Dragon Coins (DRG)

Current price: $ 0.02

24 hours price change: $ -0.000979 (-5.47%)

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 April 24th, 2020 to October 24th, 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 04/24/2020 and 10/24/2020.

According to the performance of Dragon Coins between April 24th, 2020 and October 24th, 2020, Dragon Coins performed the best on Saturdays. On average, the price of Dragon Coins increased 0.97% on Saturday.

The weekday on which the Dragon Coins performed the worst, is Wednesday. On Wednesdays, the Dragon Coins declined in value on average by -1.38%.

Dragon Coins weekday performance

Dragon Coins increased in value on an average Sunday only slightly. The average increase in value of the Dragon Coins was 0.12%. 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 (2.11%). This means that on 68 percent of the Sundays, the change in price of the Dragon Coins is expected to be in the range of -1.99% and 2.23%.

Historical performance on Monday 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 Monday with 0.70%. However, the uncertainty of this increase is high. The expected change in value of the Dragon Coins on a Monday is between -4.07% and 5.48% (see also the table below).

Allthough the Dragon Coins decreases in value with -0.48% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Dragon Coins on Tuesdays is 2.41%. This means that the expected change of the value of Dragon Coins is between -2.89% and 1.93% on 68 out of 100 Tuesdays.

The Dragon Coins declines in value on an average Wednesday with -1.38%. However, the uncertainty (or standard deviation) is quite large, namely 6.58%. This means that it is not possible to say whether on a regular Wednesday the Dragon Coins will increase or decrease in value.

On an average Thursday, the Dragon Coins increased 0.42%. However, since the expected deviation is 3.42%, 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 -3.00% and 3.83%.

On an average Friday, the Dragon Coins increased 0.51%. However, since the expected deviation is 2.23%, the Dragon Coins will decline in value on a Friday quiet regularly. The expected price change of the Dragon Coins on a Friday is between -1.72% and 2.74%.

Historical performance on Saturday 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 Saturday with 0.97%. However, the uncertainty of this increase is high. The expected change in value of the Dragon Coins on a Saturday is between -3.32% and 5.26% (see also the table below).

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 0.12% 2.11% -1.99% to 2.23%
Monday 0.70% 4.78% -4.07% to 5.48%
Tuesday -0.48% 2.41% -2.89% to 1.93%
Wednesday -1.38% 6.58% -7.96% to 5.20%
Thursday 0.42% 3.42% -3.00% to 3.83%
Friday 0.51% 2.23% -1.72% to 2.74%
Saturday 0.97% 4.29% -3.32% to 5.26%
 

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