Dragon Coins (DRG)

Current price: $ 0.002991

24 hours price change: $ -0.000973 (-24.55%)

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 March 28th, 2021 to September 28th, 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 03/28/2021 and 09/28/2021.

According to the performance of Dragon Coins between March 28th, 2021 and September 28th, 2021, Dragon Coins performed the best on Mondays. On average, the price of Dragon Coins increased 1.66% on Monday.

The weekday on which the Dragon Coins performed the worst, is Thursday. On Thursdays, the Dragon Coins declined in value on average by -0.66%.

Dragon Coins weekday performance

On an average Sunday the Dragon Coins shows an increase in value of 1.29%. However, the change of Dragon Coins on most of the Sundays is between -7.13% and 9.70%. 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 1.66%. However, the change of Dragon Coins on most of the Mondays is between -2.99% and 6.31%. Therefore it is hard to tell whether an average Monday is a good day to start buying Dragon Coinss.

Allthough the Dragon Coins decreases in value with -0.31% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Dragon Coins on Tuesdays is 3.23%. This means that the expected change of the value of Dragon Coins is between -3.54% and 2.92% on 68 out of 100 Tuesdays.

On an average Wednesday the Dragon Coins shows an increase in value of 1.57%. However, the change of Dragon Coins on most of the Wednesdays is between -4.54% and 7.68%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Dragon Coinss.

On Thursdays, the Dragon Coins decreases in value on average with -0.66%. On most of the Thursdays the Dragon Coins decreases in value between -6.70% and 5.38%. The uncertainty (6.04%) is higher than the average decline percentage (-0.66%). Therefore, expected range of price changes of the Dragon Coins on Thursdays is large.

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 (2.91%). 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 -2.62% and 3.20%.

Dragon Coins increased in value on an average Saturday only slightly. The average increase in value of the Dragon Coins was 0.08%. 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 (0.85%). 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 -0.77% and 0.93%.

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 1.29% 8.42% -7.13% to 9.70%
Monday 1.66% 4.65% -2.99% to 6.31%
Tuesday -0.31% 3.23% -3.54% to 2.92%
Wednesday 1.57% 6.11% -4.54% to 7.68%
Thursday -0.66% 6.04% -6.70% to 5.38%
Friday 0.29% 2.91% -2.62% to 3.20%
Saturday 0.08% 0.85% -0.77% to 0.93%
 

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