The performance of Ethereum regarding the price differs every day. To make the best decision to buy Ethereum, we are analysis in this article the performance of Ethereum on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on September 2nd, 2023 to October 2nd, 2023.
In the barchart below, the weekdays and average performance of Ethereum are shown side by side.
According to the performance of Ethereum between September 2nd, 2023 and October 2nd, 2023, Ethereum performed the best on Thursdays. On average, the price of Ethereum increased 0.93% on Thursday.
The weekday on which the Ethereum performed the worst, is Monday. On Mondays, the Ethereum declined in value on average by -0.15%.
Ethereum weekday performance
It is hard to tell whether the Ethereum will increase or decrease in value on an average Sunday. The average change on a Sunday for the Ethereum is -0.05%. However, the standard deviation on this weekday is 0.08%. This means that on most Sundays, the change in value of the Ethereum is between -0.13% and 0.03%.
It is hard to tell whether the Ethereum will increase or decrease in value on an average Monday. The average change on a Monday for the Ethereum is -0.15%. However, the standard deviation on this weekday is 0.28%. This means that on most Mondays, the change in value of the Ethereum is between -0.44% and 0.13%.
It is hard to tell whether the Ethereum will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Ethereum is -0.13%. However, the standard deviation on this weekday is 0.18%. This means that on most Tuesdays, the change in value of the Ethereum is between -0.31% and 0.05%.
It is hard to tell whether the Ethereum will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Ethereum is -0.01%. However, the standard deviation on this weekday is 0.02%. This means that on most Wednesdays, the change in value of the Ethereum is between -0.03% and 0.01%.
Historical performance on Thursday do not show an increase in value of the Ethereum on which a prediction can be made. The Ethereum increased in value on average on an average Thursday with 0.93%. However, the uncertainty of this increase is high. The expected change in value of the Ethereum on a Thursday is between -0.54% and 2.39% (see also the table below).
On an average Friday, the Ethereum increased 0.34%. However, since the expected deviation is 0.36%, the Ethereum will decline in value on a Friday quiet regularly. The expected price change of the Ethereum on a Friday is between -0.03% and 0.70%.
The Ethereum will almost not change or only slightly increase in value on an average Saturday. The average change of the Ethereum on Saturdays is 0.11%. The standard deviation of the Ethereum is 0.09%, which means that in 68% of the Saturdays, the range of the change of the Ethereum is 0.02% and 0.20%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.
Ethereum weekday performance details
Find below the details of the performance of Ethereum 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 | -0.05% | 0.08% | -0.13% to 0.03% |
| Monday | -0.15% | 0.28% | -0.44% to 0.13% |
| Tuesday | -0.13% | 0.18% | -0.31% to 0.05% |
| Wednesday | -0.01% | 0.02% | -0.03% to 0.01% |
| Thursday | 0.93% | 1.47% | -0.54% to 2.39% |
| Friday | 0.34% | 0.36% | -0.03% to 0.70% |
| Saturday | 0.11% | 0.09% | 0.02% to 0.20% |