Digitex Futures (DGTX)

Current price: $ 0.03

24 hours price change: $ 0.000758 (2.67%)

Daily analysis of Digitex Futures (DGTX) - 1 month

The performance of Digitex Futures regarding the price differs every day. To make the best decision to buy Digitex Futures, we are analysis in this article the performance of Digitex Futures on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on October 24th, 2020 to November 24th, 2020.

In the barchart below, the weekdays and average performance of Digitex Futures are shown side by side.

Average daily change in price of Digitex Futures per weekday between 10/24/2020 and 11/24/2020.

According to the performance of Digitex Futures between October 24th, 2020 and November 24th, 2020, Digitex Futures performed the best on Tuesdays. On average, the price of Digitex Futures increased 3.24% on Tuesday.

The weekday on which the Digitex Futures performed the worst, is Sunday. On Sundays, the Digitex Futures declined in value on average by -0.39%.

Digitex Futures weekday performance

Allthough the Digitex Futures decreases in value with -0.39% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Digitex Futures on Sundays is 1.59%. This means that the expected change of the value of Digitex Futures is between -1.98% and 1.20% on 68 out of 100 Sundays.

On an average Monday, the Digitex Futures increased 0.55%. However, since the expected deviation is 0.64%, the Digitex Futures will decline in value on a Monday quiet regularly. The expected price change of the Digitex Futures on a Monday is between -0.09% and 1.19%.

The increase in value of the Digitex Futures is 3.24% on an average Tuesday. However, the uncertainty on the average change is high for the Digitex Futures on Tuesdays. This is the reason why an expected increase of the Digitex Futures on an average Tuesday cannot be predicted. The standard deviation for Digitex Futures on Tuesdays is high, namely 4.11%. This means that the expected range of value change for the Digitex Futures is -0.86% and 7.35% on 68% of the Tuesdays.

Allthough the Digitex Futures decreases in value with -0.33% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Digitex Futures on Wednesdays is 0.57%. This means that the expected change of the value of Digitex Futures is between -0.89% and 0.24% on 68 out of 100 Wednesdays.

Historical performance on Thursday do not show an increase in value of the Digitex Futures on which a prediction can be made. The Digitex Futures increased in value on average on an average Thursday with 0.81%. However, the uncertainty of this increase is high. The expected change in value of the Digitex Futures on a Thursday is between -0.03% and 1.65% (see also the table below).

It is hard to tell whether the Digitex Futures will increase or decrease in value on an average Friday. The average change on a Friday for the Digitex Futures is -0.26%. However, the standard deviation on this weekday is 0.86%. This means that on most Fridays, the change in value of the Digitex Futures is between -1.12% and 0.60%.

On an average Saturday, the Digitex Futures increased 0.33%. However, since the expected deviation is 1.33%, the Digitex Futures will decline in value on a Saturday quiet regularly. The expected price change of the Digitex Futures on a Saturday is between -1.00% and 1.66%.

Digitex Futures weekday performance details

Find below the details of the performance of Digitex Futures 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 -0.39% 1.59% -1.98% to 1.20%
Monday 0.55% 0.64% -0.09% to 1.19%
Tuesday 3.24% 4.11% -0.86% to 7.35%
Wednesday -0.33% 0.57% -0.89% to 0.24%
Thursday 0.81% 0.84% -0.03% to 1.65%
Friday -0.26% 0.86% -1.12% to 0.60%
Saturday 0.33% 1.33% -1.00% to 1.66%
 

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