Dent (DENT)

Current price: $ 0.008938

24 hours price change: $ -0.000710 (-7.36%)

Daily analysis of Dent (DENT) - 1 month

The performance of Dent regarding the price differs every day. To make the best decision to buy Dent, we are analysis in this article the performance of Dent on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on April 9th, 2021 to May 9th, 2021.

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

Average daily change in price of Dent per weekday between 04/09/2021 and 05/09/2021.

According to the performance of Dent between April 9th, 2021 and May 9th, 2021, Dent performed the best on Mondays. On average, the price of Dent increased 7.82% on Monday.

The weekday on which the Dent performed the worst, is Tuesday. On Tuesdays, the Dent declined in value on average by -1.33%.

Dent weekday performance

The Dent will almost not change or only slightly increase in value on an average Sunday. The average change of the Dent on Sundays is 0.06%. The standard deviation of the Dent is 0.03%, which means that in 68% of the Sundays, the range of the change of the Dent is 0.02% and 0.09%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.

The increase in value of the Dent is 7.82% on an average Monday. However, the uncertainty on the average change is high for the Dent on Mondays. This is the reason why an expected increase of the Dent on an average Monday cannot be predicted. The standard deviation for Dent on Mondays is high, namely 13.42%. This means that the expected range of value change for the Dent is -5.60% and 21.25% on 68% of the Mondays.

The Dent declines in value on an average Tuesday with -1.33%. However, the uncertainty (or standard deviation) is quite large, namely 8.65%. This means that it is not possible to say whether on a regular Tuesday the Dent will increase or decrease in value.

On Wednesdays, the Dent decreases in value on average with -0.87%. On most of the Wednesdays the Dent decreases in value between -2.75% and 1.01%. The uncertainty (1.88%) is higher than the average decline percentage (-0.87%). Therefore, expected range of price changes of the Dent on Wednesdays is large.

On an average Thursday, the Dent increased 0.52%. However, since the expected deviation is 0.70%, the Dent will decline in value on a Thursday quiet regularly. The expected price change of the Dent on a Thursday is between -0.18% and 1.23%.

On an average Friday, the Dent increased 0.59%. However, since the expected deviation is 1.01%, the Dent will decline in value on a Friday quiet regularly. The expected price change of the Dent on a Friday is between -0.42% and 1.61%.

Dent increased in value on an average Saturday only slightly. The average increase in value of the Dent was 0.05%. Allthough the Dent closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.09%). This means that on 68 percent of the Saturdays, the change in price of the Dent is expected to be in the range of -0.04% and 0.13%.

Dent weekday performance details

Find below the details of the performance of Dent 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 0.06% 0.03% 0.02% to 0.09%
Monday 7.82% 13.42% -5.60% to 21.25%
Tuesday -1.33% 8.65% -9.98% to 7.32%
Wednesday -0.87% 1.88% -2.75% to 1.01%
Thursday 0.52% 0.70% -0.18% to 1.23%
Friday 0.59% 1.01% -0.42% to 1.61%
Saturday 0.05% 0.09% -0.04% to 0.13%

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