Dragon Coins (DRG)

Current price: $ 0.03

24 hours price change: $ -0.000435 (-1.25%)

Daily analysis of Dragon Coins (DRG) - all

The performance of Dragon Coins regarding the price differs every day. To make the best decision to buy Dragon Coins, we are analysis in this article the performance of Dragon Coins on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on April 18th, 2018 to June 5th, 2020.

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

Average daily change in price of Dragon Coins per weekday between 04/18/2018 and 06/05/2020.

According to the performance of Dragon Coins between April 18th, 2018 and June 5th, 2020, Dragon Coins performed the best on Thursdays. On average, the price of Dragon Coins increased 2.02% on Thursday.

The weekday on which the Dragon Coins performed the worst, is Monday. On Mondays, the Dragon Coins declined in value on average by -0.82%.

Dragon Coins weekday performance

On an average Sunday the Dragon Coins shows an increase in value of 1.53%. However, the change of Dragon Coins on most of the Sundays is between -10.04% and 13.11%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Dragon Coinss.

On Mondays, the Dragon Coins decreases in value on average with -0.82%. On most of the Mondays the Dragon Coins decreases in value between -10.70% and 9.07%. The uncertainty (9.88%) is higher than the average decline percentage (-0.82%). Therefore, expected range of price changes of the Dragon Coins on Mondays is large.

On an average Tuesday the Dragon Coins shows an increase in value of 1.92%. However, the change of Dragon Coins on most of the Tuesdays is between -13.75% and 17.59%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Dragon Coinss.

Allthough the Dragon Coins decreases in value with -0.45% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Dragon Coins on Wednesdays is 12.49%. This means that the expected change of the value of Dragon Coins is between -12.93% and 12.04% on 68 out of 100 Wednesdays.

On an average Thursday the Dragon Coins shows an increase in value of 2.02%. However, the change of Dragon Coins on most of the Thursdays is between -10.43% and 14.48%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Dragon Coinss.

Historical performance on Friday do not show an increase in value of the Dragon Coins on which a prediction can be made. The Dragon Coins increased in value on average on an average Friday with 0.77%. However, the uncertainty of this increase is high. The expected change in value of the Dragon Coins on a Friday is between -8.63% and 10.16% (see also the table below).

On an average Saturday, the Dragon Coins increased 0.55%. However, since the expected deviation is 11.20%, the Dragon Coins will decline in value on a Saturday quiet regularly. The expected price change of the Dragon Coins on a Saturday is between -10.65% and 11.74%.

Dragon Coins weekday performance details

Find below the details of the performance of Dragon Coins 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 1.53% 11.58% -10.04% to 13.11%
Monday -0.82% 9.88% -10.70% to 9.07%
Tuesday 1.92% 15.67% -13.75% to 17.59%
Wednesday -0.45% 12.49% -12.93% to 12.04%
Thursday 2.02% 12.45% -10.43% to 14.48%
Friday 0.77% 9.39% -8.63% to 10.16%
Saturday 0.55% 11.20% -10.65% to 11.74%
 

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