Dragon Coins (DRG)

Current price: $ 0.001464

24 hours price change: $ 0.000010 (0.71%)

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 December 28th, 2021 to January 28th, 2022.

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 12/28/2021 and 01/28/2022.

According to the performance of Dragon Coins between December 28th, 2021 and January 28th, 2022, Dragon Coins performed the best on Sundays. On average, the price of Dragon Coins increased 1.03% 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 -8.70%.

Dragon Coins weekday performance

On an average Sunday the Dragon Coins shows an increase in value of 1.03%. However, the change of Dragon Coins on most of the Sundays is between -0.05% and 2.12%. 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 -0.22%. However, the standard deviation on this weekday is 1.34%. This means that on most Mondays, the change in value of the Dragon Coins is between -1.56% and 1.12%.

On Tuesdays, the Dragon Coins decreases in value on average with -0.69%. On most of the Tuesdays the Dragon Coins decreases in value between -1.38% and 0.00%. The uncertainty (0.69%) is higher than the average decline percentage (-0.69%). Therefore, expected range of price changes of the Dragon Coins on Tuesdays is large.

The decrease in value of the Dragon Coins is -8.70% on an average Wednesday. The uncertainty of the average change is high for the Dragon Coins on Wednesdays. This means that it is hard to tell whether the Dragon Coins will decrease or increase in value on an average Wednesday. If we look at the 68% range of the Dragon Coins, we see that on 68% of the Wednesdays, the expected change of the Dragon Coins is between -21.30% and 3.89%.

The Dragon Coins declines in value on an average Thursday with -1.58%. However, the uncertainty (or standard deviation) is quite large, namely 4.36%. This means that it is not possible to say whether on a regular Thursday the Dragon Coins will increase or decrease in value.

The Dragon Coins declines in value on an average Friday with -2.34%. However, the uncertainty (or standard deviation) is quite large, namely 3.79%. This means that it is not possible to say whether on a regular Friday the Dragon Coins will increase or decrease in value.

The Dragon Coins declines in value on an average Saturday with -1.36%. However, the uncertainty (or standard deviation) is quite large, namely 5.06%. This means that it is not possible to say whether on a regular Saturday the Dragon Coins will increase or decrease in value.

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 1.03% 1.08% -0.05% to 2.12%
Monday -0.22% 1.34% -1.56% to 1.12%
Tuesday -0.69% 0.69% -1.38% to 0.00%
Wednesday -8.70% 12.59% -21.30% to 3.89%
Thursday -1.58% 4.36% -5.94% to 2.78%
Friday -2.34% 3.79% -6.13% to 1.45%
Saturday -1.36% 5.06% -6.43% to 3.70%
 

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