DigiByte (DGB)

Current price: $ 0.03

24 hours price change: $ 0.000230 (0.88%)

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 August 5th, 2019 to August 5th, 2020.

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 08/05/2019 and 08/05/2020.

According to the performance of DigiByte between August 5th, 2019 and August 5th, 2020, DigiByte performed the best on Wednesdays. On average, the price of DigiByte increased 0.55% on Wednesday.

The weekday on which the DigiByte performed the worst, is Monday. On Mondays, the DigiByte declined in value on average by -0.42%.

DigiByte weekday performance

DigiByte increased in value on an average Sunday only slightly. The average increase in value of the DigiByte was 0.30%. 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 (3.65%). This means that on 68 percent of the Sundays, the change in price of the DigiByte is expected to be in the range of -3.35% and 3.95%.

Allthough the DigiByte decreases in value with -0.42% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of DigiByte on Mondays is 2.91%. This means that the expected change of the value of DigiByte is between -3.33% and 2.49% on 68 out of 100 Mondays.

DigiByte increased in value on an average Tuesday only slightly. The average increase in value of the DigiByte was 0.16%. 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 (2.49%). This means that on 68 percent of the Tuesdays, the change in price of the DigiByte is expected to be in the range of -2.33% and 2.64%.

On an average Wednesday, the DigiByte increased 0.55%. However, since the expected deviation is 2.95%, the DigiByte will decline in value on a Wednesday quiet regularly. The expected price change of the DigiByte on a Wednesday is between -2.40% and 3.50%.

DigiByte increased in value on an average Thursday only slightly. The average increase in value of the DigiByte was 0.05%. 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 (1.69%). This means that on 68 percent of the Thursdays, the change in price of the DigiByte is expected to be in the range of -1.63% and 1.74%.

DigiByte increased in value on an average Friday only slightly. The average increase in value of the DigiByte was 0.27%. 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 (2.77%). This means that on 68 percent of the Fridays, the change in price of the DigiByte is expected to be in the range of -2.50% and 3.04%.

On an average Saturday, the DigiByte increased 0.46%. However, since the expected deviation is 3.05%, the DigiByte will decline in value on a Saturday quiet regularly. The expected price change of the DigiByte on a Saturday is between -2.60% and 3.51%.

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 0.30% 3.65% -3.35% to 3.95%
Monday -0.42% 2.91% -3.33% to 2.49%
Tuesday 0.16% 2.49% -2.33% to 2.64%
Wednesday 0.55% 2.95% -2.40% to 3.50%
Thursday 0.05% 1.69% -1.63% to 1.74%
Friday 0.27% 2.77% -2.50% to 3.04%
Saturday 0.46% 3.05% -2.60% to 3.51%
 

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