Dragon Coins (DRG)

Current price: $ 0.06

24 hours price change: $ -0.004783 (-7.94%)

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 20th, 2019 to October 19th, 2019.

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 04/20/2019 and 10/19/2019.

According to the performance of Dragon Coins between April 20th, 2019 and October 19th, 2019, Dragon Coins performed the best on Thursdays. On average, the price of Dragon Coins increased 4.60% on Thursday.

The weekday on which the Dragon Coins performed the worst, is Monday. On Mondays, the Dragon Coins declined in value on average by -2.11%.

Dragon Coins weekday performance

The increase in value of the Dragon Coins is 4.36% 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 15.01%. This means that the expected range of value change for the Dragon Coins is -10.66% and 19.37% on 68% of the Sundays.

The Dragon Coins declines in value on an average Monday with -2.11%. However, the uncertainty (or standard deviation) is quite large, namely 14.15%. This means that it is not possible to say whether on a regular Monday the Dragon Coins will increase or decrease in value.

The increase in value of the Dragon Coins is 3.87% on an average Tuesday. However, the uncertainty on the average change is high for the Dragon Coins on Tuesdays. This is the reason why an expected increase of the Dragon Coins on an average Tuesday cannot be predicted. The standard deviation for Dragon Coins on Tuesdays is high, namely 13.60%. This means that the expected range of value change for the Dragon Coins is -9.73% and 17.47% on 68% of the Tuesdays.

Dragon Coins increased in value on an average Wednesday only slightly. The average increase in value of the Dragon Coins was 0.09%. 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 (12.75%). 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 -12.66% and 12.84%.

The increase in value of the Dragon Coins is 4.60% 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 15.57%. This means that the expected range of value change for the Dragon Coins is -10.98% and 20.17% on 68% of the Thursdays.

On an average Friday the Dragon Coins shows an increase in value of 1.34%. However, the change of Dragon Coins on most of the Fridays is between -10.68% and 13.36%. Therefore it is hard to tell whether an average Friday is a good day to start buying Dragon Coinss.

The Dragon Coins declines in value on an average Saturday with -2.07%. However, the uncertainty (or standard deviation) is quite large, namely 10.38%. This means that it is not possible to say whether on a regular Saturday the Dragon Coins will increase or decrease in value.

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 4.36% 15.01% -10.66% to 19.37%
Monday -2.11% 14.15% -16.27% to 12.04%
Tuesday 3.87% 13.60% -9.73% to 17.47%
Wednesday 0.09% 12.75% -12.66% to 12.84%
Thursday 4.60% 15.57% -10.98% to 20.17%
Friday 1.34% 12.02% -10.68% to 13.36%
Saturday -2.07% 10.38% -12.45% to 8.32%