The performance of Tether regarding the price differs every day. To make the best decision to buy Tether, we are analysis in this article the performance of Tether on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on January 8th, 2015 to March 23rd, 2023.
In the barchart below, the weekdays and average performance of Tether are shown side by side.
According to the performance of Tether between January 8th, 2015 and March 23rd, 2023, Tether performed the best on Sundays. On average, the price of Tether increased 212.01% on Sunday.
The weekday on which the Tether performed the worst, is Tuesday. On Tuesdays, the Tether declined in value on average by -0.39%.
Tether weekday performance
The increase in value of the Tether is 212.01% on an average Sunday. However, the uncertainty on the average change is high for the Tether on Sundays. This is the reason why an expected increase of the Tether on an average Sunday cannot be predicted. The standard deviation for Tether on Sundays is high, namely 4,380.34%. This means that the expected range of value change for the Tether is -4,168.33% and 4,592.35% on 68% of the Sundays.
It is hard to tell whether the Tether will increase or decrease in value on an average Monday. The average change on a Monday for the Tether is -0.16%. However, the standard deviation on this weekday is 2.91%. This means that on most Mondays, the change in value of the Tether is between -3.08% and 2.75%.
Allthough the Tether decreases in value with -0.39% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Tether on Tuesdays is 5.82%. This means that the expected change of the value of Tether is between -6.21% and 5.43% on 68 out of 100 Tuesdays.
It is hard to tell whether the Tether will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Tether is -0.23%. However, the standard deviation on this weekday is 4.68%. This means that on most Wednesdays, the change in value of the Tether is between -4.92% and 4.45%.
Tether increased in value on an average Thursday only slightly. The average increase in value of the Tether was 0.03%. Allthough the Tether closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.11%). This means that on 68 percent of the Thursdays, the change in price of the Tether is expected to be in the range of -1.08% and 1.14%.
Tether increased in value on an average Friday only slightly. The average increase in value of the Tether was 0.02%. Allthough the Tether closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.53%). This means that on 68 percent of the Fridays, the change in price of the Tether is expected to be in the range of -1.51% and 1.56%.
Tether increased in value on an average Saturday only slightly. The average increase in value of the Tether was 0.23%. Allthough the Tether closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (5.45%). This means that on 68 percent of the Saturdays, the change in price of the Tether is expected to be in the range of -5.22% and 5.68%.
Tether weekday performance details
Find below the details of the performance of Tether 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 | 212.01% | 4,380.34% | -4,168.33% to 4,592.35% |
| Monday | -0.16% | 2.91% | -3.08% to 2.75% |
| Tuesday | -0.39% | 5.82% | -6.21% to 5.43% |
| Wednesday | -0.23% | 4.68% | -4.92% to 4.45% |
| Thursday | 0.03% | 1.11% | -1.08% to 1.14% |
| Friday | 0.02% | 1.53% | -1.51% to 1.56% |
| Saturday | 0.23% | 5.45% | -5.22% to 5.68% |