Dai (DAI)

Current price: $ 1.01

24 hours price change: $ -0.02 (-1.78%)

Daily analysis of Dai (DAI) - 1 month

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 1 month, starting on October 17th, 2019 to November 15th, 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 10/17/2019 and 11/15/2019.

According to the performance of Dai between October 17th, 2019 and November 15th, 2019, Dai performed the best on Wednesdays. On average, the price of Dai increased 0.22% on Wednesday.

The weekday on which the Dai performed the worst, is Sunday. On Sundays, the Dai declined in value on average by -0.45%.

Dai weekday performance

Allthough the Dai decreases in value with -0.45% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Dai on Sundays is 0.71%. This means that the expected change of the value of Dai is between -1.16% and 0.27% on 68 out of 100 Sundays.

Dai increased in value on an average Monday only slightly. The average increase in value of the Dai was 0.07%. 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 (0.08%). This means that on 68 percent of the Mondays, the change in price of the Dai is expected to be in the range of -0.01% and 0.16%.

Dai increased in value on an average Tuesday only slightly. The average increase in value of the Dai was 0.03%. 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 (0.43%). This means that on 68 percent of the Tuesdays, the change in price of the Dai is expected to be in the range of -0.41% and 0.46%.

Dai increased in value on an average Wednesday only slightly. The average increase in value of the Dai was 0.22%. 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 (0.33%). This means that on 68 percent of the Wednesdays, the change in price of the Dai is expected to be in the range of -0.11% and 0.56%.

The Dai will almost not change or only slightly increase in value on an average Thursday. The average change of the Dai on Thursdays is 0.20%. The standard deviation of the Dai is 0.20%, which means that in 68% of the Thursdays, the range of the change of the Dai is 0.00% and 0.39%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.

It is hard to tell whether the Dai will increase or decrease in value on an average Friday. The average change on a Friday for the Dai is -0.14%. However, the standard deviation on this weekday is 0.43%. This means that on most Fridays, the change in value of the Dai is between -0.56% and 0.29%.

It is hard to tell whether the Dai will increase or decrease in value on an average Saturday. The average change on a Saturday for the Dai is -0.06%. However, the standard deviation on this weekday is 0.28%. This means that on most Saturdays, the change in value of the Dai is between -0.34% and 0.22%.

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 -0.45% 0.71% -1.16% to 0.27%
Monday 0.07% 0.08% -0.01% to 0.16%
Tuesday 0.03% 0.43% -0.41% to 0.46%
Wednesday 0.22% 0.33% -0.11% to 0.56%
Thursday 0.20% 0.20% 0.00% to 0.39%
Friday -0.14% 0.43% -0.56% to 0.29%
Saturday -0.06% 0.28% -0.34% to 0.22%