Ethereum (ETH)

Current price: $ 216.99

24 hours price change: $ -12.93 (-5.62%)

Daily analysis of Ethereum (ETH) - 1 year

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 year, starting on July 16th, 2018 to July 14th, 2019.

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

Average daily change in price of Ethereum per weekday between 07/16/2018 and 07/14/2019.

According to the performance of Ethereum between July 16th, 2018 and July 14th, 2019, Ethereum performed the best on Fridays. On average, the price of Ethereum increased 1.27% on Friday.

The weekday on which the Ethereum performed the worst, is Thursday. On Thursdays, the Ethereum declined in value on average by -1.50%.

Ethereum weekday performance

Ethereum increased in value on an average Sunday only slightly. The average increase in value of the Ethereum was 0.12%. Allthough the Ethereum closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (4.81%). This means that on 68 percent of the Sundays, the change in price of the Ethereum is expected to be in the range of -4.69% and 4.93%.

On Mondays, the Ethereum decreases in value on average with -0.63%. On most of the Mondays the Ethereum decreases in value between -6.07% and 4.82%. The uncertainty (5.44%) is higher than the average decline percentage (-0.63%). Therefore, expected range of price changes of the Ethereum on Mondays is large.

Ethereum increased in value on an average Tuesday only slightly. The average increase in value of the Ethereum was 0.23%. Allthough the Ethereum closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (4.65%). This means that on 68 percent of the Tuesdays, the change in price of the Ethereum is expected to be in the range of -4.42% and 4.88%.

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 -0.18%. However, the standard deviation on this weekday is 5.18%. This means that on most Wednesdays, the change in value of the Ethereum is between -5.36% and 4.99%.

The Ethereum declines in value on an average Thursday with -1.50%. However, the uncertainty (or standard deviation) is quite large, namely 5.81%. This means that it is not possible to say whether on a regular Thursday the Ethereum will increase or decrease in value.

On an average Friday the Ethereum shows an increase in value of 1.27%. However, the change of Ethereum on most of the Fridays is between -3.50% and 6.04%. Therefore it is hard to tell whether an average Friday is a good day to start buying Ethereums.

On an average Saturday, the Ethereum increased 0.43%. However, since the expected deviation is 3.61%, the Ethereum will decline in value on a Saturday quiet regularly. The expected price change of the Ethereum on a Saturday is between -3.18% and 4.04%.

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.

WeekdayAverage change (%)Standard deviation (%)68% range
Sunday0.12%4.81%-4.69% to 4.93%
Monday-0.63%5.44%-6.07% to 4.82%
Tuesday0.23%4.65%-4.42% to 4.88%
Wednesday-0.18%5.18%-5.36% to 4.99%
Thursday-1.50%5.81%-7.31% to 4.31%
Friday1.27%4.77%-3.50% to 6.04%
Saturday0.43%3.61%-3.18% to 4.04%