DigiByte (DGB)

Current price: $ 0.01

24 hours price change: $ 0.000013 (0.11%)

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 September 1st, 2023 to March 1st, 2024.

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 09/01/2023 and 03/01/2024.

According to the performance of DigiByte between September 1st, 2023 and March 1st, 2024, DigiByte performed the best on Mondays. On average, the price of DigiByte increased 0.64% on Monday.

The weekday on which the DigiByte performed the worst, is Tuesday. On Tuesdays, the DigiByte declined in value on average by -0.12%.

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 -0.10%. However, the standard deviation on this weekday is 0.73%. This means that on most Sundays, the change in value of the DigiByte is between -0.83% and 0.63%.

Historical performance on Monday 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 Monday with 0.64%. However, the uncertainty of this increase is high. The expected change in value of the DigiByte on a Monday is between -0.89% and 2.18% (see also the table below).

It is hard to tell whether the DigiByte will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the DigiByte is -0.12%. However, the standard deviation on this weekday is 1.54%. This means that on most Tuesdays, the change in value of the DigiByte is between -1.66% and 1.42%.

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 -0.06%. However, the standard deviation on this weekday is 1.26%. This means that on most Wednesdays, the change in value of the DigiByte is between -1.32% and 1.20%.

DigiByte increased in value on an average Thursday only slightly. The average increase in value of the DigiByte was 0.00%. 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 (0.93%). This means that on 68 percent of the Thursdays, the change in price of the DigiByte is expected to be in the range of -0.93% and 0.93%.

DigiByte increased in value on an average Friday only slightly. The average increase in value of the DigiByte was 0.11%. 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 (1.09%). This means that on 68 percent of the Fridays, the change in price of the DigiByte is expected to be in the range of -0.98% and 1.20%.

It is hard to tell whether the DigiByte will increase or decrease in value on an average Saturday. The average change on a Saturday for the DigiByte is -0.11%. However, the standard deviation on this weekday is 1.42%. This means that on most Saturdays, the change in value of the DigiByte is between -1.54% and 1.31%.

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 -0.10% 0.73% -0.83% to 0.63%
Monday 0.64% 1.54% -0.89% to 2.18%
Tuesday -0.12% 1.54% -1.66% to 1.42%
Wednesday -0.06% 1.26% -1.32% to 1.20%
Thursday 0.00% 0.93% -0.93% to 0.93%
Friday 0.11% 1.09% -0.98% to 1.20%
Saturday -0.11% 1.42% -1.54% to 1.31%
 

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