Cardano (ADA)

Current price: $ 1.22

24 hours price change: $ 0.04 (3.67%)

Daily analysis of Cardano (ADA) - 3 months

The performance of Cardano regarding the price differs every day. To make the best decision to buy Cardano, we are analysis in this article the performance of Cardano on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 3 months, starting on April 24th, 2021 to July 24th, 2021.

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

Average daily change in price of Cardano per weekday between 04/24/2021 and 07/24/2021.

According to the performance of Cardano between April 24th, 2021 and July 24th, 2021, Cardano performed the best on Thursdays. On average, the price of Cardano increased 0.88% on Thursday.

The weekday on which the Cardano performed the worst, is Friday. On Fridays, the Cardano declined in value on average by -0.45%.

Cardano weekday performance

Historical performance on Sunday do not show an increase in value of the Cardano on which a prediction can be made. The Cardano increased in value on average on an average Sunday with 0.84%. However, the uncertainty of this increase is high. The expected change in value of the Cardano on a Sunday is between -1.80% and 3.49% (see also the table below).

It is hard to tell whether the Cardano will increase or decrease in value on an average Monday. The average change on a Monday for the Cardano is -0.28%. However, the standard deviation on this weekday is 2.17%. This means that on most Mondays, the change in value of the Cardano is between -2.45% and 1.89%.

Historical performance on Tuesday do not show an increase in value of the Cardano on which a prediction can be made. The Cardano increased in value on average on an average Tuesday with 0.76%. However, the uncertainty of this increase is high. The expected change in value of the Cardano on a Tuesday is between -1.06% and 2.58% (see also the table below).

Historical performance on Wednesday do not show an increase in value of the Cardano on which a prediction can be made. The Cardano increased in value on average on an average Wednesday with 0.71%. However, the uncertainty of this increase is high. The expected change in value of the Cardano on a Wednesday is between -2.01% and 3.44% (see also the table below).

Historical performance on Thursday do not show an increase in value of the Cardano on which a prediction can be made. The Cardano increased in value on average on an average Thursday with 0.88%. However, the uncertainty of this increase is high. The expected change in value of the Cardano on a Thursday is between -3.71% and 5.46% (see also the table below).

Allthough the Cardano decreases in value with -0.45% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Cardano on Fridays is 2.47%. This means that the expected change of the value of Cardano is between -2.92% and 2.02% on 68 out of 100 Fridays.

It is hard to tell whether the Cardano will increase or decrease in value on an average Saturday. The average change on a Saturday for the Cardano is -0.26%. However, the standard deviation on this weekday is 1.05%. This means that on most Saturdays, the change in value of the Cardano is between -1.31% and 0.80%.

Cardano weekday performance details

Find below the details of the performance of Cardano 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 0.84% 2.64% -1.80% to 3.49%
Monday -0.28% 2.17% -2.45% to 1.89%
Tuesday 0.76% 1.82% -1.06% to 2.58%
Wednesday 0.71% 2.72% -2.01% to 3.44%
Thursday 0.88% 4.59% -3.71% to 5.46%
Friday -0.45% 2.47% -2.92% to 2.02%
Saturday -0.26% 1.05% -1.31% to 0.80%
 

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