USD Coin (USDC)

Current price: $ 1.00

24 hours price change: $ 0.000999 (0.10%)

Daily analysis of USD Coin (USDC) - all

The performance of USD Coin regarding the price differs every day. To make the best decision to buy USD Coin, we are analysis in this article the performance of USD Coin on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on October 10th, 2018 to September 21st, 2019.

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

Average daily change in price of USD Coin per weekday between 10/10/2018 and 09/21/2019.

According to the performance of USD Coin between October 10th, 2018 and September 21st, 2019,  USD Coin performed the best on Thursdays. On average, the price of  USD Coin increased 0.74% on Thursday.

The weekday on which the USD Coin performed the worst, is Wednesday. On Wednesdays, the USD Coin declined in value on average by -1.49%.

USD Coin weekday performance

It is hard to tell whether the USD Coin will increase or decrease in value on an average Sunday. The average change on a Sunday for the USD Coin is -0.16%. However, the standard deviation on this weekday is 4.75%. This means that on most Sundays, the change in value of the USD Coin is between -4.91% and 4.59%.

On an average Monday, the USD Coin increased 0.58%. However, since the expected deviation is 4.23%, the USD Coin will decline in value on a Monday quiet regularly. The expected price change of the USD Coin on a Monday is between -3.65% and 4.81%.

On an average Tuesday, the USD Coin increased 0.37%. However, since the expected deviation is 3.90%, the USD Coin will decline in value on a Tuesday quiet regularly. The expected price change of the USD Coin on a Tuesday is between -3.53% and 4.27%.

The USD Coin declines in value on an average Wednesday with -1.49%. However, the uncertainty (or standard deviation) is quite large, namely 4.98%. This means that it is not possible to say whether on a regular Wednesday the USD Coin will increase or decrease in value.

Historical performance on Thursday do not show an increase in value of the USD Coin on which a prediction can be made. The USD Coin increased in value on average on an average Thursday with 0.74%. However, the uncertainty of this increase is high. The expected change in value of the USD Coin on a Thursday is between -3.40% and 4.87% (see also the table below).

On an average Friday, the USD Coin increased 0.51%. However, since the expected deviation is 2.86%, the USD Coin will decline in value on a Friday quiet regularly. The expected price change of the USD Coin on a Friday is between -2.34% and 3.37%.

On an average Saturday, the USD Coin increased 0.35%. However, since the expected deviation is 4.28%, the USD Coin will decline in value on a Saturday quiet regularly. The expected price change of the USD Coin on a Saturday is between -3.93% and 4.63%.

USD Coin weekday performance details

Find below the details of the performance of USD Coin 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 -0.16% 4.75% -4.91% to 4.59%
Monday 0.58% 4.23% -3.65% to 4.81%
Tuesday 0.37% 3.90% -3.53% to 4.27%
Wednesday -1.49% 4.98% -6.47% to 3.49%
Thursday 0.74% 4.13% -3.40% to 4.87%
Friday 0.51% 2.86% -2.34% to 3.37%
Saturday 0.35% 4.28% -3.93% to 4.63%