Dragon Coins (DRG)

Current price: $ 0.000578

24 hours price change: $ 0.000006 (1.12%)

Daily analysis of Dragon Coins (DRG) - 1 year

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 year, starting on May 29th, 2021 to May 29th, 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 05/29/2021 and 05/29/2022.

According to the performance of Dragon Coins between May 29th, 2021 and May 29th, 2022, Dragon Coins performed the best on Mondays. On average, the price of Dragon Coins increased 1.62% on Monday.

The weekday on which the Dragon Coins performed the worst, is Friday. On Fridays, the Dragon Coins rose in value on average by 0.09%. The price still increased on Fridays, allthough it was the smallest increase of all days on average.

Dragon Coins weekday performance

Historical performance on Sunday 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 Sunday with 0.82%. However, the uncertainty of this increase is high. The expected change in value of the Dragon Coins on a Sunday is between -5.08% and 6.71% (see also the table below).

On an average Monday the Dragon Coins shows an increase in value of 1.62%. However, the change of Dragon Coins on most of the Mondays is between -4.63% and 7.86%. 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 increased 0.34%. However, since the expected deviation is 6.31%, the Dragon Coins will decline in value on a Tuesday quiet regularly. The expected price change of the Dragon Coins on a Tuesday is between -5.97% and 6.66%.

On an average Wednesday the Dragon Coins shows an increase in value of 1.14%. However, the change of Dragon Coins on most of the Wednesdays is between -6.57% and 8.86%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Dragon Coinss.

On an average Thursday, the Dragon Coins increased 0.36%. However, since the expected deviation is 6.40%, 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 -6.04% and 6.76%.

Dragon Coins increased in value on an average Friday only slightly. The average increase in value of the Dragon Coins was 0.09%. 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 (7.99%). 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 -7.90% and 8.07%.

On an average Saturday, the Dragon Coins increased 0.43%. However, since the expected deviation is 5.73%, 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 -5.29% and 6.16%.

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 0.82% 5.89% -5.08% to 6.71%
Monday 1.62% 6.25% -4.63% to 7.86%
Tuesday 0.34% 6.31% -5.97% to 6.66%
Wednesday 1.14% 7.71% -6.57% to 8.86%
Thursday 0.36% 6.40% -6.04% to 6.76%
Friday 0.09% 7.99% -7.90% to 8.07%
Saturday 0.43% 5.73% -5.29% to 6.16%
 

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