The performance of TrueUSD regarding the price differs every day. To make the best decision to buy TrueUSD, we are analysis in this article the performance of TrueUSD on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on December 24th, 2020 to January 17th, 2021.
In the barchart below, the weekdays and average performance of TrueUSD are shown side by side.
Average daily change in price of TrueUSD per weekday between 12/24/2020 and 01/17/2021.
According to the performance of TrueUSD between December 24th, 2020 and January 17th, 2021, TrueUSD performed the best on Fridays. On average, the price of TrueUSD increased 0.36% on Friday.
The weekday on which the TrueUSD performed the worst, is Wednesday. On Wednesdays, the TrueUSD declined in value on average by -0.01%.
TrueUSD weekday performance
TrueUSD increased in value on an average Sunday only slightly. The average increase in value of the TrueUSD was 0.02%. Allthough the TrueUSD closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.04%). This means that on 68 percent of the Sundays, the change in price of the TrueUSD is expected to be in the range of -0.02% and 0.07%.
The TrueUSD will almost not change or only slightly increase in value on an average Monday. The average change of the TrueUSD on Mondays is 0.14%. The standard deviation of the TrueUSD is 0.06%, which means that in 68% of the Mondays, the range of the change of the TrueUSD is 0.08% and 0.20%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.
TrueUSD increased in value on an average Tuesday only slightly. The average increase in value of the TrueUSD was 0.00%. Allthough the TrueUSD closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.08%). This means that on 68 percent of the Tuesdays, the change in price of the TrueUSD is expected to be in the range of -0.08% and 0.08%.
It is hard to tell whether the TrueUSD will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the TrueUSD is -0.01%. However, the standard deviation on this weekday is 0.13%. This means that on most Wednesdays, the change in value of the TrueUSD is between -0.14% and 0.12%.
TrueUSD increased in value on an average Thursday only slightly. The average increase in value of the TrueUSD was 0.09%. Allthough the TrueUSD closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.11%). This means that on 68 percent of the Thursdays, the change in price of the TrueUSD is expected to be in the range of -0.02% and 0.20%.
On an average Friday, the TrueUSD increased 0.36%. However, since the expected deviation is 0.53%, the TrueUSD will decline in value on a Friday quiet regularly. The expected price change of the TrueUSD on a Friday is between -0.18% and 0.89%.
TrueUSD increased in value on an average Saturday only slightly. The average increase in value of the TrueUSD was 0.04%. Allthough the TrueUSD closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.12%). This means that on 68 percent of the Saturdays, the change in price of the TrueUSD is expected to be in the range of -0.08% and 0.16%.
TrueUSD weekday performance details
Find below the details of the performance of TrueUSD 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 | 0.02% | 0.04% | -0.02% to 0.07% |
| Monday | 0.14% | 0.06% | 0.08% to 0.20% |
| Tuesday | 0.00% | 0.08% | -0.08% to 0.08% |
| Wednesday | -0.01% | 0.13% | -0.14% to 0.12% |
| Thursday | 0.09% | 0.11% | -0.02% to 0.20% |
| Friday | 0.36% | 0.53% | -0.18% to 0.89% |
| Saturday | 0.04% | 0.12% | -0.08% to 0.16% |