Digitex Futures (DGTX)

Current price: $ 0.02

24 hours price change: $ 0.000557 (3.57%)

Daily analysis of Digitex Futures (DGTX) - 6 months

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 6 months, starting on October 19th, 2020 to April 19th, 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 10/19/2020 and 04/19/2021.

According to the performance of Digitex Futures between October 19th, 2020 and April 19th, 2021, Digitex Futures performed the best on Tuesdays. On average, the price of Digitex Futures increased 3.19% on Tuesday.

The weekday on which the Digitex Futures performed the worst, is Wednesday. On Wednesdays, the Digitex Futures declined in value on average by -1.38%.

Digitex Futures weekday performance

Allthough the Digitex Futures decreases in value with -0.51% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Digitex Futures on Sundays is 4.81%. This means that the expected change of the value of Digitex Futures is between -5.32% and 4.30% on 68 out of 100 Sundays.

It is hard to tell whether the Digitex Futures will increase or decrease in value on an average Monday. The average change on a Monday for the Digitex Futures is -0.04%. However, the standard deviation on this weekday is 4.32%. This means that on most Mondays, the change in value of the Digitex Futures is between -4.36% and 4.28%.

The increase in value of the Digitex Futures is 3.19% 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 8.39%. This means that the expected range of value change for the Digitex Futures is -5.19% and 11.58% on 68% of the Tuesdays.

The Digitex Futures declines in value on an average Wednesday with -1.38%. However, the uncertainty (or standard deviation) is quite large, namely 4.49%. This means that it is not possible to say whether on a regular Wednesday the Digitex Futures will increase or decrease in value.

It is hard to tell whether the Digitex Futures will increase or decrease in value on an average Thursday. The average change on a Thursday for the Digitex Futures is -0.30%. However, the standard deviation on this weekday is 2.64%. This means that on most Thursdays, the change in value of the Digitex Futures is between -2.94% and 2.34%.

On an average Friday, the Digitex Futures increased 0.51%. However, since the expected deviation is 8.25%, the Digitex Futures will decline in value on a Friday quiet regularly. The expected price change of the Digitex Futures on a Friday is between -7.74% and 8.76%.

It is hard to tell whether the Digitex Futures will increase or decrease in value on an average Saturday. The average change on a Saturday for the Digitex Futures is -0.14%. However, the standard deviation on this weekday is 4.63%. This means that on most Saturdays, the change in value of the Digitex Futures is between -4.77% and 4.50%.

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 -0.51% 4.81% -5.32% to 4.30%
Monday -0.04% 4.32% -4.36% to 4.28%
Tuesday 3.19% 8.39% -5.19% to 11.58%
Wednesday -1.38% 4.49% -5.86% to 3.11%
Thursday -0.30% 2.64% -2.94% to 2.34%
Friday 0.51% 8.25% -7.74% to 8.76%
Saturday -0.14% 4.63% -4.77% to 4.50%
 

We use cookies on our website. Some of them are essential for the operation of the site, while others help us to improve this site and the user experience (tracking cookies). You can decide for yourself whether you want to allow cookies or not. Please note that if you reject them, you may not be able to use all the functionalities of the site.