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 June 9th, 2023 to December 9th, 2023.
In the barchart below, the weekdays and average performance of Digitex Futures are shown side by side.
According to the performance of Digitex Futures between June 9th, 2023 and December 9th, 2023, Digitex Futures performed the best on Mondays. On average, the price of Digitex Futures increased 0.59% on Monday.
The weekday on which the Digitex Futures performed the worst, is Sunday. On Sundays, the Digitex Futures declined in value on average by -0.56%.
Digitex Futures weekday performance
Allthough the Digitex Futures decreases in value with -0.56% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Digitex Futures on Sundays is 1.48%. This means that the expected change of the value of Digitex Futures is between -2.04% and 0.91% on 68 out of 100 Sundays.
On an average Monday, the Digitex Futures increased 0.59%. However, since the expected deviation is 2.88%, the Digitex Futures will decline in value on a Monday quiet regularly. The expected price change of the Digitex Futures on a Monday is between -2.29% and 3.47%.
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 -0.11%. However, the standard deviation on this weekday is 3.40%. This means that on most Tuesdays, the change in value of the Digitex Futures is between -3.50% and 3.29%.
Allthough the Digitex Futures decreases in value with -0.54% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Digitex Futures on Wednesdays is 2.90%. This means that the expected change of the value of Digitex Futures is between -3.44% and 2.35% on 68 out of 100 Wednesdays.
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 -0.18%. However, the standard deviation on this weekday is 1.32%. This means that on most Thursdays, the change in value of the Digitex Futures is between -1.50% and 1.15%.
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 -0.08%. However, the standard deviation on this weekday is 0.34%. This means that on most Fridays, the change in value of the Digitex Futures is between -0.42% and 0.26%.
Allthough the Digitex Futures decreases in value with -0.39% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Digitex Futures on Saturdays is 1.37%. This means that the expected change of the value of Digitex Futures is between -1.76% and 0.98% 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 | -0.56% | 1.48% | -2.04% to 0.91% |
Monday | 0.59% | 2.88% | -2.29% to 3.47% |
Tuesday | -0.11% | 3.40% | -3.50% to 3.29% |
Wednesday | -0.54% | 2.90% | -3.44% to 2.35% |
Thursday | -0.18% | 1.32% | -1.50% to 1.15% |
Friday | -0.08% | 0.34% | -0.42% to 0.26% |
Saturday | -0.39% | 1.37% | -1.76% to 0.98% |