Dragon Coins (DRG)

Current price: $ 0.01

24 hours price change: $ -0.001895 (-14.08%)

Daily analysis of Dragon Coins (DRG) - 1 month

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 1 month, starting on November 4th, 2020 to December 3rd, 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 11/04/2020 and 12/03/2020.

According to the performance of Dragon Coins between November 4th, 2020 and December 3rd, 2020, Dragon Coins performed the best on Mondays. On average, the price of Dragon Coins increased 1.53% on Monday.

The weekday on which the Dragon Coins performed the worst, is Wednesday. On Wednesdays, the Dragon Coins declined in value on average by -0.12%.

Dragon Coins weekday performance

Dragon Coins increased in value on an average Sunday only slightly. The average increase in value of the Dragon Coins was 0.08%. Allthough the Dragon Coins closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.86%). This means that on 68 percent of the Sundays, the change in price of the Dragon Coins is expected to be in the range of -0.78% and 0.94%.

On an average Monday the Dragon Coins shows an increase in value of 1.53%. However, the change of Dragon Coins on most of the Mondays is between -2.80% and 5.86%. Therefore it is hard to tell whether an average Monday is a good day to start buying Dragon Coinss.

On an average Tuesday the Dragon Coins shows a high increase in value, namely 1.31%. The standard deviation is below the average increase percentage (standard deviation is 1.24%), meaning that on 68% of the Tuesdays the Dragon Coins will increase with a percentage between 0.07% and 2.55%. This also means that, on average, on 16 percent of the Tuesdays, the Dragon Coins will increase with a percentage above this range. On the other 16% of the Tuesdays, the Dragon Coins will change with a percentage below the 0.07%.

It is hard to tell whether the Dragon Coins will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Dragon Coins is -0.12%. However, the standard deviation on this weekday is 0.64%. This means that on most Wednesdays, the change in value of the Dragon Coins is between -0.76% and 0.52%.

On an average Thursday, the Dragon Coins increased 0.52%. However, since the expected deviation is 0.81%, the Dragon Coins will decline in value on a Thursday quiet regularly. The expected price change of the Dragon Coins on a Thursday is between -0.29% and 1.33%.

It is hard to tell whether the Dragon Coins will increase or decrease in value on an average Friday. The average change on a Friday for the Dragon Coins is -0.06%. However, the standard deviation on this weekday is 0.07%. This means that on most Fridays, the change in value of the Dragon Coins is between -0.13% and 0.01%.

It is hard to tell whether the Dragon Coins will increase or decrease in value on an average Saturday. The average change on a Saturday for the Dragon Coins is -0.08%. However, the standard deviation on this weekday is 0.06%. This means that on most Saturdays, the change in value of the Dragon Coins is between -0.14% and -0.02%.

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 0.08% 0.86% -0.78% to 0.94%
Monday 1.53% 4.33% -2.80% to 5.86%
Tuesday 1.31% 1.24% 0.07% to 2.55%
Wednesday -0.12% 0.64% -0.76% to 0.52%
Thursday 0.52% 0.81% -0.29% to 1.33%
Friday -0.06% 0.07% -0.13% to 0.01%
Saturday -0.08% 0.06% -0.14% to -0.02%
 

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