Dragon Coins (DRG)

Current price: $ 0.03

24 hours price change: $ -0.003737 (-11.04%)

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 June 2nd, 2019 to June 1st, 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 06/02/2019 and 06/01/2020.

According to the performance of Dragon Coins between June 2nd, 2019 and June 1st, 2020, Dragon Coins performed the best on Thursdays. On average, the price of Dragon Coins increased 3.05% on Thursday.

The weekday on which the Dragon Coins performed the worst, is Monday. On Mondays, the Dragon Coins rose in value on average by 0.01%. The price still increased on Mondays, 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 0.85%. However, the uncertainty of this increase is high. The expected change in value of the Dragon Coins on a Sunday is between -8.66% and 10.37% (see also the table below).

Dragon Coins increased in value on an average Monday only slightly. The average increase in value of the Dragon Coins was 0.01%. 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 (10.07%). This means that on 68 percent of the Mondays, the change in price of the Dragon Coins is expected to be in the range of -10.06% and 10.08%.

On an average Tuesday the Dragon Coins shows an increase in value of 2.65%. However, the change of Dragon Coins on most of the Tuesdays is between -6.89% and 12.20%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Dragon Coinss.

Historical performance on Wednesday 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 Wednesday with 0.95%. However, the uncertainty of this increase is high. The expected change in value of the Dragon Coins on a Wednesday is between -9.93% and 11.82% (see also the table below).

The increase in value of the Dragon Coins is 3.05% on an average Thursday. However, the uncertainty on the average change is high for the Dragon Coins on Thursdays. This is the reason why an expected increase of the Dragon Coins on an average Thursday cannot be predicted. The standard deviation for Dragon Coins on Thursdays is high, namely 11.28%. This means that the expected range of value change for the Dragon Coins is -8.23% and 14.33% on 68% of the Thursdays.

On an average Friday the Dragon Coins shows an increase in value of 2.87%. However, the change of Dragon Coins on most of the Fridays is between -6.63% and 12.37%. Therefore it is hard to tell whether an average Friday is a good day to start buying Dragon Coinss.

On an average Saturday the Dragon Coins shows an increase in value of 1.05%. However, the change of Dragon Coins on most of the Saturdays is between -8.87% and 10.97%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Dragon Coinss.

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 0.85% 9.52% -8.66% to 10.37%
Monday 0.01% 10.07% -10.06% to 10.08%
Tuesday 2.65% 9.54% -6.89% to 12.20%
Wednesday 0.95% 10.88% -9.93% to 11.82%
Thursday 3.05% 11.28% -8.23% to 14.33%
Friday 2.87% 9.50% -6.63% to 12.37%
Saturday 1.05% 9.92% -8.87% to 10.97%
 

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