Decred (DCR)

Current price: $ 36.23

24 hours price change: $ -1.55 (-4.10%)

Daily analysis of Decred (DCR) - 1 year

The performance of Decred regarding the price differs every day. To make the best decision to buy Decred, we are analysis in this article the performance of Decred on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 year, starting on May 26th, 2021 to May 26th, 2022.

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

Average daily change in price of Decred per weekday between 05/26/2021 and 05/26/2022.

According to the performance of Decred between May 26th, 2021 and May 26th, 2022, Decred performed the best on Sundays. On average, the price of Decred increased 0.49% on Sunday.

The weekday on which the Decred performed the worst, is Thursday. On Thursdays, the Decred rose in value on average by 0.02%. The price still increased on Thursdays, allthough it was the smallest increase of all days on average.

Decred weekday performance

On an average Sunday, the Decred increased 0.49%. However, since the expected deviation is 2.06%, the Decred will decline in value on a Sunday quiet regularly. The expected price change of the Decred on a Sunday is between -1.57% and 2.54%.

Decred increased in value on an average Monday only slightly. The average increase in value of the Decred was 0.12%. Allthough the Decred closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (2.10%). This means that on 68 percent of the Mondays, the change in price of the Decred is expected to be in the range of -1.98% and 2.22%.

Decred increased in value on an average Tuesday only slightly. The average increase in value of the Decred was 0.23%. Allthough the Decred closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.97%). This means that on 68 percent of the Tuesdays, the change in price of the Decred is expected to be in the range of -1.74% and 2.20%.

On an average Wednesday, the Decred increased 0.46%. However, since the expected deviation is 2.10%, the Decred will decline in value on a Wednesday quiet regularly. The expected price change of the Decred on a Wednesday is between -1.64% and 2.57%.

Decred increased in value on an average Thursday only slightly. The average increase in value of the Decred was 0.02%. Allthough the Decred closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.20%). This means that on 68 percent of the Thursdays, the change in price of the Decred is expected to be in the range of -1.18% and 1.23%.

Decred increased in value on an average Friday only slightly. The average increase in value of the Decred was 0.06%. Allthough the Decred closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.39%). This means that on 68 percent of the Fridays, the change in price of the Decred is expected to be in the range of -1.33% and 1.46%.

Decred increased in value on an average Saturday only slightly. The average increase in value of the Decred was 0.20%. Allthough the Decred closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.57%). This means that on 68 percent of the Saturdays, the change in price of the Decred is expected to be in the range of -1.37% and 1.77%.

Decred weekday performance details

Find below the details of the performance of Decred 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 0.49% 2.06% -1.57% to 2.54%
Monday 0.12% 2.10% -1.98% to 2.22%
Tuesday 0.23% 1.97% -1.74% to 2.20%
Wednesday 0.46% 2.10% -1.64% to 2.57%
Thursday 0.02% 1.20% -1.18% to 1.23%
Friday 0.06% 1.39% -1.33% to 1.46%
Saturday 0.20% 1.57% -1.37% to 1.77%
 

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