Polkadot (DOT)

Current price: $ 5.29

24 hours price change: $ -0.13 (-2.38%)

Daily analysis of Polkadot (DOT) - 6 months

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 6 months, starting on June 10th, 2022 to December 10th, 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 06/10/2022 and 12/10/2022.

According to the performance of Polkadot between June 10th, 2022 and December 10th, 2022, Polkadot performed the best on Wednesdays. On average, the price of Polkadot increased 0.25% on Wednesday.

The weekday on which the Polkadot performed the worst, is Tuesday. On Tuesdays, the Polkadot declined in value on average by -0.27%.

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 -0.17%. However, the standard deviation on this weekday is 1.81%. This means that on most Sundays, the change in value of the Polkadot is between -1.99% and 1.64%.

Polkadot increased in value on an average Monday only slightly. The average increase in value of the Polkadot was 0.23%. 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 (1.44%). This means that on 68 percent of the Mondays, the change in price of the Polkadot is expected to be in the range of -1.20% and 1.67%.

It is hard to tell whether the Polkadot will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Polkadot is -0.27%. However, the standard deviation on this weekday is 1.19%. This means that on most Tuesdays, the change in value of the Polkadot is between -1.46% and 0.92%.

Polkadot increased in value on an average Wednesday only slightly. The average increase in value of the Polkadot was 0.25%. 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 (1.32%). This means that on 68 percent of the Wednesdays, the change in price of the Polkadot is expected to be in the range of -1.07% and 1.58%.

Polkadot increased in value on an average Thursday only slightly. The average increase in value of the Polkadot was 0.15%. 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 (1.51%). This means that on 68 percent of the Thursdays, the change in price of the Polkadot is expected to be in the range of -1.36% and 1.65%.

Polkadot increased in value on an average Friday only slightly. The average increase in value of the Polkadot was 0.13%. 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 (0.68%). This means that on 68 percent of the Fridays, the change in price of the Polkadot is expected to be in the range of -0.55% and 0.81%.

Polkadot increased in value on an average Saturday 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 (0.72%). This means that on 68 percent of the Saturdays, the change in price of the Polkadot is expected to be in the range of -0.62% and 0.83%.

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 -0.17% 1.81% -1.99% to 1.64%
Monday 0.23% 1.44% -1.20% to 1.67%
Tuesday -0.27% 1.19% -1.46% to 0.92%
Wednesday 0.25% 1.32% -1.07% to 1.58%
Thursday 0.15% 1.51% -1.36% to 1.65%
Friday 0.13% 0.68% -0.55% to 0.81%
Saturday 0.10% 0.72% -0.62% to 0.83%
 

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