Polkadot (DOT)

Current price: $ 5.44

24 hours price change: $ -0.03 (-0.57%)

Daily analysis of Polkadot (DOT) - all

The performance of Polkadot regarding the price differs every day. To make the best decision to buy Polkadot, we are analysis in this article the performance of Polkadot on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on August 18th, 2020 to November 30th, 2022.

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

Average daily change in price of Polkadot per weekday between 08/18/2020 and 11/30/2022.

According to the performance of Polkadot between August 18th, 2020 and November 30th, 2022, Polkadot performed the best on Wednesdays. On average, the price of Polkadot increased 0.94% on Wednesday.

The weekday on which the Polkadot performed the worst, is Sunday. On Sundays, the Polkadot declined in value on average by -0.04%.

Polkadot weekday performance

It is hard to tell whether the Polkadot will increase or decrease in value on an average Sunday. The average change on a Sunday for the Polkadot is -0.04%. However, the standard deviation on this weekday is 3.74%. This means that on most Sundays, the change in value of the Polkadot is between -3.78% and 3.70%.

On an average Monday, the Polkadot increased 0.42%. However, since the expected deviation is 6.38%, the Polkadot will decline in value on a Monday quiet regularly. The expected price change of the Polkadot on a Monday is between -5.96% and 6.80%.

On an average Tuesday, the Polkadot increased 0.52%. However, since the expected deviation is 6.30%, the Polkadot will decline in value on a Tuesday quiet regularly. The expected price change of the Polkadot on a Tuesday is between -5.78% and 6.82%.

Historical performance on Wednesday do not show an increase in value of the Polkadot on which a prediction can be made. The Polkadot increased in value on average on an average Wednesday with 0.94%. However, the uncertainty of this increase is high. The expected change in value of the Polkadot on a Wednesday is between -5.70% and 7.57% (see also the table below).

On an average Thursday, the Polkadot increased 0.45%. However, since the expected deviation is 5.73%, the Polkadot will decline in value on a Thursday quiet regularly. The expected price change of the Polkadot on a Thursday is between -5.28% and 6.18%.

On an average Friday, the Polkadot increased 0.31%. However, since the expected deviation is 5.11%, the Polkadot will decline in value on a Friday quiet regularly. The expected price change of the Polkadot on a Friday is between -4.80% and 5.41%.

Historical performance on Saturday do not show an increase in value of the Polkadot on which a prediction can be made. The Polkadot increased in value on average on an average Saturday with 0.79%. However, the uncertainty of this increase is high. The expected change in value of the Polkadot on a Saturday is between -6.52% and 8.09% (see also the table below).

Polkadot weekday performance details

Find below the details of the performance of Polkadot 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 -0.04% 3.74% -3.78% to 3.70%
Monday 0.42% 6.38% -5.96% to 6.80%
Tuesday 0.52% 6.30% -5.78% to 6.82%
Wednesday 0.94% 6.63% -5.70% to 7.57%
Thursday 0.45% 5.73% -5.28% to 6.18%
Friday 0.31% 5.11% -4.80% to 5.41%
Saturday 0.79% 7.31% -6.52% to 8.09%
 

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