DigiByte (DGB)

Current price: $ 0.02

24 hours price change: $ -0.001322 (-5.65%)

Daily analysis of DigiByte (DGB) - all

The performance of DigiByte regarding the price differs every day. To make the best decision to buy DigiByte, we are analysis in this article the performance of DigiByte on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on December 1st, 2014 to December 4th, 2020.

In the barchart below, the weekdays and average performance of DigiByte are shown side by side.

Average daily change in price of DigiByte per weekday between 12/01/2014 and 12/04/2020.

According to the performance of DigiByte between December 1st, 2014 and December 4th, 2020, DigiByte performed the best on Fridays. On average, the price of DigiByte increased 1.34% on Friday.

The weekday on which the DigiByte performed the worst, is Saturday. On Saturdays, the DigiByte rose in value on average by 0.20%. The price still increased on Saturdays, allthough it was the smallest increase of all days on average.

DigiByte weekday performance

On an average Sunday, the DigiByte increased 0.39%. However, since the expected deviation is 8.18%, the DigiByte will decline in value on a Sunday quiet regularly. The expected price change of the DigiByte on a Sunday is between -7.79% and 8.58%.

Historical performance on Monday do not show an increase in value of the DigiByte on which a prediction can be made. The DigiByte increased in value on average on an average Monday with 0.81%. However, the uncertainty of this increase is high. The expected change in value of the DigiByte on a Monday is between -13.88% and 15.51% (see also the table below).

On an average Tuesday, the DigiByte increased 0.58%. However, since the expected deviation is 10.73%, the DigiByte will decline in value on a Tuesday quiet regularly. The expected price change of the DigiByte on a Tuesday is between -10.15% and 11.30%.

On an average Wednesday, the DigiByte increased 0.55%. However, since the expected deviation is 8.73%, the DigiByte will decline in value on a Wednesday quiet regularly. The expected price change of the DigiByte on a Wednesday is between -8.18% and 9.27%.

Historical performance on Thursday do not show an increase in value of the DigiByte on which a prediction can be made. The DigiByte increased in value on average on an average Thursday with 0.94%. However, the uncertainty of this increase is high. The expected change in value of the DigiByte on a Thursday is between -8.33% and 10.22% (see also the table below).

On an average Friday the DigiByte shows an increase in value of 1.34%. However, the change of DigiByte on most of the Fridays is between -9.28% and 11.96%. Therefore it is hard to tell whether an average Friday is a good day to start buying DigiBytes.

DigiByte increased in value on an average Saturday only slightly. The average increase in value of the DigiByte was 0.20%. Allthough the DigiByte closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (7.72%). This means that on 68 percent of the Saturdays, the change in price of the DigiByte is expected to be in the range of -7.52% and 7.92%.

DigiByte weekday performance details

Find below the details of the performance of DigiByte 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 0.39% 8.18% -7.79% to 8.58%
Monday 0.81% 14.69% -13.88% to 15.51%
Tuesday 0.58% 10.73% -10.15% to 11.30%
Wednesday 0.55% 8.73% -8.18% to 9.27%
Thursday 0.94% 9.28% -8.33% to 10.22%
Friday 1.34% 10.62% -9.28% to 11.96%
Saturday 0.20% 7.72% -7.52% to 7.92%
 

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