Digitex Futures (DGTX)

Current price: $ 0.05

24 hours price change: $ 0.000915 (1.91%)

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 April 20th, 2019 to October 19th, 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 04/20/2019 and 10/19/2019.

According to the performance of Digitex Futures between April 20th, 2019 and October 19th, 2019, Digitex Futures performed the best on Sundays. On average, the price of Digitex Futures increased 4.38% on Sunday.

The weekday on which the Digitex Futures performed the worst, is Thursday. On Thursdays, the Digitex Futures declined in value on average by -3.52%.

Digitex Futures weekday performance

The increase in value of the Digitex Futures is 4.38% on an average Sunday. However, the uncertainty on the average change is high for the Digitex Futures on Sundays. This is the reason why an expected increase of the Digitex Futures on an average Sunday cannot be predicted. The standard deviation for Digitex Futures on Sundays is high, namely 13.19%. This means that the expected range of value change for the Digitex Futures is -8.81% and 17.57% on 68% of the Sundays.

The Digitex Futures declines in value on an average Monday with -2.52%. However, the uncertainty (or standard deviation) is quite large, namely 8.62%. This means that it is not possible to say whether on a regular Monday the Digitex Futures will increase or decrease in value.

Allthough the Digitex Futures decreases in value with -0.51% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Digitex Futures on Tuesdays is 6.83%. This means that the expected change of the value of Digitex Futures is between -7.34% and 6.32% on 68 out of 100 Tuesdays.

Digitex Futures increased in value on an average Wednesday only slightly. The average increase in value of the Digitex Futures was 0.24%. 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 (7.52%). This means that on 68 percent of the Wednesdays, the change in price of the Digitex Futures is expected to be in the range of -7.27% and 7.76%.

The decrease in value of the Digitex Futures is -3.52% on an average Thursday. The uncertainty of the average change is high for the Digitex Futures on Thursdays. This means that it is hard to tell whether the Digitex Futures will decrease or increase in value on an average Thursday. If we look at the 68% range of the Digitex Futures, we see that on 68% of the Thursdays, the expected change of the Digitex Futures is between -17.96% and 10.93%.

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 -0.05%. However, the standard deviation on this weekday is 4.20%. This means that on most Fridays, the change in value of the Digitex Futures is between -4.25% and 4.16%.

On an average Saturday the Digitex Futures shows an increase in value of 2.45%. However, the change of Digitex Futures on most of the Saturdays is between -6.66% and 11.57%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Digitex Futuress.

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 4.38% 13.19% -8.81% to 17.57%
Monday -2.52% 8.62% -11.14% to 6.10%
Tuesday -0.51% 6.83% -7.34% to 6.32%
Wednesday 0.24% 7.52% -7.27% to 7.76%
Thursday -3.52% 14.44% -17.96% to 10.93%
Friday -0.05% 4.20% -4.25% to 4.16%
Saturday 2.45% 9.12% -6.66% to 11.57%