DigiByte (DGB)

Current price: $ 0.008419

24 hours price change: $ -0.000200 (-2.33%)

Daily analysis of DigiByte (DGB) - 1 year

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 year, starting on September 22nd, 2018 to September 21st, 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 09/22/2018 and 09/21/2019.

According to the performance of DigiByte between September 22nd, 2018 and September 21st, 2019, DigiByte performed the best on Fridays. On average, the price of DigiByte increased 1.13% on Friday.

The weekday on which the DigiByte performed the worst, is Wednesday. On Wednesdays, the DigiByte declined in value on average by -1.97%.

DigiByte weekday performance

On Sundays, the DigiByte decreases in value on average with -0.81%. On most of the Sundays the DigiByte decreases in value between -7.39% and 5.76%. The uncertainty (6.58%) is higher than the average decline percentage (-0.81%). Therefore, expected range of price changes of the DigiByte on Sundays is large.

Allthough the DigiByte decreases in value with -0.44% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of DigiByte on Mondays is 6.36%. This means that the expected change of the value of DigiByte is between -6.80% and 5.92% on 68 out of 100 Mondays.

Historical performance on Tuesday 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 Tuesday with 0.74%. However, the uncertainty of this increase is high. The expected change in value of the DigiByte on a Tuesday is between -6.75% and 8.24% (see also the table below).

The DigiByte declines in value on an average Wednesday with -1.97%. However, the uncertainty (or standard deviation) is quite large, namely 5.39%. This means that it is not possible to say whether on a regular Wednesday the DigiByte will increase or decrease in value.

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 -3.61% and 5.48% (see also the table below).

On an average Friday the DigiByte shows an increase in value of 1.13%. However, the change of DigiByte on most of the Fridays is between -4.41% and 6.67%. Therefore it is hard to tell whether an average Friday is a good day to start buying DigiBytes.

Allthough the DigiByte decreases in value with -0.56% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of DigiByte on Saturdays is 5.69%. This means that the expected change of the value of DigiByte is between -6.25% and 5.12% on 68 out of 100 Saturdays.

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 -0.81% 6.58% -7.39% to 5.76%
Monday -0.44% 6.36% -6.80% to 5.92%
Tuesday 0.74% 7.50% -6.75% to 8.24%
Wednesday -1.97% 5.39% -7.36% to 3.43%
Thursday 0.94% 4.55% -3.61% to 5.48%
Friday 1.13% 5.54% -4.41% to 6.67%
Saturday -0.56% 5.69% -6.25% to 5.12%