DigiByte (DGB)

Current price: $ 0.01

24 hours price change: $ -0.000530 (-4.02%)

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 15th, 2022 to August 15th, 2022.

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 07/15/2022 and 08/15/2022.

According to the performance of DigiByte between July 15th, 2022 and August 15th, 2022, DigiByte performed the best on Tuesdays. On average, the price of DigiByte increased 0.53% on Tuesday.

The weekday on which the DigiByte performed the worst, is Friday. On Fridays, the DigiByte declined in value on average by -0.38%.

DigiByte weekday performance

It is hard to tell whether the DigiByte will increase or decrease in value on an average Sunday. The average change on a Sunday for the DigiByte is -0.03%. However, the standard deviation on this weekday is 0.07%. This means that on most Sundays, the change in value of the DigiByte is between -0.11% and 0.04%.

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 -0.02%. However, the standard deviation on this weekday is 0.03%. This means that on most Mondays, the change in value of the DigiByte is between -0.05% and 0.01%.

On an average Tuesday, the DigiByte increased 0.53%. However, since the expected deviation is 0.92%, the DigiByte will decline in value on a Tuesday quiet regularly. The expected price change of the DigiByte on a Tuesday is between -0.39% and 1.46%.

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 -0.02%. However, the standard deviation on this weekday is 0.03%. This means that on most Wednesdays, the change in value of the DigiByte is between -0.05% and 0.01%.

DigiByte increased in value on an average Thursday only slightly. The average increase in value of the DigiByte was 0.02%. 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 (0.04%). This means that on 68 percent of the Thursdays, the change in price of the DigiByte is expected to be in the range of -0.02% and 0.06%.

Allthough the DigiByte decreases in value with -0.38% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of DigiByte on Fridays is 0.74%. This means that the expected change of the value of DigiByte is between -1.12% and 0.36% on 68 out of 100 Fridays.

DigiByte increased in value on an average Saturday only slightly. The average increase in value of the DigiByte was 0.04%. 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 (0.07%). This means that on 68 percent of the Saturdays, the change in price of the DigiByte is expected to be in the range of -0.03% and 0.11%.

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 -0.03% 0.07% -0.11% to 0.04%
Monday -0.02% 0.03% -0.05% to 0.01%
Tuesday 0.53% 0.92% -0.39% to 1.46%
Wednesday -0.02% 0.03% -0.05% to 0.01%
Thursday 0.02% 0.04% -0.02% to 0.06%
Friday -0.38% 0.74% -1.12% to 0.36%
Saturday 0.04% 0.07% -0.03% to 0.11%
 

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