Dai (DAI)

Current price: $ 1.01

24 hours price change: $ -0.000405 (-0.04%)

Daily analysis of Dai (DAI) - all

The performance of Dai regarding the price differs every day. To make the best decision to buy Dai, we are analysis in this article the performance of Dai on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on December 27th, 2017 to November 14th, 2019.

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

Average daily change in price of Dai per weekday between 12/27/2017 and 11/14/2019.

According to the performance of Dai between December 27th, 2017 and November 14th, 2019, Dai performed the best on Wednesdays. On average, the price of Dai increased 2.94% on Wednesday.

The weekday on which the Dai performed the worst, is Tuesday. On Tuesdays, the Dai declined in value on average by -0.44%.

Dai weekday performance

Dai increased in value on an average Sunday only slightly. The average increase in value of the Dai was 0.24%. Allthough the Dai closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (5.94%). This means that on 68 percent of the Sundays, the change in price of the Dai is expected to be in the range of -5.70% and 6.18%.

Dai increased in value on an average Monday only slightly. The average increase in value of the Dai was 0.01%. Allthough the Dai closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (2.74%). This means that on 68 percent of the Mondays, the change in price of the Dai is expected to be in the range of -2.74% and 2.75%.

Allthough the Dai decreases in value with -0.44% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Dai on Tuesdays is 4.68%. This means that the expected change of the value of Dai is between -5.12% and 4.24% on 68 out of 100 Tuesdays.

On an average Wednesday the Dai shows an increase in value of 2.94%. However, the change of Dai on most of the Wednesdays is between -33.48% and 39.37%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Dais.

Dai increased in value on an average Thursday only slightly. The average increase in value of the Dai was 0.12%. Allthough the Dai closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (2.82%). This means that on 68 percent of the Thursdays, the change in price of the Dai is expected to be in the range of -2.70% and 2.93%.

On an average Friday, the Dai increased 0.33%. However, since the expected deviation is 2.89%, the Dai will decline in value on a Friday quiet regularly. The expected price change of the Dai on a Friday is between -2.56% and 3.21%.

Allthough the Dai decreases in value with -0.38% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Dai on Saturdays is 3.60%. This means that the expected change of the value of Dai is between -3.98% and 3.21% on 68 out of 100 Saturdays.

Dai weekday performance details

Find below the details of the performance of Dai 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 0.24% 5.94% -5.70% to 6.18%
Monday 0.01% 2.74% -2.74% to 2.75%
Tuesday -0.44% 4.68% -5.12% to 4.24%
Wednesday 2.94% 36.42% -33.48% to 39.37%
Thursday 0.12% 2.82% -2.70% to 2.93%
Friday 0.33% 2.89% -2.56% to 3.21%
Saturday -0.38% 3.60% -3.98% to 3.21%