Dent (DENT)

Current price: $ 0.002586

24 hours price change: $ 0.000097 (3.90%)

Daily analysis of Dent (DENT) - 6 months

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 6 months, starting on February 1st, 2021 to August 1st, 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 02/01/2021 and 08/01/2021.

According to the performance of Dent between February 1st, 2021 and August 1st, 2021, Dent performed the best on Mondays. On average, the price of Dent increased 3.72% on Monday.

The weekday on which the Dent performed the worst, is Friday. On Fridays, the Dent declined in value on average by -1.78%.

Dent weekday performance

On an average Sunday, the Dent increased 0.32%. However, since the expected deviation is 3.16%, the Dent will decline in value on a Sunday quiet regularly. The expected price change of the Dent on a Sunday is between -2.83% and 3.48%.

The increase in value of the Dent is 3.72% 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 11.94%. This means that the expected range of value change for the Dent is -8.22% and 15.66% on 68% of the Mondays.

Historical performance on Tuesday 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 Tuesday with 0.69%. However, the uncertainty of this increase is high. The expected change in value of the Dent on a Tuesday is between -4.58% and 5.97% (see also the table below).

Dent increased in value on an average Wednesday only slightly. The average increase in value of the Dent was 0.25%. 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 (4.78%). This means that on 68 percent of the Wednesdays, the change in price of the Dent is expected to be in the range of -4.53% and 5.03%.

Allthough the Dent decreases in value with -0.51% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Dent on Thursdays is 4.57%. This means that the expected change of the value of Dent is between -5.08% and 4.07% on 68 out of 100 Thursdays.

The Dent declines in value on an average Friday with -1.78%. However, the uncertainty (or standard deviation) is quite large, namely 6.06%. This means that it is not possible to say whether on a regular Friday the Dent will increase or decrease in value.

Allthough the Dent decreases in value with -0.52% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Dent on Saturdays is 4.19%. This means that the expected change of the value of Dent is between -4.71% and 3.67% on 68 out of 100 Saturdays.

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 0.32% 3.16% -2.83% to 3.48%
Monday 3.72% 11.94% -8.22% to 15.66%
Tuesday 0.69% 5.27% -4.58% to 5.97%
Wednesday 0.25% 4.78% -4.53% to 5.03%
Thursday -0.51% 4.57% -5.08% to 4.07%
Friday -1.78% 6.06% -7.84% to 4.28%
Saturday -0.52% 4.19% -4.71% to 3.67%
 

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