Digitex Futures (DGTX)

Current price: $ 0.006484

24 hours price change: $ -0.000728 (-10.09%)

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 May 13th, 2021 to June 13th, 2021.

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 05/13/2021 and 06/13/2021.

According to the performance of Digitex Futures between May 13th, 2021 and June 13th, 2021, Digitex Futures performed the best on Mondays. On average, the price of Digitex Futures increased 3.13% on Monday.

The weekday on which the Digitex Futures performed the worst, is Friday. On Fridays, the Digitex Futures declined in value on average by -1.47%.

Digitex Futures weekday performance

Digitex Futures increased in value on an average Sunday only slightly. The average increase in value of the Digitex Futures was 0.23%. Allthough the Digitex Futures closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.38%). This means that on 68 percent of the Sundays, the change in price of the Digitex Futures is expected to be in the range of -0.14% and 0.61%.

The increase in value of the Digitex Futures is 3.13% on an average Monday. However, the uncertainty on the average change is high for the Digitex Futures on Mondays. This is the reason why an expected increase of the Digitex Futures on an average Monday cannot be predicted. The standard deviation for Digitex Futures on Mondays is high, namely 4.75%. This means that the expected range of value change for the Digitex Futures is -1.62% and 7.88% on 68% of the Mondays.

It is hard to tell whether the Digitex Futures will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Digitex Futures is -0.02%. However, the standard deviation on this weekday is 0.60%. This means that on most Tuesdays, the change in value of the Digitex Futures is between -0.63% and 0.58%.

On an average Wednesday the Digitex Futures shows an increase in value of 2.02%. However, the change of Digitex Futures on most of the Wednesdays is between -1.15% and 5.19%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Digitex Futuress.

The Digitex Futures declines in value on an average Thursday with -1.22%. However, the uncertainty (or standard deviation) is quite large, namely 2.62%. This means that it is not possible to say whether on a regular Thursday the Digitex Futures will increase or decrease in value.

The Digitex Futures declines in value on an average Friday with -1.47%. However, the uncertainty (or standard deviation) is quite large, namely 2.63%. This means that it is not possible to say whether on a regular Friday the Digitex Futures will increase or decrease in value.

On Saturdays, the Digitex Futures decreases in value on average with -0.80%. On most of the Saturdays the Digitex Futures decreases in value between -2.34% and 0.74%. The uncertainty (1.54%) is higher than the average decline percentage (-0.80%). Therefore, expected range of price changes of the Digitex Futures on Saturdays is large.

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 0.23% 0.38% -0.14% to 0.61%
Monday 3.13% 4.75% -1.62% to 7.88%
Tuesday -0.02% 0.60% -0.63% to 0.58%
Wednesday 2.02% 3.17% -1.15% to 5.19%
Thursday -1.22% 2.62% -3.84% to 1.40%
Friday -1.47% 2.63% -4.10% to 1.16%
Saturday -0.80% 1.54% -2.34% to 0.74%
 

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