DigixDAO (DGD)

Current price: $ 79.32

24 hours price change: $ -0.16 (-0.21%)

Daily analysis of DigixDAO (DGD) - 1 year

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 year, starting on October 23rd, 2019 to October 23rd, 2020.

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 10/23/2019 and 10/23/2020.

According to the performance of DigixDAO between October 23rd, 2019 and October 23rd, 2020, DigixDAO performed the best on Sundays. On average, the price of DigixDAO increased 0.17% on Sunday.

The weekday on which the DigixDAO performed the worst, is Thursday. On Thursdays, the DigixDAO declined in value on average by -0.08%.

DigixDAO weekday performance

DigixDAO increased in value on an average Sunday only slightly. The average increase in value of the DigixDAO was 0.17%. 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 (1.26%). This means that on 68 percent of the Sundays, the change in price of the DigixDAO is expected to be in the range of -1.08% and 1.43%.

DigixDAO increased in value on an average Monday only slightly. The average increase in value of the DigixDAO was 0.08%. 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 (0.91%). This means that on 68 percent of the Mondays, the change in price of the DigixDAO is expected to be in the range of -0.82% and 0.99%.

It is hard to tell whether the DigixDAO will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the DigixDAO is -0.01%. However, the standard deviation on this weekday is 1.01%. This means that on most Tuesdays, the change in value of the DigixDAO is between -1.01% and 1.00%.

It is hard to tell whether the DigixDAO will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the DigixDAO is -0.07%. However, the standard deviation on this weekday is 0.79%. This means that on most Wednesdays, the change in value of the DigixDAO is between -0.86% and 0.71%.

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 -0.08%. However, the standard deviation on this weekday is 0.63%. This means that on most Thursdays, the change in value of the DigixDAO is between -0.71% and 0.56%.

DigixDAO increased in value on an average Friday 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 (0.68%). This means that on 68 percent of the Fridays, the change in price of the DigixDAO is expected to be in the range of -0.64% and 0.72%.

DigixDAO increased in value on an average Saturday only slightly. The average increase in value of the DigixDAO was 0.03%. 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 (0.64%). This means that on 68 percent of the Saturdays, the change in price of the DigixDAO is expected to be in the range of -0.61% and 0.68%.

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 0.17% 1.26% -1.08% to 1.43%
Monday 0.08% 0.91% -0.82% to 0.99%
Tuesday -0.01% 1.01% -1.01% to 1.00%
Wednesday -0.07% 0.79% -0.86% to 0.71%
Thursday -0.08% 0.63% -0.71% to 0.56%
Friday 0.04% 0.68% -0.64% to 0.72%
Saturday 0.03% 0.64% -0.61% to 0.68%
 

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