DigiByte (DGB)

Current price: $ 0.007230

24 hours price change: - (-)

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 November 15th, 2018 to November 14th, 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 11/15/2018 and 11/14/2019.

According to the performance of DigiByte between November 15th, 2018 and November 14th, 2019, DigiByte performed the best on Fridays. On average, the price of DigiByte increased 1.12% on Friday.

The weekday on which the DigiByte performed the worst, is Wednesday. On Wednesdays, the DigiByte declined in value on average by -1.64%.

DigiByte weekday performance

Allthough the DigiByte decreases in value with -0.31% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of DigiByte on Sundays is 6.39%. This means that the expected change of the value of DigiByte is between -6.70% and 6.07% on 68 out of 100 Sundays.

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 -0.16%. However, the standard deviation on this weekday is 6.28%. This means that on most Mondays, the change in value of the DigiByte is between -6.43% and 6.12%.

On an average Tuesday the DigiByte shows an increase in value of 1.00%. However, the change of DigiByte on most of the Tuesdays is between -6.08% and 8.08%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying DigiBytes.

The DigiByte declines in value on an average Wednesday with -1.64%. However, the uncertainty (or standard deviation) is quite large, namely 4.89%. 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 0.88%. However, the uncertainty of this increase is high. The expected change in value of the DigiByte on a Thursday is between -3.47% and 5.23% (see also the table below).

On an average Friday the DigiByte shows an increase in value of 1.12%. However, the change of DigiByte on most of the Fridays is between -4.69% and 6.94%. 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 -0.46% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of DigiByte on Saturdays is 5.73%. This means that the expected change of the value of DigiByte is between -6.18% and 5.27% 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 -0.31% 6.39% -6.70% to 6.07%
Monday -0.16% 6.28% -6.43% to 6.12%
Tuesday 1.00% 7.08% -6.08% to 8.08%
Wednesday -1.64% 4.89% -6.53% to 3.25%
Thursday 0.88% 4.35% -3.47% to 5.23%
Friday 1.12% 5.82% -4.69% to 6.94%
Saturday -0.46% 5.73% -6.18% to 5.27%