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 29th, 2022 to May 29th, 2022.
In the barchart below, the weekdays and average performance of Dent are shown side by side.
According to the performance of Dent between April 29th, 2022 and May 29th, 2022, Dent performed the best on Tuesdays. On average, the price of Dent increased 1.12% on Tuesday.
The weekday on which the Dent performed the worst, is Saturday. On Saturdays, the Dent declined in value on average by -1.54%.
Dent weekday performance
It is hard to tell whether the Dent will increase or decrease in value on an average Sunday. The average change on a Sunday for the Dent is -0.29%. However, the standard deviation on this weekday is 0.62%. This means that on most Sundays, the change in value of the Dent is between -0.91% and 0.34%.
It is hard to tell whether the Dent will increase or decrease in value on an average Monday. The average change on a Monday for the Dent is -0.05%. However, the standard deviation on this weekday is 0.05%. This means that on most Mondays, the change in value of the Dent is between -0.09% and 0.00%.
On an average Tuesday the Dent shows an increase in value of 1.12%. However, the change of Dent on most of the Tuesdays is between -0.59% and 2.82%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Dents.
It is hard to tell whether the Dent will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Dent is -0.02%. However, the standard deviation on this weekday is 0.04%. This means that on most Wednesdays, the change in value of the Dent is between -0.06% and 0.02%.
The Dent will almost not change or only slightly increase in value on an average Thursday. The average change of the Dent on Thursdays is 0.13%. The standard deviation of the Dent is 0.11%, which means that in 68% of the Thursdays, the range of the change of the Dent is 0.02% and 0.24%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.
On Fridays, the Dent decreases in value on average with -0.70%. On most of the Fridays the Dent decreases in value between -3.12% and 1.73%. The uncertainty (2.42%) is higher than the average decline percentage (-0.70%). Therefore, expected range of price changes of the Dent on Fridays is large.
The Dent declines in value on an average Saturday with -1.54%. However, the uncertainty (or standard deviation) is quite large, namely 3.31%. This means that it is not possible to say whether on a regular Saturday the Dent will increase or decrease in value.
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||-0.29%||0.62%||-0.91% to 0.34%|
|Monday||-0.05%||0.05%||-0.09% to 0.00%|
|Tuesday||1.12%||1.70%||-0.59% to 2.82%|
|Wednesday||-0.02%||0.04%||-0.06% to 0.02%|
|Thursday||0.13%||0.11%||0.02% to 0.24%|
|Friday||-0.70%||2.42%||-3.12% to 1.73%|
|Saturday||-1.54%||3.31%||-4.85% to 1.76%|