Dragon Coins (DRG)

Current price: $ 0.04

24 hours price change: $ 0.01 (38.24%)

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 5th, 2019 to June 4th, 2020.

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 12/05/2019 and 06/04/2020.

According to the performance of Dragon Coins between December 5th, 2019 and June 4th, 2020, Dragon Coins performed the best on Saturdays. On average, the price of Dragon Coins increased 4.04% on Saturday.

The weekday on which the Dragon Coins performed the worst, is Sunday. On Sundays, the Dragon Coins declined in value on average by -0.56%.

Dragon Coins weekday performance

Allthough the Dragon Coins decreases in value with -0.56% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Dragon Coins on Sundays is 6.78%. This means that the expected change of the value of Dragon Coins is between -7.34% and 6.22% on 68 out of 100 Sundays.

On an average Monday the Dragon Coins shows an increase in value of 1.02%. However, the change of Dragon Coins on most of the Mondays is between -3.42% and 5.46%. Therefore it is hard to tell whether an average Monday is a good day to start buying Dragon Coinss.

On an average Tuesday, the Dragon Coins increased 0.33%. However, since the expected deviation is 3.67%, the Dragon Coins will decline in value on a Tuesday quiet regularly. The expected price change of the Dragon Coins on a Tuesday is between -3.34% and 4.01%.

On an average Wednesday, the Dragon Coins increased 0.43%. However, since the expected deviation is 9.52%, the Dragon Coins will decline in value on a Wednesday quiet regularly. The expected price change of the Dragon Coins on a Wednesday is between -9.09% and 9.95%.

On an average Thursday the Dragon Coins shows an increase in value of 2.11%. However, the change of Dragon Coins on most of the Thursdays is between -3.15% and 7.38%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Dragon Coinss.

The increase in value of the Dragon Coins is 3.33% 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 8.58%. This means that the expected range of value change for the Dragon Coins is -5.24% and 11.91% on 68% of the Fridays.

The increase in value of the Dragon Coins is 4.04% on an average Saturday. However, the uncertainty on the average change is high for the Dragon Coins on Saturdays. This is the reason why an expected increase of the Dragon Coins on an average Saturday cannot be predicted. The standard deviation for Dragon Coins on Saturdays is high, namely 9.25%. This means that the expected range of value change for the Dragon Coins is -5.21% and 13.29% on 68% of the Saturdays.

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 -0.56% 6.78% -7.34% to 6.22%
Monday 1.02% 4.44% -3.42% to 5.46%
Tuesday 0.33% 3.67% -3.34% to 4.01%
Wednesday 0.43% 9.52% -9.09% to 9.95%
Thursday 2.11% 5.27% -3.15% to 7.38%
Friday 3.33% 8.58% -5.24% to 11.91%
Saturday 4.04% 9.25% -5.21% to 13.29%
 

We use cookies on our website. Some of them are essential for the operation of the site, while others help us to improve this site and the user experience (tracking cookies). You can decide for yourself whether you want to allow cookies or not. Please note that if you reject them, you may not be able to use all the functionalities of the site.