DigiByte (DGB)

Current price: $ 0.01

24 hours price change: $ 0.000468 (3.93%)

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 March 18th, 2024 to April 18th, 2024.

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 03/18/2024 and 04/18/2024.

According to the performance of DigiByte between March 18th, 2024 and April 18th, 2024, DigiByte performed the best on Sundays. On average, the price of DigiByte increased 2.09% on Sunday.

The weekday on which the DigiByte performed the worst, is Tuesday. On Tuesdays, the DigiByte declined in value on average by -0.97%.

DigiByte weekday performance

On an average Sunday the DigiByte shows an increase in value of 2.09%. However, the change of DigiByte on most of the Sundays is between -0.52% and 4.70%. Therefore it is hard to tell whether an average Sunday is a good day to start buying DigiBytes.

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 -0.21%. However, the standard deviation on this weekday is 1.58%. This means that on most Mondays, the change in value of the DigiByte is between -1.78% and 1.37%.

On Tuesdays, the DigiByte decreases in value on average with -0.97%. On most of the Tuesdays the DigiByte decreases in value between -2.35% and 0.42%. The uncertainty (1.38%) is higher than the average decline percentage (-0.97%). Therefore, expected range of price changes of the DigiByte on Tuesdays is large.

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 -0.22%. However, the standard deviation on this weekday is 2.29%. This means that on most Wednesdays, the change in value of the DigiByte is between -2.51% and 2.06%.

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 0.77%. However, the uncertainty of this increase is high. The expected change in value of the DigiByte on a Thursday is between -0.64% and 2.18% (see also the table below).

Historical performance on Friday 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 Friday with 0.61%. However, the uncertainty of this increase is high. The expected change in value of the DigiByte on a Friday is between -0.22% and 1.45% (see also the table below).

On an average Saturday the DigiByte shows an increase in value of 1.87%. However, the change of DigiByte on most of the Saturdays is between -1.67% and 5.42%. Therefore it is hard to tell whether an average Saturday is a good day to start buying DigiBytes.

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 2.09% 2.61% -0.52% to 4.70%
Monday -0.21% 1.58% -1.78% to 1.37%
Tuesday -0.97% 1.38% -2.35% to 0.42%
Wednesday -0.22% 2.29% -2.51% to 2.06%
Thursday 0.77% 1.41% -0.64% to 2.18%
Friday 0.61% 0.83% -0.22% to 1.45%
Saturday 1.87% 3.54% -1.67% to 5.42%
 

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