Dragon Coins (DRG)

Current price: $ 0.000068

24 hours price change: $ -0.000001 (-1.72%)

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 June 6th, 2022 to December 6th, 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 06/06/2022 and 12/06/2022.

According to the performance of Dragon Coins between June 6th, 2022 and December 6th, 2022, Dragon Coins performed the best on Thursdays. On average, the price of Dragon Coins increased 5.63% on Thursday.

The weekday on which the Dragon Coins performed the worst, is Sunday. On Sundays, the Dragon Coins declined in value on average by -1.31%.

Dragon Coins weekday performance

The Dragon Coins declines in value on an average Sunday with -1.31%. However, the uncertainty (or standard deviation) is quite large, namely 4.73%. This means that it is not possible to say whether on a regular Sunday the Dragon Coins will increase or decrease in value.

On an average Monday the Dragon Coins shows an increase in value of 1.81%. However, the change of Dragon Coins on most of the Mondays is between -12.58% and 16.21%. Therefore it is hard to tell whether an average Monday is a good day to start buying Dragon Coinss.

The increase in value of the Dragon Coins is 3.53% 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 13.18%. This means that the expected range of value change for the Dragon Coins is -9.65% and 16.71% on 68% of the Tuesdays.

The increase in value of the Dragon Coins is 5.04% on an average Wednesday. However, the uncertainty on the average change is high for the Dragon Coins on Wednesdays. This is the reason why an expected increase of the Dragon Coins on an average Wednesday cannot be predicted. The standard deviation for Dragon Coins on Wednesdays is high, namely 16.18%. This means that the expected range of value change for the Dragon Coins is -11.14% and 21.21% on 68% of the Wednesdays.

The increase in value of the Dragon Coins is 5.63% 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 21.25%. This means that the expected range of value change for the Dragon Coins is -15.62% and 26.89% on 68% of the Thursdays.

The increase in value of the Dragon Coins is 4.07% on an average Friday. However, the uncertainty on the average change is high for the Dragon Coins on Fridays. This is the reason why an expected increase of the Dragon Coins on an average Friday cannot be predicted. The standard deviation for Dragon Coins on Fridays is high, namely 13.54%. This means that the expected range of value change for the Dragon Coins is -9.47% and 17.61% on 68% of the Fridays.

On an average Saturday the Dragon Coins shows an increase in value of 1.94%. However, the change of Dragon Coins on most of the Saturdays is between -12.95% and 16.84%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Dragon Coinss.

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 -1.31% 4.73% -6.04% to 3.42%
Monday 1.81% 14.39% -12.58% to 16.21%
Tuesday 3.53% 13.18% -9.65% to 16.71%
Wednesday 5.04% 16.18% -11.14% to 21.21%
Thursday 5.63% 21.25% -15.62% to 26.89%
Friday 4.07% 13.54% -9.47% to 17.61%
Saturday 1.94% 14.90% -12.95% to 16.84%
 

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