Dragon Coins (DRG)

Current price: $ 0.004798

24 hours price change: $ 0.000280 (6.20%)

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 13th, 2020 to June 13th, 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 12/13/2020 and 06/13/2021.

According to the performance of Dragon Coins between December 13th, 2020 and June 13th, 2021, Dragon Coins performed the best on Sundays. On average, the price of Dragon Coins increased 4.92% 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 -5.19%.

Dragon Coins weekday performance

The increase in value of the Dragon Coins is 4.92% on an average Sunday. However, the uncertainty on the average change is high for the Dragon Coins on Sundays. This is the reason why an expected increase of the Dragon Coins on an average Sunday cannot be predicted. The standard deviation for Dragon Coins on Sundays is high, namely 20.17%. This means that the expected range of value change for the Dragon Coins is -15.24% and 25.09% on 68% of the Sundays.

On an average Monday the Dragon Coins shows an increase in value of 2.90%. However, the change of Dragon Coins on most of the Mondays is between -6.56% and 12.36%. Therefore it is hard to tell whether an average Monday is a good day to start buying Dragon Coinss.

The Dragon Coins declines in value on an average Tuesday with -1.34%. However, the uncertainty (or standard deviation) is quite large, namely 3.65%. This means that it is not possible to say whether on a regular Tuesday the Dragon Coins will increase or decrease in value.

It is hard to tell whether the Dragon Coins will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Dragon Coins is -0.07%. However, the standard deviation on this weekday is 8.90%. This means that on most Wednesdays, the change in value of the Dragon Coins is between -8.97% and 8.83%.

The decrease in value of the Dragon Coins is -5.19% on an average Thursday. The uncertainty of the average change is high for the Dragon Coins on Thursdays. This means that it is hard to tell whether the Dragon Coins will decrease or increase in value on an average Thursday. If we look at the 68% range of the Dragon Coins, we see that on 68% of the Thursdays, the expected change of the Dragon Coins is between -17.96% and 7.59%.

Dragon Coins increased in value on an average Friday only slightly. The average increase in value of the Dragon Coins was 0.29%. 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 (7.26%). 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 -6.97% and 7.56%.

Dragon Coins increased in value on an average Saturday only slightly. The average increase in value of the Dragon Coins was 0.13%. 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 (10.56%). 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 -10.44% and 10.69%.

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 4.92% 20.17% -15.24% to 25.09%
Monday 2.90% 9.46% -6.56% to 12.36%
Tuesday -1.34% 3.65% -4.99% to 2.32%
Wednesday -0.07% 8.90% -8.97% to 8.83%
Thursday -5.19% 12.77% -17.96% to 7.59%
Friday 0.29% 7.26% -6.97% to 7.56%
Saturday 0.13% 10.56% -10.44% to 10.69%
 

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