DigiByte (DGB)

Current price: $ 0.007025

24 hours price change: $ -0.000086 (-1.20%)

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 October 17th, 2019 to November 16th, 2019.

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 10/17/2019 and 11/16/2019.

According to the performance of DigiByte between October 17th, 2019 and November 16th, 2019, DigiByte performed the best on Fridays. On average, the price of DigiByte increased 2.50% on Friday.

The weekday on which the DigiByte performed the worst, is Thursday. On Thursdays, the DigiByte rose in value on average by 0.24%. The price still increased on Thursdays, allthough it was the smallest increase of all days on average.

DigiByte weekday performance

On an average Sunday the DigiByte shows a high increase in value, namely 1.92%. The standard deviation is below the average increase percentage (standard deviation is 1.64%), meaning that on 68% of the Sundays the DigiByte will increase with a percentage between 0.27% and 3.56%. This also means that, on average, on 16 percent of the Sundays, the DigiByte will increase with a percentage above this range. On the other 16% of the Sundays, the DigiByte will change with a percentage below the 0.27%.

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 0.74%. However, the uncertainty of this increase is high. The expected change in value of the DigiByte on a Monday is between -0.09% and 1.57% (see also the table below).

On an average Tuesday the DigiByte shows a high increase in value, namely 1.18%. The standard deviation is below the average increase percentage (standard deviation is 0.98%), meaning that on 68% of the Tuesdays the DigiByte will increase with a percentage between 0.20% and 2.16%. This also means that, on average, on 16 percent of the Tuesdays, the DigiByte will increase with a percentage above this range. On the other 16% of the Tuesdays, the DigiByte will change with a percentage below the 0.20%.

On an average Wednesday the DigiByte shows an increase in value of 1.42%. However, the change of DigiByte on most of the Wednesdays is between -0.20% and 3.05%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying DigiBytes.

DigiByte increased in value on an average Thursday only slightly. The average increase in value of the DigiByte was 0.24%. 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 (0.75%). This means that on 68 percent of the Thursdays, the change in price of the DigiByte is expected to be in the range of -0.51% and 0.99%.

On an average Friday the DigiByte shows an increase in value of 2.50%. However, the change of DigiByte on most of the Fridays is between -0.46% and 5.45%. Therefore it is hard to tell whether an average Friday is a good day to start buying DigiBytes.

On an average Saturday the DigiByte shows a high increase in value, namely 1.42%. The standard deviation is below the average increase percentage (standard deviation is 0.99%), meaning that on 68% of the Saturdays the DigiByte will increase with a percentage between 0.44% and 2.41%. This also means that, on average, on 16 percent of the Saturdays, the DigiByte will increase with a percentage above this range. On the other 16% of the Saturdays, the DigiByte will change with a percentage below the 0.44%.

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 1.92% 1.64% 0.27% to 3.56%
Monday 0.74% 0.83% -0.09% to 1.57%
Tuesday 1.18% 0.98% 0.20% to 2.16%
Wednesday 1.42% 1.62% -0.20% to 3.05%
Thursday 0.24% 0.75% -0.51% to 0.99%
Friday 2.50% 2.95% -0.46% to 5.45%
Saturday 1.42% 0.99% 0.44% to 2.41%