MonaCoin (MONA)

Current price: $ 0.35

24 hours price change: $ -0.006928 (-1.94%)

Daily analysis of MonaCoin (MONA) - 1 year

The performance of MonaCoin regarding the price differs every day. To make the best decision to buy MonaCoin, we are analysis in this article the performance of MonaCoin on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 year, starting on February 26th, 2023 to February 26th, 2024.

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

Average daily change in price of MonaCoin per weekday between 02/26/2023 and 02/26/2024.

According to the performance of MonaCoin between February 26th, 2023 and February 26th, 2024, MonaCoin performed the best on Thursdays. On average, the price of MonaCoin increased 0.31% on Thursday.

The weekday on which the MonaCoin performed the worst, is Tuesday. On Tuesdays, the MonaCoin declined in value on average by -0.30%.

MonaCoin weekday performance

MonaCoin increased in value on an average Sunday only slightly. The average increase in value of the MonaCoin was 0.17%. Allthough the MonaCoin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.76%). This means that on 68 percent of the Sundays, the change in price of the MonaCoin is expected to be in the range of -1.60% and 1.93%.

MonaCoin increased in value on an average Monday only slightly. The average increase in value of the MonaCoin was 0.02%. Allthough the MonaCoin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.91%). This means that on 68 percent of the Mondays, the change in price of the MonaCoin is expected to be in the range of -0.88% and 0.93%.

Allthough the MonaCoin decreases in value with -0.30% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of MonaCoin on Tuesdays is 1.63%. This means that the expected change of the value of MonaCoin is between -1.93% and 1.33% on 68 out of 100 Tuesdays.

MonaCoin increased in value on an average Wednesday only slightly. The average increase in value of the MonaCoin was 0.00%. Allthough the MonaCoin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.43%). This means that on 68 percent of the Wednesdays, the change in price of the MonaCoin is expected to be in the range of -1.43% and 1.43%.

On an average Thursday, the MonaCoin increased 0.31%. However, since the expected deviation is 1.44%, the MonaCoin will decline in value on a Thursday quiet regularly. The expected price change of the MonaCoin on a Thursday is between -1.13% and 1.75%.

MonaCoin increased in value on an average Friday only slightly. The average increase in value of the MonaCoin was 0.02%. Allthough the MonaCoin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.03%). This means that on 68 percent of the Fridays, the change in price of the MonaCoin is expected to be in the range of -1.01% and 1.05%.

MonaCoin increased in value on an average Saturday only slightly. The average increase in value of the MonaCoin was 0.04%. Allthough the MonaCoin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.82%). This means that on 68 percent of the Saturdays, the change in price of the MonaCoin is expected to be in the range of -0.77% and 0.86%.

MonaCoin weekday performance details

Find below the details of the performance of MonaCoin 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 0.17% 1.76% -1.60% to 1.93%
Monday 0.02% 0.91% -0.88% to 0.93%
Tuesday -0.30% 1.63% -1.93% to 1.33%
Wednesday 0.00% 1.43% -1.43% to 1.43%
Thursday 0.31% 1.44% -1.13% to 1.75%
Friday 0.02% 1.03% -1.01% to 1.05%
Saturday 0.04% 0.82% -0.77% to 0.86%
 

About Us

: Financial indicators for cryptocurrencies