USD Coin (USDC)

Current price: $ 1.00

24 hours price change: - (-)

Daily analysis of USD Coin (USDC) - 6 months

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 6 months, starting on March 24th, 2019 to September 23rd, 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 03/24/2019 and 09/23/2019.

According to the performance of USD Coin between March 24th, 2019 and September 23rd, 2019,  USD Coin performed the best on Mondays. On average, the price of  USD Coin increased 1.12% on Monday.

The weekday on which the USD Coin performed the worst, is Wednesday. On Wednesdays, the USD Coin declined in value on average by 0.00%.

USD Coin weekday performance

USD Coin increased in value on an average Sunday only slightly. The average increase in value of the USD Coin was 0.18%. 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 (1.87%). This means that on 68 percent of the Sundays, the change in price of the USD Coin is expected to be in the range of -1.70% and 2.05%.

On an average Monday the USD Coin shows an increase in value of 1.12%. However, the change of USD Coin on most of the Mondays is between -2.83% and 5.06%. Therefore it is hard to tell whether an average Monday is a good day to start buying USD Coins.

On an average Tuesday, the USD Coin increased 0.34%. However, since the expected deviation is 3.24%, 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 -2.90% and 3.58%.

It is hard to tell whether the USD Coin will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the USD Coin is 0.00%. However, the standard deviation on this weekday is 2.79%. This means that on most Wednesdays, the change in value of the USD Coin is between -2.80% and 2.79%.

USD Coin increased in value on an average Thursday only slightly. The average increase in value of the USD Coin was 0.28%. 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 (2.18%). 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 -1.90% and 2.47%.

USD Coin increased in value on an average Friday only slightly. The average increase in value of the USD Coin was 0.17%. 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 (2.44%). 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 -2.27% and 2.60%.

Historical performance on Saturday 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 Saturday with 0.81%. However, the uncertainty of this increase is high. The expected change in value of the USD Coin on a Saturday is between -2.01% and 3.64% (see also the table below).

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 0.18% 1.87% -1.70% to 2.05%
Monday 1.12% 3.94% -2.83% to 5.06%
Tuesday 0.34% 3.24% -2.90% to 3.58%
Wednesday 0.00% 2.79% -2.80% to 2.79%
Thursday 0.28% 2.18% -1.90% to 2.47%
Friday 0.17% 2.44% -2.27% to 2.60%
Saturday 0.81% 2.82% -2.01% to 3.64%