Dragon Coins (DRG)

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Daily analysis of Dragon Coins (DRG) - 6 months

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 6 months, starting on December 28th, 2021 to June 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 06/28/2022.

According to the performance of Dragon Coins between December 28th, 2021 and June 28th, 2022, Dragon Coins performed the best on Thursdays. On average, the price of Dragon Coins increased 5.26% on Thursday.

The weekday on which the Dragon Coins performed the worst, is Wednesday. On Wednesdays, the Dragon Coins rose in value on average by 0.78%. The price still increased on Wednesdays, allthough it was the smallest increase of all days on average.

Dragon Coins weekday performance

On an average Sunday the Dragon Coins shows an increase in value of 1.99%. However, the change of Dragon Coins on most of the Sundays is between -6.53% and 10.52%. 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 1.57%. However, the change of Dragon Coins on most of the Mondays is between -6.47% and 9.60%. 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 shows an increase in value of 1.55%. However, the change of Dragon Coins on most of the Tuesdays is between -5.11% and 8.20%. 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 0.78%. However, the uncertainty of this increase is high. The expected change in value of the Dragon Coins on a Wednesday is between -9.53% and 11.10% (see also the table below).

The increase in value of the Dragon Coins is 5.26% 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 20.23%. This means that the expected range of value change for the Dragon Coins is -14.97% and 25.50% on 68% of the Thursdays.

On an average Friday the Dragon Coins shows an increase in value of 1.36%. However, the change of Dragon Coins on most of the Fridays is between -10.95% and 13.66%. Therefore it is hard to tell whether an average Friday is a good day to start buying Dragon Coinss.

The increase in value of the Dragon Coins is 3.02% on an average Saturday. However, the uncertainty on the average change is high for the Dragon Coins on Saturdays. This is the reason why an expected increase of the Dragon Coins on an average Saturday cannot be predicted. The standard deviation for Dragon Coins on Saturdays is high, namely 12.41%. This means that the expected range of value change for the Dragon Coins is -9.39% and 15.43% on 68% of the Saturdays.

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 1.99% 8.53% -6.53% to 10.52%
Monday 1.57% 8.04% -6.47% to 9.60%
Tuesday 1.55% 6.65% -5.11% to 8.20%
Wednesday 0.78% 10.31% -9.53% to 11.10%
Thursday 5.26% 20.23% -14.97% to 25.50%
Friday 1.36% 12.31% -10.95% to 13.66%
Saturday 3.02% 12.41% -9.39% to 15.43%
 

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