Dragon Coins (DRG)

Current price: $ 0.004005

24 hours price change: $ 0.004005 (inf%)

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 February 25th, 2021.

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 02/25/2021.

According to the performance of Dragon Coins between April 18th, 2018 and February 25th, 2021, Dragon Coins performed the best on Sundays. On average, the price of Dragon Coins increased 1.95% on Sunday.

The weekday on which the Dragon Coins performed the worst, is Wednesday. On Wednesdays, the Dragon Coins declined in value on average by -0.39%.

Dragon Coins weekday performance

On an average Sunday the Dragon Coins shows an increase in value of 1.95%. However, the change of Dragon Coins on most of the Sundays is between -10.59% and 14.48%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Dragon Coinss.

It is hard to tell whether the Dragon Coins will increase or decrease in value on an average Monday. The average change on a Monday for the Dragon Coins is -0.26%. However, the standard deviation on this weekday is 9.50%. This means that on most Mondays, the change in value of the Dragon Coins is between -9.77% and 9.24%.

On an average Tuesday the Dragon Coins shows an increase in value of 1.19%. However, the change of Dragon Coins on most of the Tuesdays is between -12.51% and 14.89%. 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 -0.39% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Dragon Coins on Wednesdays is 10.97%. This means that the expected change of the value of Dragon Coins is between -11.36% and 10.58% on 68 out of 100 Wednesdays.

Historical performance on Thursday 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 Thursday with 0.94%. However, the uncertainty of this increase is high. The expected change in value of the Dragon Coins on a Thursday is between -11.11% and 13.00% (see also the table below).

On an average Friday, the Dragon Coins increased 0.55%. However, since the expected deviation is 8.56%, the Dragon Coins will decline in value on a Friday quiet regularly. The expected price change of the Dragon Coins on a Friday is between -8.01% and 9.11%.

On an average Saturday, the Dragon Coins increased 0.45%. However, since the expected deviation is 10.64%, 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 -10.19% and 11.09%.

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 1.95% 12.54% -10.59% to 14.48%
Monday -0.26% 9.50% -9.77% to 9.24%
Tuesday 1.19% 13.70% -12.51% to 14.89%
Wednesday -0.39% 10.97% -11.36% to 10.58%
Thursday 0.94% 12.05% -11.11% to 13.00%
Friday 0.55% 8.56% -8.01% to 9.11%
Saturday 0.45% 10.64% -10.19% to 11.09%
 

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