Polkadot (DOT)

Current price: $ 5.47

24 hours price change: $ 0.06 (1.06%)

Daily analysis of Polkadot (DOT) - 1 year

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 1 year, starting on December 1st, 2022 to December 1st, 2023.

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 12/01/2022 and 12/01/2023.

According to the performance of Polkadot between December 1st, 2022 and December 1st, 2023, Polkadot performed the best on Tuesdays. On average, the price of Polkadot increased 0.20% on Tuesday.

The weekday on which the Polkadot performed the worst, is Wednesday. On Wednesdays, the Polkadot rose in value on average by 0.02%. The price still increased on Wednesdays, allthough it was the smallest increase of all days on average.

Polkadot weekday performance

Polkadot increased in value on an average Sunday only slightly. The average increase in value of the Polkadot was 0.10%. Allthough the Polkadot 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 Sundays, the change in price of the Polkadot is expected to be in the range of -0.83% and 1.03%.

Polkadot increased in value on an average Monday only slightly. The average increase in value of the Polkadot was 0.14%. Allthough the Polkadot closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.02%). This means that on 68 percent of the Mondays, the change in price of the Polkadot is expected to be in the range of -0.88% and 1.16%.

Polkadot increased in value on an average Tuesday only slightly. The average increase in value of the Polkadot was 0.20%. Allthough the Polkadot closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.09%). This means that on 68 percent of the Tuesdays, the change in price of the Polkadot is expected to be in the range of -0.89% and 1.29%.

Polkadot increased in value on an average Wednesday only slightly. The average increase in value of the Polkadot was 0.02%. Allthough the Polkadot closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.52%). This means that on 68 percent of the Wednesdays, the change in price of the Polkadot is expected to be in the range of -0.51% and 0.54%.

Polkadot increased in value on an average Thursday only slightly. The average increase in value of the Polkadot was 0.07%. Allthough the Polkadot closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.61%). This means that on 68 percent of the Thursdays, the change in price of the Polkadot is expected to be in the range of -0.54% and 0.68%.

Polkadot increased in value on an average Friday only slightly. The average increase in value of the Polkadot was 0.17%. Allthough the Polkadot closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.94%). This means that on 68 percent of the Fridays, the change in price of the Polkadot is expected to be in the range of -1.77% and 2.10%.

Polkadot increased in value on an average Saturday only slightly. The average increase in value of the Polkadot was 0.04%. Allthough the Polkadot closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.48%). This means that on 68 percent of the Saturdays, the change in price of the Polkadot is expected to be in the range of -0.44% and 0.52%.

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 0.10% 0.93% -0.83% to 1.03%
Monday 0.14% 1.02% -0.88% to 1.16%
Tuesday 0.20% 1.09% -0.89% to 1.29%
Wednesday 0.02% 0.52% -0.51% to 0.54%
Thursday 0.07% 0.61% -0.54% to 0.68%
Friday 0.17% 1.94% -1.77% to 2.10%
Saturday 0.04% 0.48% -0.44% to 0.52%
 

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