The performance of Dash regarding the price differs every day. To make the best decision to buy Dash, we are analysis in this article the performance of Dash on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 3 months, starting on October 24th, 2021 to January 24th, 2022.
In the barchart below, the weekdays and average performance of Dash are shown side by side.
According to the performance of Dash between October 24th, 2021 and January 24th, 2022, Dash performed the best on Fridays. On average, the price of Dash increased 1.25% on Friday.
The weekday on which the Dash performed the worst, is Tuesday. On Tuesdays, the Dash declined in value on average by -1.05%.
Dash weekday performance
On an average Sunday, the Dash increased 0.38%. However, since the expected deviation is 1.65%, the Dash will decline in value on a Sunday quiet regularly. The expected price change of the Dash on a Sunday is between -1.27% and 2.03%.
Allthough the Dash decreases in value with -0.51% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Dash on Mondays is 1.49%. This means that the expected change of the value of Dash is between -2.00% and 0.97% on 68 out of 100 Mondays.
The Dash declines in value on an average Tuesday with -1.05%. However, the uncertainty (or standard deviation) is quite large, namely 3.25%. This means that it is not possible to say whether on a regular Tuesday the Dash will increase or decrease in value.
It is hard to tell whether the Dash will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Dash is -0.02%. However, the standard deviation on this weekday is 1.42%. This means that on most Wednesdays, the change in value of the Dash is between -1.44% and 1.40%.
On Thursdays, the Dash decreases in value on average with -0.64%. On most of the Thursdays the Dash decreases in value between -2.70% and 1.42%. The uncertainty (2.06%) is higher than the average decline percentage (-0.64%). Therefore, expected range of price changes of the Dash on Thursdays is large.
On an average Friday the Dash shows an increase in value of 1.25%. However, the change of Dash on most of the Fridays is between -1.01% and 3.51%. Therefore it is hard to tell whether an average Friday is a good day to start buying Dashs.
Dash increased in value on an average Saturday only slightly. The average increase in value of the Dash was 0.14%. Allthough the Dash closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.08%). This means that on 68 percent of the Saturdays, the change in price of the Dash is expected to be in the range of -0.95% and 1.22%.
Dash weekday performance details
Find below the details of the performance of Dash 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||0.38%||1.65%||-1.27% to 2.03%|
|Monday||-0.51%||1.49%||-2.00% to 0.97%|
|Tuesday||-1.05%||3.25%||-4.30% to 2.20%|
|Wednesday||-0.02%||1.42%||-1.44% to 1.40%|
|Thursday||-0.64%||2.06%||-2.70% to 1.42%|
|Friday||1.25%||2.26%||-1.01% to 3.51%|
|Saturday||0.14%||1.08%||-0.95% to 1.22%|