DigixDAO (DGD)

Current price: $ 539.89

24 hours price change: $ -33.33 (-5.81%)

Daily analysis of DigixDAO (DGD) - 1 month

The performance of DigixDAO regarding the price differs every day. To make the best decision to buy DigixDAO, we are analysis in this article the performance of DigixDAO on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on August 28th, 2021 to September 28th, 2021.

In the barchart below, the weekdays and average performance of DigixDAO are shown side by side.

Average daily change in price of DigixDAO per weekday between 08/28/2021 and 09/28/2021.

According to the performance of DigixDAO between August 28th, 2021 and September 28th, 2021, DigixDAO performed the best on Tuesdays. On average, the price of DigixDAO increased 1.09% on Tuesday.

The weekday on which the DigixDAO performed the worst, is Thursday. On Thursdays, the DigixDAO declined in value on average by -0.04%.

DigixDAO weekday performance

It is hard to tell whether the DigixDAO will increase or decrease in value on an average Sunday. The average change on a Sunday for the DigixDAO is -0.04%. However, the standard deviation on this weekday is 0.06%. This means that on most Sundays, the change in value of the DigixDAO is between -0.10% and 0.02%.

It is hard to tell whether the DigixDAO will increase or decrease in value on an average Monday. The average change on a Monday for the DigixDAO is -0.01%. However, the standard deviation on this weekday is 0.17%. This means that on most Mondays, the change in value of the DigixDAO is between -0.18% and 0.16%.

On an average Tuesday the DigixDAO shows an increase in value of 1.09%. However, the change of DigixDAO on most of the Tuesdays is between -1.21% and 3.39%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying DigixDAOs.

On an average Wednesday, the DigixDAO increased 0.43%. However, since the expected deviation is 0.44%, the DigixDAO will decline in value on a Wednesday quiet regularly. The expected price change of the DigixDAO on a Wednesday is between -0.01% and 0.87%.

It is hard to tell whether the DigixDAO will increase or decrease in value on an average Thursday. The average change on a Thursday for the DigixDAO is -0.04%. However, the standard deviation on this weekday is 0.04%. This means that on most Thursdays, the change in value of the DigixDAO is between -0.08% and 0.00%.

The DigixDAO will almost not change or only slightly increase in value on an average Friday. The average change of the DigixDAO on Fridays is 0.03%. The standard deviation of the DigixDAO is 0.02%, which means that in 68% of the Fridays, the range of the change of the DigixDAO is 0.02% and 0.05%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.

DigixDAO increased in value on an average Saturday only slightly. The average increase in value of the DigixDAO was 0.04%. Allthough the DigixDAO closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.20%). This means that on 68 percent of the Saturdays, the change in price of the DigixDAO is expected to be in the range of -0.16% and 0.23%.

DigixDAO weekday performance details

Find below the details of the performance of DigixDAO 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 -0.04% 0.06% -0.10% to 0.02%
Monday -0.01% 0.17% -0.18% to 0.16%
Tuesday 1.09% 2.30% -1.21% to 3.39%
Wednesday 0.43% 0.44% -0.01% to 0.87%
Thursday -0.04% 0.04% -0.08% to 0.00%
Friday 0.03% 0.02% 0.02% to 0.05%
Saturday 0.04% 0.20% -0.16% to 0.23%
 

About Us

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.