The performance of Siacoin regarding the price differs every day. To make the best decision to buy Siacoin, we are analysis in this article the performance of Siacoin on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on August 24th, 2015 to May 28th, 2023.
In the barchart below, the weekdays and average performance of Siacoin are shown side by side.
According to the performance of Siacoin between August 24th, 2015 and May 28th, 2023, Siacoin performed the best on Saturdays. On average, the price of Siacoin increased 0.52% on Saturday.
The weekday on which the Siacoin performed the worst, is Monday. On Mondays, the Siacoin rose in value on average by 0.06%. The price still increased on Mondays, allthough it was the smallest increase of all days on average.
Siacoin weekday performance
Siacoin increased in value on an average Sunday only slightly. The average increase in value of the Siacoin was 0.14%. Allthough the Siacoin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (7.37%). This means that on 68 percent of the Sundays, the change in price of the Siacoin is expected to be in the range of -7.24% and 7.51%.
Siacoin increased in value on an average Monday only slightly. The average increase in value of the Siacoin was 0.06%. Allthough the Siacoin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (7.88%). This means that on 68 percent of the Mondays, the change in price of the Siacoin is expected to be in the range of -7.83% and 7.94%.
On an average Tuesday, the Siacoin increased 0.41%. However, since the expected deviation is 7.53%, the Siacoin will decline in value on a Tuesday quiet regularly. The expected price change of the Siacoin on a Tuesday is between -7.12% and 7.94%.
On an average Wednesday, the Siacoin increased 0.43%. However, since the expected deviation is 7.03%, the Siacoin will decline in value on a Wednesday quiet regularly. The expected price change of the Siacoin on a Wednesday is between -6.60% and 7.46%.
On an average Thursday, the Siacoin increased 0.42%. However, since the expected deviation is 7.51%, the Siacoin will decline in value on a Thursday quiet regularly. The expected price change of the Siacoin on a Thursday is between -7.10% and 7.93%.
Siacoin increased in value on an average Friday only slightly. The average increase in value of the Siacoin was 0.25%. Allthough the Siacoin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (6.49%). This means that on 68 percent of the Fridays, the change in price of the Siacoin is expected to be in the range of -6.23% and 6.74%.
On an average Saturday, the Siacoin increased 0.52%. However, since the expected deviation is 6.09%, the Siacoin will decline in value on a Saturday quiet regularly. The expected price change of the Siacoin on a Saturday is between -5.57% and 6.61%.
Siacoin weekday performance details
Find below the details of the performance of Siacoin 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 | 0.14% | 7.37% | -7.24% to 7.51% |
Monday | 0.06% | 7.88% | -7.83% to 7.94% |
Tuesday | 0.41% | 7.53% | -7.12% to 7.94% |
Wednesday | 0.43% | 7.03% | -6.60% to 7.46% |
Thursday | 0.42% | 7.51% | -7.10% to 7.93% |
Friday | 0.25% | 6.49% | -6.23% to 6.74% |
Saturday | 0.52% | 6.09% | -5.57% to 6.61% |