Dent (DENT)

Current price: $ 0.000222

24 hours price change: $ -0.000002 (-0.81%)

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 May 15th, 2019 to November 15th, 2019.

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 05/15/2019 and 11/15/2019.

According to the performance of Dent between May 15th, 2019 and November 15th, 2019, Dent performed the best on Thursdays. On average, the price of Dent increased 3.17% on Thursday.

The weekday on which the Dent performed the worst, is Wednesday. On Wednesdays, the Dent declined in value on average by -1.11%.

Dent weekday performance

Dent increased in value on an average Sunday only slightly. The average increase in value of the Dent was 0.18%. 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 (6.54%). This means that on 68 percent of the Sundays, the change in price of the Dent is expected to be in the range of -6.36% and 6.72%.

On an average Monday the Dent shows an increase in value of 2.63%. However, the change of Dent on most of the Mondays is between -7.63% and 12.89%. Therefore it is hard to tell whether an average Monday 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 Tuesday. The average change on a Tuesday for the Dent is -0.08%. However, the standard deviation on this weekday is 1.20%. This means that on most Tuesdays, the change in value of the Dent is between -1.29% and 1.12%.

The Dent declines in value on an average Wednesday with -1.11%. However, the uncertainty (or standard deviation) is quite large, namely 10.21%. This means that it is not possible to say whether on a regular Wednesday the Dent will increase or decrease in value.

The increase in value of the Dent is 3.17% on an average Thursday. However, the uncertainty on the average change is high for the Dent on Thursdays. This is the reason why an expected increase of the Dent on an average Thursday cannot be predicted. The standard deviation for Dent on Thursdays is high, namely 11.18%. This means that the expected range of value change for the Dent is -8.01% and 14.35% on 68% of the Thursdays.

On an average Friday the Dent shows an increase in value of 1.89%. However, the change of Dent on most of the Fridays is between -8.52% and 12.30%. Therefore it is hard to tell whether an average Friday is a good day to start buying Dents.

On an average Saturday the Dent shows an increase in value of 2.03%. However, the change of Dent on most of the Saturdays is between -6.38% and 10.45%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Dents.

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 0.18% 6.54% -6.36% to 6.72%
Monday 2.63% 10.26% -7.63% to 12.89%
Tuesday -0.08% 1.20% -1.29% to 1.12%
Wednesday -1.11% 10.21% -11.32% to 9.09%
Thursday 3.17% 11.18% -8.01% to 14.35%
Friday 1.89% 10.41% -8.52% to 12.30%
Saturday 2.03% 8.42% -6.38% to 10.45%