Dragon Coins (DRG)

Current price: $ 0.003685

24 hours price change: $ -0.000192 (-4.95%)

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 August 20th, 2021 to September 20th, 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 08/20/2021 and 09/20/2021.

According to the performance of Dragon Coins between August 20th, 2021 and September 20th, 2021, Dragon Coins performed the best on Mondays. On average, the price of Dragon Coins increased 3.77% 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 -0.27%.

Dragon Coins weekday performance

It is hard to tell whether the Dragon Coins will increase or decrease in value on an average Sunday. The average change on a Sunday for the Dragon Coins is -0.03%. However, the standard deviation on this weekday is 0.06%. This means that on most Sundays, the change in value of the Dragon Coins is between -0.09% and 0.03%.

The increase in value of the Dragon Coins is 3.77% on an average Monday. However, the uncertainty on the average change is high for the Dragon Coins on Mondays. This is the reason why an expected increase of the Dragon Coins on an average Monday cannot be predicted. The standard deviation for Dragon Coins on Mondays is high, namely 6.99%. This means that the expected range of value change for the Dragon Coins is -3.22% and 10.77% on 68% of the Mondays.

On an average Tuesday the Dragon Coins shows an increase in value of 1.39%. However, the change of Dragon Coins on most of the Tuesdays is between -1.05% and 3.84%. Therefore it is hard to tell whether an average Tuesday 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 Wednesday. The average change on a Wednesday for the Dragon Coins is -0.27%. However, the standard deviation on this weekday is 0.62%. This means that on most Wednesdays, the change in value of the Dragon Coins is between -0.89% and 0.34%.

It is hard to tell whether the Dragon Coins will increase or decrease in value on an average Thursday. The average change on a Thursday for the Dragon Coins is -0.05%. However, the standard deviation on this weekday is 0.06%. This means that on most Thursdays, the change in value of the Dragon Coins is between -0.11% and 0.01%.

Dragon Coins increased in value on an average Friday only slightly. The average increase in value of the Dragon Coins was 0.22%. 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 (0.54%). This means that on 68 percent of the Fridays, the change in price of the Dragon Coins is expected to be in the range of -0.32% and 0.76%.

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 0.00%. However, the standard deviation on this weekday is 0.07%. This means that on most Saturdays, the change in value of the Dragon Coins is between -0.08% and 0.07%.

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 -0.03% 0.06% -0.09% to 0.03%
Monday 3.77% 6.99% -3.22% to 10.77%
Tuesday 1.39% 2.45% -1.05% to 3.84%
Wednesday -0.27% 0.62% -0.89% to 0.34%
Thursday -0.05% 0.06% -0.11% to 0.01%
Friday 0.22% 0.54% -0.32% to 0.76%
Saturday 0.00% 0.07% -0.08% to 0.07%
 

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