DigiByte (DGB)

Current price: $ 0.008417

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

Daily analysis of DigiByte (DGB) - 6 months

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 6 months, starting on March 22nd, 2019 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 03/22/2019 and 09/21/2019.

According to the performance of DigiByte between March 22nd, 2019 and September 21st, 2019, DigiByte performed the best on Fridays. On average, the price of DigiByte increased 1.39% on Friday.

The weekday on which the DigiByte performed the worst, is Wednesday. On Wednesdays, the DigiByte declined in value on average by -1.86%.

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 -0.08%. However, the standard deviation on this weekday is 5.78%. This means that on most Sundays, the change in value of the DigiByte is between -5.87% and 5.70%.

The DigiByte declines in value on an average Monday with -1.15%. However, the uncertainty (or standard deviation) is quite large, namely 6.48%. This means that it is not possible to say whether on a regular Monday the DigiByte will increase or decrease in value.

On an average Tuesday the DigiByte shows an increase in value of 1.27%. However, the change of DigiByte on most of the Tuesdays is between -7.68% and 10.22%. 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 -1.86%. However, the uncertainty (or standard deviation) is quite large, namely 4.99%. 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 0.78%. However, the uncertainty of this increase is high. The expected change in value of the DigiByte on a Thursday is between -2.26% and 3.82% (see also the table below).

On an average Friday the DigiByte shows an increase in value of 1.39%. However, the change of DigiByte on most of the Fridays is between -5.05% and 7.83%. Therefore it is hard to tell whether an average Friday is a good day to start buying DigiBytes.

On Saturdays, the DigiByte decreases in value on average with -0.76%. On most of the Saturdays the DigiByte decreases in value between -7.61% and 6.10%. The uncertainty (6.86%) is higher than the average decline percentage (-0.76%). Therefore, expected range of price changes of the DigiByte on Saturdays is large.

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 -0.08% 5.78% -5.87% to 5.70%
Monday -1.15% 6.48% -7.63% to 5.33%
Tuesday 1.27% 8.95% -7.68% to 10.22%
Wednesday -1.86% 4.99% -6.85% to 3.14%
Thursday 0.78% 3.04% -2.26% to 3.82%
Friday 1.39% 6.44% -5.05% to 7.83%
Saturday -0.76% 6.86% -7.61% to 6.10%