuesday only slightly. The average increase in value of the MonaCoin was 0.27%. 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 (1.03%). This means that on 68 percent of the Tuesdays, the change in price of the MonaCoin is expected to be in the range of -0.76% and 1.30%.
MonaCoin increased in value on an average Wednesday only slightly. The average increase in value of the MonaCoin was 0.21%. 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 (0.93%). This means that on 68 percent of the Wednesdays, the change in price of the MonaCoin is expected to be in the range of -0.72% and 1.14%.
On an average Thursday, the MonaCoin increased 0.34%. However, since the expected deviation is 0.82%, the MonaCoin will decline in value on a Thursday quiet regularly. The expected price change of the MonaCoin on a Thursday is between -0.49% and 1.16%.
It is hard to tell whether the MonaCoin will increase or decrease in value on an average Friday. The average change on a Friday for the MonaCoin is -0.13%. However, the standard deviation on this weekday is 0.58%. This means that on most Fridays, the change in value of the MonaCoin is between -0.72% and 0.45%.
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 -0.12%. However, the standard deviation on this weekday is 0.83%. This means that on most Saturdays, the change in value of the MonaCoin is between -0.95% and 0.72%.
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 | -0.07% | 0.72% | -0.79% to 0.64% |
| Monday | 0.46% | 1.37% | -0.91% to 1.83% |
| Tuesday | 0.27% | 1.03% | -0.76% to 1.30% |
| Wednesday | 0.21% | 0.93% | -0.72% to 1.14% |
| Thursday | 0.34% | 0.82% | -0.49% to 1.16% |
| Friday | -0.13% | 0.58% | -0.72% to 0.45% |
| Saturday | -0.12% | 0.83% | -0.95% to 0.72% |