USD Coin (USDC)

Current price: $ 1.00

24 hours price change: $ -0.01 (-1.14%)

Daily analysis of USD Coin (USDC) - 1 year

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 year, starting on December 6th, 2018 to December 5th, 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 12/06/2018 and 12/05/2019.

According to the performance of USD Coin between December 6th, 2018 and December 5th, 2019,  USD Coin performed the best on Thursdays. On average, the price of  USD Coin increased 0.78% 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 -0.55%.

USD Coin weekday performance

On an average Sunday, the USD Coin increased 0.32%. However, since the expected deviation is 3.56%, the USD Coin will decline in value on a Sunday quiet regularly. The expected price change of the USD Coin on a Sunday is between -3.24% and 3.88%.

Historical performance on Monday 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 Monday with 0.69%. However, the uncertainty of this increase is high. The expected change in value of the USD Coin on a Monday is between -3.01% and 4.39% (see also the table below).

On an average Tuesday, the USD Coin increased 0.47%. However, since the expected deviation is 2.79%, 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 -2.32% and 3.26%.

Allthough the USD Coin decreases in value with -0.55% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of USD Coin on Wednesdays is 4.10%. This means that the expected change of the value of USD Coin is between -4.65% and 3.55% on 68 out of 100 Wednesdays.

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 0.78%. However, the uncertainty of this increase is high. The expected change in value of the USD Coin on a Thursday is between -3.11% and 4.68% (see also the table below).

On an average Friday, the USD Coin increased 0.54%. However, since the expected deviation is 2.45%, 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 -1.91% and 2.99%.

USD Coin increased in value on an average Saturday only slightly. The average increase in value of the USD Coin was 0.20%. 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 (4.08%). This means that on 68 percent of the Saturdays, the change in price of the USD Coin is expected to be in the range of -3.89% and 4.28%.

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 0.32% 3.56% -3.24% to 3.88%
Monday 0.69% 3.70% -3.01% to 4.39%
Tuesday 0.47% 2.79% -2.32% to 3.26%
Wednesday -0.55% 4.10% -4.65% to 3.55%
Thursday 0.78% 3.89% -3.11% to 4.68%
Friday 0.54% 2.45% -1.91% to 2.99%
Saturday 0.20% 4.08% -3.89% to 4.28%