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 November 7th, 2023 to December 6th, 2023.
In the barchart below, the weekdays and average performance of Dent are shown side by side.
According to the performance of Dent between November 7th, 2023 and December 6th, 2023, Dent performed the best on Thursdays. On average, the price of Dent increased 0.74% on Thursday.
The weekday on which the Dent performed the worst, is Sunday. On Sundays, the Dent declined in value on average by -1.19%.
Dent weekday performance
The Dent declines in value on an average Sunday with -1.19%. However, the uncertainty (or standard deviation) is quite large, namely 1.78%. This means that it is not possible to say whether on a regular Sunday the Dent will increase or decrease in value.
Allthough the Dent decreases in value with -0.39% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Dent on Mondays is 0.33%. This means that the expected change of the value of Dent is between -0.72% and -0.05% on 68 out of 100 Mondays.
Dent increased in value on an average Tuesday only slightly. The average increase in value of the Dent was 0.07%. 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 (0.80%). This means that on 68 percent of the Tuesdays, the change in price of the Dent is expected to be in the range of -0.73% and 0.88%.
On Wednesdays, the Dent decreases in value on average with -0.79%. On most of the Wednesdays the Dent decreases in value between -3.40% and 1.82%. The uncertainty (2.61%) is higher than the average decline percentage (-0.79%). Therefore, expected range of price changes of the Dent on Wednesdays is large.
Historical performance on Thursday do not show an increase in value of the Dent on which a prediction can be made. The Dent increased in value on average on an average Thursday with 0.74%. However, the uncertainty of this increase is high. The expected change in value of the Dent on a Thursday is between -0.34% and 1.82% (see also the table below).
Historical performance on Friday do not show an increase in value of the Dent on which a prediction can be made. The Dent increased in value on average on an average Friday with 0.74%. However, the uncertainty of this increase is high. The expected change in value of the Dent on a Friday is between -0.55% and 2.03% (see also the table below).
On an average Saturday, the Dent increased 0.33%. However, since the expected deviation is 1.05%, the Dent will decline in value on a Saturday quiet regularly. The expected price change of the Dent on a Saturday is between -0.72% and 1.38%.
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||-1.19%||1.78%||-2.97% to 0.59%|
|Monday||-0.39%||0.33%||-0.72% to -0.05%|
|Tuesday||0.07%||0.80%||-0.73% to 0.88%|
|Wednesday||-0.79%||2.61%||-3.40% to 1.82%|
|Thursday||0.74%||1.08%||-0.34% to 1.82%|
|Friday||0.74%||1.29%||-0.55% to 2.03%|
|Saturday||0.33%||1.05%||-0.72% to 1.38%|