Digitex Futures (DGTX)

Current price: $ 0.04

24 hours price change: $ 0.001252 (3.42%)

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 September 15th, 2019 to October 14th, 2019.

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 09/15/2019 and 10/14/2019.

According to the performance of Digitex Futures between September 15th, 2019 and October 14th, 2019, Digitex Futures performed the best on Tuesdays. On average, the price of Digitex Futures increased 2.08% on Tuesday.

The weekday on which the Digitex Futures performed the worst, is Monday. On Mondays, the Digitex Futures declined in value on average by -3.16%.

Digitex Futures weekday performance

It is hard to tell whether the Digitex Futures will increase or decrease in value on an average Sunday. The average change on a Sunday for the Digitex Futures is -0.20%. However, the standard deviation on this weekday is 1.82%. This means that on most Sundays, the change in value of the Digitex Futures is between -2.02% and 1.62%.

The decrease in value of the Digitex Futures is -3.16% on an average Monday. The uncertainty of the average change is high for the Digitex Futures on Mondays. This means that it is hard to tell whether the Digitex Futures will decrease or increase in value on an average Monday. If we look at the 68% range of the Digitex Futures, we see that on 68% of the Mondays, the expected change of the Digitex Futures is between -9.58% and 3.26%.

On an average Tuesday the Digitex Futures shows a high increase in value, namely 2.08%. The standard deviation is below the average increase percentage (standard deviation is 1.69%), meaning that on 68% of the Tuesdays the Digitex Futures will increase with a percentage between 0.39% and 3.77%. This also means that, on average, on 16 percent of the Tuesdays, the Digitex Futures will increase with a percentage above this range. On the other 16% of the Tuesdays, the Digitex Futures will change with a percentage below the 0.39%.

Historical performance on Wednesday 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 Wednesday with 0.78%. However, the uncertainty of this increase is high. The expected change in value of the Digitex Futures on a Wednesday is between -2.39% and 3.94% (see also the table below).

On Thursdays, the Digitex Futures decreases in value on average with -0.74%. On most of the Thursdays the Digitex Futures decreases in value between -2.38% and 0.90%. The uncertainty (1.64%) is higher than the average decline percentage (-0.74%). Therefore, expected range of price changes of the Digitex Futures on Thursdays is large.

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 -0.10%. However, the standard deviation on this weekday is 0.31%. This means that on most Fridays, the change in value of the Digitex Futures is between -0.41% and 0.21%.

Allthough the Digitex Futures decreases in value with -0.38% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Digitex Futures on Saturdays is 1.55%. This means that the expected change of the value of Digitex Futures is between -1.93% and 1.17% on 68 out of 100 Saturdays.

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 -0.20% 1.82% -2.02% to 1.62%
Monday -3.16% 6.42% -9.58% to 3.26%
Tuesday 2.08% 1.69% 0.39% to 3.77%
Wednesday 0.78% 3.17% -2.39% to 3.94%
Thursday -0.74% 1.64% -2.38% to 0.90%
Friday -0.10% 0.31% -0.41% to 0.21%
Saturday -0.38% 1.55% -1.93% to 1.17%