Ethereum (ETH)

Current price: $ 248.34

24 hours price change: $ 14.13 (6.03%)

Daily analysis of Ethereum (ETH) - 2 years

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 2 years, starting on May 24th, 2017 to May 22nd, 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 05/24/2017 and 05/22/2019.

According to the performance of Ethereum between May 24th, 2017 and May 22nd, 2019, Ethereum performed the best on Tuesdays. On average, the price of Ethereum increased 0.92% on Tuesday.

The weekday on which the Ethereum performed the worst, is Thursday. On Thursdays, the Ethereum declined in value on average by -0.56%.

Ethereum weekday performance

Ethereum increased in value on an average Sunday only slightly. The average increase in value of the Ethereum was 0.17%. 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 (4.74%). This means that on 68 percent of the Sundays, the change in price of the Ethereum is expected to be in the range of -4.57% and 4.92%.

Ethereum increased in value on an average Monday only slightly. The average increase in value of the Ethereum was 0.05%. 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 (6.38%). This means that on 68 percent of the Mondays, the change in price of the Ethereum is expected to be in the range of -6.33% and 6.43%.

Historical performance on Tuesday 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 Tuesday with 0.92%. However, the uncertainty of this increase is high. The expected change in value of the Ethereum on a Tuesday is between -5.63% and 7.47% (see also the table below).

Allthough the Ethereum decreases in value with -0.30% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Ethereum on Wednesdays is 5.89%. This means that the expected change of the value of Ethereum is between -6.20% and 5.59% on 68 out of 100 Wednesdays.

Allthough the Ethereum decreases in value with -0.56% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Ethereum on Thursdays is 5.97%. This means that the expected change of the value of Ethereum is between -6.53% and 5.42% on 68 out of 100 Thursdays.

On an average Friday, the Ethereum increased 0.52%. However, since the expected deviation is 5.57%, the Ethereum will decline in value on a Friday quiet regularly. The expected price change of the Ethereum on a Friday is between -5.05% and 6.10%.

Historical performance on Saturday 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 Saturday with 0.75%. However, the uncertainty of this increase is high. The expected change in value of the Ethereum on a Saturday is between -4.05% and 5.54% (see also the table below).

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
Sunday0.17%4.74%-4.57% to 4.92%
Monday0.05%6.38%-6.33% to 6.43%
Tuesday0.92%6.55%-5.63% to 7.47%
Wednesday-0.30%5.89%-6.20% to 5.59%
Thursday-0.56%5.97%-6.53% to 5.42%
Friday0.52%5.57%-5.05% to 6.10%
Saturday0.75%4.80%-4.05% to 5.54%