Dent (DENT)

Current price: $ 0.000206

24 hours price change: $ -0.000003 (-1.64%)

Daily analysis of Dent (DENT) - 1 year

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 year, starting on September 22nd, 2019 to September 21st, 2020.

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 09/22/2019 and 09/21/2020.

According to the performance of Dent between September 22nd, 2019 and September 21st, 2020, Dent performed the best on Fridays. On average, the price of Dent increased 0.95% on Friday.

The weekday on which the Dent performed the worst, is Wednesday. On Wednesdays, the Dent declined in value on average by -0.43%.

Dent weekday performance

Dent increased in value on an average Sunday only slightly. The average increase in value of the Dent was 0.26%. 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 (2.48%). This means that on 68 percent of the Sundays, the change in price of the Dent is expected to be in the range of -2.22% and 2.74%.

On an average Monday, the Dent increased 0.51%. However, since the expected deviation is 4.70%, the Dent will decline in value on a Monday quiet regularly. The expected price change of the Dent on a Monday is between -4.19% and 5.21%.

It is hard to tell whether the Dent will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Dent is -0.06%. However, the standard deviation on this weekday is 1.04%. This means that on most Tuesdays, the change in value of the Dent is between -1.10% and 0.97%.

Allthough the Dent decreases in value with -0.43% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Dent on Wednesdays is 2.83%. This means that the expected change of the value of Dent is between -3.26% and 2.40% on 68 out of 100 Wednesdays.

On an average Thursday, the Dent increased 0.49%. However, since the expected deviation is 8.32%, the Dent will decline in value on a Thursday quiet regularly. The expected price change of the Dent on a Thursday is between -7.83% and 8.81%.

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 0.95%. However, the uncertainty of this increase is high. The expected change in value of the Dent on a Friday is between -5.91% and 7.82% (see also the table below).

Historical performance on Saturday 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 Saturday with 0.63%. However, the uncertainty of this increase is high. The expected change in value of the Dent on a Saturday is between -3.92% and 5.18% (see also the table below).

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 0.26% 2.48% -2.22% to 2.74%
Monday 0.51% 4.70% -4.19% to 5.21%
Tuesday -0.06% 1.04% -1.10% to 0.97%
Wednesday -0.43% 2.83% -3.26% to 2.40%
Thursday 0.49% 8.32% -7.83% to 8.81%
Friday 0.95% 6.86% -5.91% to 7.82%
Saturday 0.63% 4.55% -3.92% to 5.18%
 

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