Ethereum (ETH)

Current price: $ 226.20

24 hours price change: $ -5.07 (-2.19%)

Daily analysis of Ethereum (ETH) - all

The performance of Ethereum regarding the price differs every day. To make the best decision to buy Ethereum, we are analysis in this article the performance of Ethereum on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on August 8th, 2015 to July 1st, 2020.

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

Average daily change in price of Ethereum per weekday between 08/08/2015 and 07/01/2020.

According to the performance of Ethereum between August 8th, 2015 and July 1st, 2020, Ethereum performed the best on Tuesdays. On average, the price of Ethereum increased 0.87% on Tuesday.

The weekday on which the Ethereum performed the worst, is Monday. On Mondays, the Ethereum rose in value on average by 0.16%. The price still increased on Mondays, allthough it was the smallest increase of all days on average.

Ethereum weekday performance

On an average Sunday, the Ethereum increased 0.56%. However, since the expected deviation is 5.55%, the Ethereum will decline in value on a Sunday quiet regularly. The expected price change of the Ethereum on a Sunday is between -4.99% and 6.11%.

Ethereum increased in value on an average Monday only slightly. The average increase in value of the Ethereum was 0.16%. Allthough the Ethereum closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (6.42%). This means that on 68 percent of the Mondays, the change in price of the Ethereum is expected to be in the range of -6.26% and 6.58%.

Historical performance on Tuesday do not show an increase in value of the Ethereum on which a prediction can be made. The Ethereum increased in value on average on an average Tuesday with 0.87%. However, the uncertainty of this increase is high. The expected change in value of the Ethereum on a Tuesday is between -7.92% and 9.67% (see also the table below).

Ethereum increased in value on an average Wednesday only slightly. The average increase in value of the Ethereum was 0.27%. Allthough the Ethereum closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (7.27%). This means that on 68 percent of the Wednesdays, the change in price of the Ethereum is expected to be in the range of -7.00% and 7.54%.

Historical performance on Thursday do not show an increase in value of the Ethereum on which a prediction can be made. The Ethereum increased in value on average on an average Thursday with 0.75%. However, the uncertainty of this increase is high. The expected change in value of the Ethereum on a Thursday is between -6.78% and 8.27% (see also the table below).

Ethereum increased in value on an average Friday only slightly. The average increase in value of the Ethereum was 0.29%. Allthough the Ethereum closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (5.77%). This means that on 68 percent of the Fridays, the change in price of the Ethereum is expected to be in the range of -5.48% and 6.06%.

Ethereum increased in value on an average Saturday only slightly. The average increase in value of the Ethereum was 0.17%. Allthough the Ethereum closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (6.70%). This means that on 68 percent of the Saturdays, the change in price of the Ethereum is expected to be in the range of -6.52% and 6.87%.

Ethereum weekday performance details

Find below the details of the performance of Ethereum 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 0.56% 5.55% -4.99% to 6.11%
Monday 0.16% 6.42% -6.26% to 6.58%
Tuesday 0.87% 8.79% -7.92% to 9.67%
Wednesday 0.27% 7.27% -7.00% to 7.54%
Thursday 0.75% 7.53% -6.78% to 8.27%
Friday 0.29% 5.77% -5.48% to 6.06%
Saturday 0.17% 6.70% -6.52% to 6.87%
 

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