The performance of Dai regarding the price differs every day. To make the best decision to buy Dai, we are analysis in this article the performance of Dai on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on December 27th, 2017 to June 3rd, 2023.
In the barchart below, the weekdays and average performance of Dai are shown side by side.
According to the performance of Dai between December 27th, 2017 and June 3rd, 2023, Dai performed the best on Wednesdays. On average, the price of Dai increased 1.01% on Wednesday.
The weekday on which the Dai performed the worst, is Saturday. On Saturdays, the Dai declined in value on average by -0.14%.
Dai weekday performance
Dai increased in value on an average Sunday only slightly. The average increase in value of the Dai was 0.09%. Allthough the Dai closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (3.50%). This means that on 68 percent of the Sundays, the change in price of the Dai is expected to be in the range of -3.42% and 3.59%.
It is hard to tell whether the Dai will increase or decrease in value on an average Monday. The average change on a Monday for the Dai is -0.01%. However, the standard deviation on this weekday is 1.62%. This means that on most Mondays, the change in value of the Dai is between -1.63% and 1.61%.
It is hard to tell whether the Dai will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Dai is -0.12%. However, the standard deviation on this weekday is 2.80%. This means that on most Tuesdays, the change in value of the Dai is between -2.91% and 2.68%.
On an average Wednesday the Dai shows an increase in value of 1.01%. However, the change of Dai on most of the Wednesdays is between -20.55% and 22.56%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Dais.
Dai increased in value on an average Thursday only slightly. The average increase in value of the Dai was 0.05%. Allthough the Dai closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.68%). This means that on 68 percent of the Thursdays, the change in price of the Dai is expected to be in the range of -1.63% and 1.73%.
Dai increased in value on an average Friday only slightly. The average increase in value of the Dai was 0.09%. Allthough the Dai closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.73%). This means that on 68 percent of the Fridays, the change in price of the Dai is expected to be in the range of -1.64% and 1.81%.
It is hard to tell whether the Dai will increase or decrease in value on an average Saturday. The average change on a Saturday for the Dai is -0.14%. However, the standard deviation on this weekday is 2.12%. This means that on most Saturdays, the change in value of the Dai is between -2.26% and 1.98%.
Dai weekday performance details
Find below the details of the performance of Dai 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 | 0.09% | 3.50% | -3.42% to 3.59% |
| Monday | -0.01% | 1.62% | -1.63% to 1.61% |
| Tuesday | -0.12% | 2.80% | -2.91% to 2.68% |
| Wednesday | 1.01% | 21.56% | -20.55% to 22.56% |
| Thursday | 0.05% | 1.68% | -1.63% to 1.73% |
| Friday | 0.09% | 1.73% | -1.64% to 1.81% |
| Saturday | -0.14% | 2.12% | -2.26% to 1.98% |