Polkadot (DOT)

Current price: $ 25.32

24 hours price change: $ -0.29 (-1.13%)

Daily analysis of Polkadot (DOT) - 1 month

The performance of Polkadot regarding the price differs every day. To make the best decision to buy Polkadot, we are analysis in this article the performance of Polkadot on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on December 18th, 2021 to January 18th, 2022.

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

Average daily change in price of Polkadot per weekday between 12/18/2021 and 01/18/2022.

According to the performance of Polkadot between December 18th, 2021 and January 18th, 2022, Polkadot performed the best on Saturdays. On average, the price of Polkadot increased 1.14% on Saturday.

The weekday on which the Polkadot performed the worst, is Tuesday. On Tuesdays, the Polkadot declined in value on average by -0.68%.

Polkadot weekday performance

On an average Sunday, the Polkadot increased 0.36%. However, since the expected deviation is 1.36%, the Polkadot will decline in value on a Sunday quiet regularly. The expected price change of the Polkadot on a Sunday is between -1.00% and 1.72%.

It is hard to tell whether the Polkadot will increase or decrease in value on an average Monday. The average change on a Monday for the Polkadot is -0.14%. However, the standard deviation on this weekday is 0.73%. This means that on most Mondays, the change in value of the Polkadot is between -0.87% and 0.60%.

On Tuesdays, the Polkadot decreases in value on average with -0.68%. On most of the Tuesdays the Polkadot decreases in value between -1.35% and -0.02%. The uncertainty (0.67%) is higher than the average decline percentage (-0.68%). Therefore, expected range of price changes of the Polkadot on Tuesdays is large.

On an average Wednesday, the Polkadot increased 0.54%. However, since the expected deviation is 0.86%, the Polkadot will decline in value on a Wednesday quiet regularly. The expected price change of the Polkadot on a Wednesday is between -0.32% and 1.40%.

It is hard to tell whether the Polkadot will increase or decrease in value on an average Thursday. The average change on a Thursday for the Polkadot is -0.14%. However, the standard deviation on this weekday is 0.60%. This means that on most Thursdays, the change in value of the Polkadot is between -0.75% and 0.46%.

On Fridays, the Polkadot decreases in value on average with -0.62%. On most of the Fridays the Polkadot decreases in value between -2.41% and 1.18%. The uncertainty (1.79%) is higher than the average decline percentage (-0.62%). Therefore, expected range of price changes of the Polkadot on Fridays is large.

On an average Saturday the Polkadot shows a high increase in value, namely 1.14%. The standard deviation is below the average increase percentage (standard deviation is 0.86%), meaning that on 68% of the Saturdays the Polkadot will increase with a percentage between 0.27% and 2.00%. This also means that, on average, on 16 percent of the Saturdays, the Polkadot will increase with a percentage above this range. On the other 16% of the Saturdays, the Polkadot will change with a percentage below the 0.27%.

Polkadot weekday performance details

Find below the details of the performance of Polkadot 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 0.36% 1.36% -1.00% to 1.72%
Monday -0.14% 0.73% -0.87% to 0.60%
Tuesday -0.68% 0.67% -1.35% to -0.02%
Wednesday 0.54% 0.86% -0.32% to 1.40%
Thursday -0.14% 0.60% -0.75% to 0.46%
Friday -0.62% 1.79% -2.41% to 1.18%
Saturday 1.14% 0.86% 0.27% to 2.00%
 

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