Dimension Chain (EON)

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Daily analysis of Dimension Chain (EON) - all

The performance of Dimension Chain regarding the price differs every day. To make the best decision to buy Dimension Chain, we are analysis in this article the performance of Dimension Chain on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on January 8th, 2020 to July 2nd, 2020.

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

Average daily change in price of Dimension Chain per weekday between 01/08/2020 and 07/02/2020.

According to the performance of Dimension Chain between January 8th, 2020 and July 2nd, 2020, Dimension Chain performed the best on Wednesdays. On average, the price of Dimension Chain increased 0.72% on Wednesday.

The weekday on which the Dimension Chain performed the worst, is Friday. On Fridays, the Dimension Chain rose in value on average by 0.27%. The price still increased on Fridays, allthough it was the smallest increase of all days on average.

Dimension Chain weekday performance

On an average Sunday, the Dimension Chain increased 0.46%. However, since the expected deviation is 1.32%, the Dimension Chain will decline in value on a Sunday quiet regularly. The expected price change of the Dimension Chain on a Sunday is between -0.86% and 1.77%.

Historical performance on Monday do not show an increase in value of the Dimension Chain on which a prediction can be made. The Dimension Chain increased in value on average on an average Monday with 0.64%. However, the uncertainty of this increase is high. The expected change in value of the Dimension Chain on a Monday is between -0.45% and 1.73% (see also the table below).

Historical performance on Tuesday do not show an increase in value of the Dimension Chain on which a prediction can be made. The Dimension Chain increased in value on average on an average Tuesday with 0.61%. However, the uncertainty of this increase is high. The expected change in value of the Dimension Chain on a Tuesday is between -0.27% and 1.49% (see also the table below).

Historical performance on Wednesday do not show an increase in value of the Dimension Chain on which a prediction can be made. The Dimension Chain increased in value on average on an average Wednesday with 0.72%. However, the uncertainty of this increase is high. The expected change in value of the Dimension Chain on a Wednesday is between -0.51% and 1.95% (see also the table below).

On an average Thursday, the Dimension Chain increased 0.52%. However, since the expected deviation is 1.33%, the Dimension Chain will decline in value on a Thursday quiet regularly. The expected price change of the Dimension Chain on a Thursday is between -0.81% and 1.85%.

Dimension Chain increased in value on an average Friday only slightly. The average increase in value of the Dimension Chain was 0.27%. Allthough the Dimension Chain closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.00%). This means that on 68 percent of the Fridays, the change in price of the Dimension Chain is expected to be in the range of -0.73% and 1.26%.

On an average Saturday, the Dimension Chain increased 0.36%. However, since the expected deviation is 0.93%, the Dimension Chain will decline in value on a Saturday quiet regularly. The expected price change of the Dimension Chain on a Saturday is between -0.57% and 1.30%.

Dimension Chain weekday performance details

Find below the details of the performance of Dimension Chain 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 0.46% 1.32% -0.86% to 1.77%
Monday 0.64% 1.09% -0.45% to 1.73%
Tuesday 0.61% 0.88% -0.27% to 1.49%
Wednesday 0.72% 1.23% -0.51% to 1.95%
Thursday 0.52% 1.33% -0.81% to 1.85%
Friday 0.27% 1.00% -0.73% to 1.26%
Saturday 0.36% 0.93% -0.57% to 1.30%
 

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