Ethereum (ETH)

Current price: $ 103.73

24 hours price change: $ 10.47 (11.23%)

Daily analysis of Ethereum (ETH) - 6 months

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 6 months, starting on June 19th, 2018 to December 17th, 2018.

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 06/19/2018 and 12/17/2018.

According to the performance of Ethereum between June 19th, 2018 and December 17th, 2018, Ethereum performed the best on Sundays. On average, the price of Ethereum increased 0.44% on Sunday.

The weekday on which the Ethereum performed the worst, is Monday. On Mondays, the Ethereum declined in value on average by -1.87%.

Ethereum weekday performance

On an average Sunday, the Ethereum increased 0.44%. However, since the expected deviation is 2.02%, the Ethereum will decline in value on a Sunday quiet regularly. The expected price change of the Ethereum on a Sunday is between -1.58% and 2.45%.

The Ethereum declines in value on an average Monday with -1.87%. However, the uncertainty (or standard deviation) is quite large, namely 6.03%. This means that it is not possible to say whether on a regular Monday the Ethereum will increase or decrease in value.

The Ethereum declines in value on an average Tuesday with -1.06%. However, the uncertainty (or standard deviation) is quite large, namely 4.58%. This means that it is not possible to say whether on a regular Tuesday the Ethereum will increase or decrease in value.

The Ethereum declines in value on an average Wednesday with -1.62%. However, the uncertainty (or standard deviation) is quite large, namely 5.60%. This means that it is not possible to say whether on a regular Wednesday the Ethereum will increase or decrease in value.

The Ethereum declines in value on an average Thursday with -1.08%. However, the uncertainty (or standard deviation) is quite large, namely 5.57%. This means that it is not possible to say whether on a regular Thursday the Ethereum will increase or decrease in value.

Allthough the Ethereum decreases in value with -0.33% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Ethereum on Fridays is 4.55%. This means that the expected change of the value of Ethereum is between -4.87% and 4.22% on 68 out of 100 Fridays.

It is hard to tell whether the Ethereum will increase or decrease in value on an average Saturday. The average change on a Saturday for the Ethereum is -0.18%. However, the standard deviation on this weekday is 3.81%. This means that on most Saturdays, the change in value of the Ethereum is between -3.99% and 3.64%.

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
Sunday0.44%2.02%-1.58% to 2.45%
Monday-1.87%6.03%-7.91% to 4.16%
Tuesday-1.06%4.58%-5.63% to 3.52%
Wednesday-1.62%5.60%-7.22% to 3.98%
Thursday-1.08%5.57%-6.66% to 4.49%
Friday-0.33%4.55%-4.87% to 4.22%
Saturday-0.18%3.81%-3.99% to 3.64%