Dragon Coins (DRG)

Current price: $ 0.001552

24 hours price change: $ -0.000134 (-7.97%)

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 July 21st, 2021 to January 21st, 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 07/21/2021 and 01/21/2022.

According to the performance of Dragon Coins between July 21st, 2021 and January 21st, 2022, Dragon Coins performed the best on Fridays. On average, the price of Dragon Coins increased 0.57% on Friday.

The weekday on which the Dragon Coins performed the worst, is Thursday. On Thursdays, the Dragon Coins declined in value on average by -1.94%.

Dragon Coins weekday performance

Allthough the Dragon Coins decreases in value with -0.55% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Dragon Coins on Sundays is 2.27%. This means that the expected change of the value of Dragon Coins is between -2.83% and 1.72% on 68 out of 100 Sundays.

Dragon Coins increased in value on an average Monday only slightly. The average increase in value of the Dragon Coins was 0.28%. 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 (4.11%). This means that on 68 percent of the Mondays, the change in price of the Dragon Coins is expected to be in the range of -3.83% and 4.39%.

Allthough the Dragon Coins decreases in value with -0.45% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Dragon Coins on Tuesdays is 4.79%. This means that the expected change of the value of Dragon Coins is between -5.24% and 4.34% on 68 out of 100 Tuesdays.

The Dragon Coins declines in value on an average Wednesday with -1.24%. However, the uncertainty (or standard deviation) is quite large, namely 7.48%. This means that it is not possible to say whether on a regular Wednesday the Dragon Coins will increase or decrease in value.

The Dragon Coins declines in value on an average Thursday with -1.94%. However, the uncertainty (or standard deviation) is quite large, namely 4.10%. This means that it is not possible to say whether on a regular Thursday the Dragon Coins will increase or decrease in value.

On an average Friday, the Dragon Coins increased 0.57%. However, since the expected deviation is 8.46%, 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 -7.89% and 9.02%.

The Dragon Coins declines in value on an average Saturday with -1.32%. However, the uncertainty (or standard deviation) is quite large, namely 4.22%. 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 -0.55% 2.27% -2.83% to 1.72%
Monday 0.28% 4.11% -3.83% to 4.39%
Tuesday -0.45% 4.79% -5.24% to 4.34%
Wednesday -1.24% 7.48% -8.71% to 6.24%
Thursday -1.94% 4.10% -6.04% to 2.15%
Friday 0.57% 8.46% -7.89% to 9.02%
Saturday -1.32% 4.22% -5.55% to 2.90%
 

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