USD Coin (USDC)

Current price: $ 1.00

24 hours price change: $ 0.009232 (0.93%)

Daily analysis of USD Coin (USDC) - 1 month

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 1 month, starting on August 23rd, 2019 to September 22nd, 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 08/23/2019 and 09/22/2019.

According to the performance of USD Coin between August 23rd, 2019 and September 22nd, 2019,  USD Coin performed the best on Sundays. On average, the price of  USD Coin increased 0.10% on Sunday.

The weekday on which the USD Coin performed the worst, is Tuesday. On Tuesdays, the USD Coin declined in value on average by -0.03%.

USD Coin weekday performance

The USD Coin will almost not change or only slightly increase in value on an average Sunday. The average change of the USD Coin on Sundays is 0.10%. The standard deviation of the USD Coin is 0.09%, which means that in 68% of the Sundays, the range of the change of the USD Coin is 0.01% and 0.19%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.

USD Coin increased in value on an average Monday only slightly. The average increase in value of the USD Coin was 0.05%. Allthough the USD Coin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.05%). This means that on 68 percent of the Mondays, the change in price of the USD Coin is expected to be in the range of 0.00% and 0.10%.

It is hard to tell whether the USD Coin will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the USD Coin is -0.03%. However, the standard deviation on this weekday is 0.05%. This means that on most Tuesdays, the change in value of the USD Coin is between -0.08% and 0.02%.

USD Coin increased in value on an average Wednesday only slightly. The average increase in value of the USD Coin was 0.03%. Allthough the USD Coin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.13%). This means that on 68 percent of the Wednesdays, the change in price of the USD Coin is expected to be in the range of -0.10% and 0.16%.

USD Coin increased in value on an average Thursday only slightly. The average increase in value of the USD Coin was 0.02%. Allthough the USD Coin 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 Thursdays, the change in price of the USD Coin is expected to be in the range of -0.02% and 0.07%.

USD Coin increased in value on an average Friday only slightly. The average increase in value of the USD Coin was 0.06%. Allthough the USD Coin 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 Fridays, the change in price of the USD Coin is expected to be in the range of -0.02% and 0.14%.

It is hard to tell whether the USD Coin will increase or decrease in value on an average Saturday. The average change on a Saturday for the USD Coin is 0.00%. However, the standard deviation on this weekday is 0.28%. This means that on most Saturdays, the change in value of the USD Coin is between -0.29% and 0.28%.

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 0.10% 0.09% 0.01% to 0.19%
Monday 0.05% 0.05% 0.00% to 0.10%
Tuesday -0.03% 0.05% -0.08% to 0.02%
Wednesday 0.03% 0.13% -0.10% to 0.16%
Thursday 0.02% 0.04% -0.02% to 0.07%
Friday 0.06% 0.08% -0.02% to 0.14%
Saturday 0.00% 0.28% -0.29% to 0.28%