Dimension Chain (EON)

Current price: $ 0.04

24 hours price change: $ -0.000092 (-0.24%)

Daily analysis of Dimension Chain (EON) - 6 months

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 6 months, starting on January 8th, 2020 to February 23rd, 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 02/23/2020.

According to the performance of Dimension Chain between January 8th, 2020 and February 23rd, 2020, Dimension Chain performed the best on Wednesdays. On average, the price of Dimension Chain increased 0.42% on Wednesday.

The weekday on which the Dimension Chain performed the worst, is Sunday. On Sundays, the Dimension Chain declined in value on average by -0.35%.

Dimension Chain weekday performance

Allthough the Dimension Chain decreases in value with -0.35% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Dimension Chain on Sundays is 0.97%. This means that the expected change of the value of Dimension Chain is between -1.32% and 0.62% on 68 out of 100 Sundays.

Dimension Chain increased in value on an average Monday only slightly. The average increase in value of the Dimension Chain was 0.09%. 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 (1.05%). This means that on 68 percent of the Mondays, the change in price of the Dimension Chain is expected to be in the range of -0.96% and 1.15%.

It is hard to tell whether the Dimension Chain will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Dimension Chain is -0.14%. However, the standard deviation on this weekday is 0.46%. This means that on most Tuesdays, the change in value of the Dimension Chain is between -0.59% and 0.32%.

On an average Wednesday, the Dimension Chain increased 0.42%. However, since the expected deviation is 1.40%, the Dimension Chain will decline in value on a Wednesday quiet regularly. The expected price change of the Dimension Chain on a Wednesday is between -0.98% and 1.83%.

Dimension Chain increased in value on an average Thursday only slightly. The average increase in value of the Dimension Chain was 0.16%. 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 (0.64%). This means that on 68 percent of the Thursdays, the change in price of the Dimension Chain is expected to be in the range of -0.49% and 0.80%.

It is hard to tell whether the Dimension Chain will increase or decrease in value on an average Friday. The average change on a Friday for the Dimension Chain is -0.22%. However, the standard deviation on this weekday is 0.39%. This means that on most Fridays, the change in value of the Dimension Chain is between -0.61% and 0.17%.

Dimension Chain increased in value on an average Saturday only slightly. The average increase in value of the Dimension Chain was 0.01%. 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 (0.41%). This means that on 68 percent of the Saturdays, the change in price of the Dimension Chain is expected to be in the range of -0.40% and 0.43%.

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 -0.35% 0.97% -1.32% to 0.62%
Monday 0.09% 1.05% -0.96% to 1.15%
Tuesday -0.14% 0.46% -0.59% to 0.32%
Wednesday 0.42% 1.40% -0.98% to 1.83%
Thursday 0.16% 0.64% -0.49% to 0.80%
Friday -0.22% 0.39% -0.61% to 0.17%
Saturday 0.01% 0.41% -0.40% to 0.43%
 

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