Dragon Coins (DRG)

Current price: $ 0.003573

24 hours price change: $ 0.000427 (13.56%)

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 August 5th, 2020 to August 5th, 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 08/05/2020 and 08/05/2021.

According to the performance of Dragon Coins between August 5th, 2020 and August 5th, 2021, Dragon Coins performed the best on Sundays. On average, the price of Dragon Coins increased 2.35% on Sunday.

The weekday on which the Dragon Coins performed the worst, is Thursday. On Thursdays, the Dragon Coins declined in value on average by -2.10%.

Dragon Coins weekday performance

On an average Sunday the Dragon Coins shows an increase in value of 2.35%. However, the change of Dragon Coins on most of the Sundays is between -12.52% and 17.22%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Dragon Coinss.

On an average Monday the Dragon Coins shows an increase in value of 1.70%. However, the change of Dragon Coins on most of the Mondays is between -5.39% and 8.78%. Therefore it is hard to tell whether an average Monday is a good day to start buying Dragon Coinss.

On Tuesdays, the Dragon Coins decreases in value on average with -0.96%. On most of the Tuesdays the Dragon Coins decreases in value between -4.36% and 2.45%. The uncertainty (3.40%) is higher than the average decline percentage (-0.96%). Therefore, expected range of price changes of the Dragon Coins on Tuesdays is large.

Dragon Coins increased in value on an average Wednesday only slightly. The average increase in value of the Dragon Coins was 0.19%. 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 (6.56%). This means that on 68 percent of the Wednesdays, the change in price of the Dragon Coins is expected to be in the range of -6.37% and 6.75%.

The Dragon Coins declines in value on an average Thursday with -2.10%. However, the uncertainty (or standard deviation) is quite large, namely 9.82%. This means that it is not possible to say whether on a regular Thursday the Dragon Coins will increase or decrease in value.

Dragon Coins increased in value on an average Friday only slightly. The average increase in value of the Dragon Coins was 0.23%. 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 (5.40%). 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 -5.17% and 5.62%.

Dragon Coins increased in value on an average Saturday only slightly. The average increase in value of the Dragon Coins was 0.21%. 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 (7.52%). This means that on 68 percent of the Saturdays, the change in price of the Dragon Coins is expected to be in the range of -7.31% and 7.73%.

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 2.35% 14.87% -12.52% to 17.22%
Monday 1.70% 7.08% -5.39% to 8.78%
Tuesday -0.96% 3.40% -4.36% to 2.45%
Wednesday 0.19% 6.56% -6.37% to 6.75%
Thursday -2.10% 9.82% -11.91% to 7.72%
Friday 0.23% 5.40% -5.17% to 5.62%
Saturday 0.21% 7.52% -7.31% to 7.73%
 

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