Decred (DCR)

Current price: $ 11.74

24 hours price change: $ -0.29 (-2.44%)

Daily analysis of Decred (DCR) - 6 months

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 6 months, starting on March 28th, 2020 to September 27th, 2020.

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 03/28/2020 and 09/27/2020.

According to the performance of Decred between March 28th, 2020 and September 27th, 2020, Decred performed the best on Tuesdays. On average, the price of Decred increased 0.21% on Tuesday.

The weekday on which the Decred performed the worst, is Monday. On Mondays, the Decred rose in value on average by 0.03%. The price still increased on Mondays, allthough it was the smallest increase of all days on average.

Decred weekday performance

Decred increased in value on an average Sunday only slightly. The average increase in value of the Decred was 0.07%. 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 (0.21%). This means that on 68 percent of the Sundays, the change in price of the Decred is expected to be in the range of -0.14% and 0.28%.

Decred increased in value on an average Monday only slightly. The average increase in value of the Decred was 0.03%. 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 (0.16%). This means that on 68 percent of the Mondays, the change in price of the Decred is expected to be in the range of -0.13% and 0.19%.

Decred increased in value on an average Tuesday only slightly. The average increase in value of the Decred was 0.21%. 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 (0.67%). This means that on 68 percent of the Tuesdays, the change in price of the Decred is expected to be in the range of -0.46% and 0.88%.

Decred increased in value on an average Wednesday only slightly. The average increase in value of the Decred was 0.13%. 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 (0.43%). This means that on 68 percent of the Wednesdays, the change in price of the Decred is expected to be in the range of -0.31% and 0.56%.

Decred increased in value on an average Thursday only slightly. The average increase in value of the Decred was 0.03%. 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 (0.13%). This means that on 68 percent of the Thursdays, the change in price of the Decred is expected to be in the range of -0.09% and 0.16%.

Decred increased in value on an average Friday only slightly. The average increase in value of the Decred was 0.04%. 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 (0.11%). This means that on 68 percent of the Fridays, the change in price of the Decred is expected to be in the range of -0.07% and 0.15%.

Decred increased in value on an average Saturday only slightly. The average increase in value of the Decred was 0.07%. 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 (0.30%). This means that on 68 percent of the Saturdays, the change in price of the Decred is expected to be in the range of -0.23% and 0.36%.

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 0.07% 0.21% -0.14% to 0.28%
Monday 0.03% 0.16% -0.13% to 0.19%
Tuesday 0.21% 0.67% -0.46% to 0.88%
Wednesday 0.13% 0.43% -0.31% to 0.56%
Thursday 0.03% 0.13% -0.09% to 0.16%
Friday 0.04% 0.11% -0.07% to 0.15%
Saturday 0.07% 0.30% -0.23% to 0.36%
 

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