DigiByte (DGB)

Current price: $ 0.03

24 hours price change: $ -0.000050 (-0.19%)

Daily analysis of DigiByte (DGB) - 1 month

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 1 month, starting on July 5th, 2020 to August 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 07/05/2020 and 08/04/2020.

According to the performance of DigiByte between July 5th, 2020 and August 4th, 2020, DigiByte performed the best on Sundays. On average, the price of DigiByte increased 0.36% on Sunday.

The weekday on which the DigiByte performed the worst, is Saturday. On Saturdays, the DigiByte declined in value on average by -0.14%.

DigiByte weekday performance

On an average Sunday, the DigiByte increased 0.36%. However, since the expected deviation is 0.44%, the DigiByte will decline in value on a Sunday quiet regularly. The expected price change of the DigiByte on a Sunday is between -0.08% and 0.79%.

It is hard to tell whether the DigiByte will increase or decrease in value on an average Monday. The average change on a Monday for the DigiByte is -0.10%. However, the standard deviation on this weekday is 0.18%. This means that on most Mondays, the change in value of the DigiByte is between -0.28% and 0.08%.

DigiByte increased in value on an average Tuesday only slightly. The average increase in value of the DigiByte was 0.27%. 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 (0.29%). This means that on 68 percent of the Tuesdays, the change in price of the DigiByte is expected to be in the range of -0.02% and 0.55%.

It is hard to tell whether the DigiByte will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the DigiByte is -0.11%. However, the standard deviation on this weekday is 0.15%. This means that on most Wednesdays, the change in value of the DigiByte is between -0.26% and 0.04%.

The DigiByte will almost not change or only slightly increase in value on an average Thursday. The average change of the DigiByte on Thursdays is 0.04%. The standard deviation of the DigiByte is 0.03%, which means that in 68% of the Thursdays, the range of the change of the DigiByte is 0.01% and 0.07%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.

It is hard to tell whether the DigiByte will increase or decrease in value on an average Friday. The average change on a Friday for the DigiByte is -0.07%. However, the standard deviation on this weekday is 0.25%. This means that on most Fridays, the change in value of the DigiByte is between -0.31% and 0.18%.

It is hard to tell whether the DigiByte will increase or decrease in value on an average Saturday. The average change on a Saturday for the DigiByte is -0.14%. However, the standard deviation on this weekday is 0.18%. This means that on most Saturdays, the change in value of the DigiByte is between -0.32% and 0.04%.

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 0.36% 0.44% -0.08% to 0.79%
Monday -0.10% 0.18% -0.28% to 0.08%
Tuesday 0.27% 0.29% -0.02% to 0.55%
Wednesday -0.11% 0.15% -0.26% to 0.04%
Thursday 0.04% 0.03% 0.01% to 0.07%
Friday -0.07% 0.25% -0.31% to 0.18%
Saturday -0.14% 0.18% -0.32% to 0.04%
 

We use cookies on our website. Some of them are essential for the operation of the site, while others help us to improve this site and the user experience (tracking cookies). You can decide for yourself whether you want to allow cookies or not. Please note that if you reject them, you may not be able to use all the functionalities of the site.