Digitex Futures (DGTX)

Current price: $ 0.04

24 hours price change: $ -0.000670 (-1.54%)

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 December 1st, 2019 to May 31st, 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 12/01/2019 and 05/31/2020.

According to the performance of Digitex Futures between December 1st, 2019 and May 31st, 2020, Digitex Futures performed the best on Mondays. On average, the price of Digitex Futures increased 0.29% on Monday.

The weekday on which the Digitex Futures performed the worst, is Friday. On Fridays, the Digitex Futures declined in value on average by -0.68%.

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 -0.16%. However, the standard deviation on this weekday is 1.47%. This means that on most Sundays, the change in value of the Digitex Futures is between -1.63% and 1.31%.

Digitex Futures increased in value on an average Monday only slightly. The average increase in value of the Digitex Futures was 0.29%. 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 (1.08%). This means that on 68 percent of the Mondays, the change in price of the Digitex Futures is expected to be in the range of -0.80% and 1.37%.

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 -0.20%. However, the standard deviation on this weekday is 1.47%. This means that on most Tuesdays, the change in value of the Digitex Futures is between -1.67% and 1.27%.

Allthough the Digitex Futures decreases in value with -0.57% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Digitex Futures on Wednesdays is 1.19%. This means that the expected change of the value of Digitex Futures is between -1.75% and 0.62% 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 -0.23%. However, the standard deviation on this weekday is 1.02%. This means that on most Thursdays, the change in value of the Digitex Futures is between -1.25% and 0.79%.

On Fridays, the Digitex Futures decreases in value on average with -0.68%. On most of the Fridays the Digitex Futures decreases in value between -2.02% and 0.65%. The uncertainty (1.33%) is higher than the average decline percentage (-0.68%). Therefore, expected range of price changes of the Digitex Futures on Fridays is large.

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 -0.08%. However, the standard deviation on this weekday is 0.86%. This means that on most Saturdays, the change in value of the Digitex Futures is between -0.94% and 0.78%.

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 -0.16% 1.47% -1.63% to 1.31%
Monday 0.29% 1.08% -0.80% to 1.37%
Tuesday -0.20% 1.47% -1.67% to 1.27%
Wednesday -0.57% 1.19% -1.75% to 0.62%
Thursday -0.23% 1.02% -1.25% to 0.79%
Friday -0.68% 1.33% -2.02% to 0.65%
Saturday -0.08% 0.86% -0.94% to 0.78%
 

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