Digitex Futures (DGTX)

Current price: $ 0.04

24 hours price change: $ -0.001769 (-4.00%)

Daily analysis of Digitex Futures (DGTX) - 1 year

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 year, starting on June 5th, 2019 to June 4th, 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 06/05/2019 and 06/04/2020.

According to the performance of Digitex Futures between June 5th, 2019 and June 4th, 2020, Digitex Futures performed the best on Sundays. On average, the price of Digitex Futures increased 2.14% on Sunday.

The weekday on which the Digitex Futures performed the worst, is Monday. On Mondays, the Digitex Futures declined in value on average by -0.85%.

Digitex Futures weekday performance

On an average Sunday the Digitex Futures shows an increase in value of 2.14%. However, the change of Digitex Futures on most of the Sundays is between -6.31% and 10.59%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Digitex Futuress.

On Mondays, the Digitex Futures decreases in value on average with -0.85%. On most of the Mondays the Digitex Futures decreases in value between -5.28% and 3.58%. The uncertainty (4.43%) is higher than the average decline percentage (-0.85%). Therefore, expected range of price changes of the Digitex Futures on Mondays is large.

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 -0.09%. However, the standard deviation on this weekday is 4.29%. This means that on most Tuesdays, the change in value of the Digitex Futures is between -4.38% and 4.20%.

On Wednesdays, the Digitex Futures decreases in value on average with -0.76%. On most of the Wednesdays the Digitex Futures decreases in value between -4.59% and 3.07%. The uncertainty (3.83%) is higher than the average decline percentage (-0.76%). Therefore, expected range of price changes of the Digitex Futures on Wednesdays is large.

Digitex Futures increased in value on an average Thursday only slightly. The average increase in value of the Digitex Futures was 0.00%. 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 (2.69%). This means that on 68 percent of the Thursdays, the change in price of the Digitex Futures is expected to be in the range of -2.68% and 2.69%.

Allthough the Digitex Futures decreases in value with -0.37% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Digitex Futures on Fridays is 3.07%. This means that the expected change of the value of Digitex Futures is between -3.44% and 2.70% on 68 out of 100 Fridays.

Digitex Futures increased in value on an average Saturday only slightly. The average increase in value of the Digitex Futures was 0.22%. 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 (4.21%). This means that on 68 percent of the Saturdays, the change in price of the Digitex Futures is expected to be in the range of -3.99% and 4.43%.

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 2.14% 8.45% -6.31% to 10.59%
Monday -0.85% 4.43% -5.28% to 3.58%
Tuesday -0.09% 4.29% -4.38% to 4.20%
Wednesday -0.76% 3.83% -4.59% to 3.07%
Thursday 0.00% 2.69% -2.68% to 2.69%
Friday -0.37% 3.07% -3.44% to 2.70%
Saturday 0.22% 4.21% -3.99% to 4.43%
 

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