Decred (DCR)

Current price: $ 24.09

24 hours price change: $ -1.20 (-4.75%)

Daily analysis of Decred (DCR) - 6 months

The performance of Decred regarding the price differs every day. To make the best decision to buy Decred, we are analysis in this article the performance of Decred 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, 2022 to September 28th, 2022.

In the barchart below, the weekdays and average performance of Decred are shown side by side.

Average daily change in price of Decred per weekday between 03/28/2022 and 09/28/2022.

The weekday on which the Decred performed the worst, is Friday. On Fridays, the Decred declined in value on average by -0.11%.

Decred weekday performance

It is hard to tell whether the Decred will increase or decrease in value on an average Sunday. The average change on a Sunday for the Decred is -0.06%. However, the standard deviation on this weekday is 0.29%. This means that on most Sundays, the change in value of the Decred is between -0.35% and 0.23%.

It is hard to tell whether the Decred will increase or decrease in value on an average Monday. The average change on a Monday for the Decred is 0.00%. However, the standard deviation on this weekday is 0.10%. This means that on most Mondays, the change in value of the Decred is between -0.11% and 0.10%.

It is hard to tell whether the Decred will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Decred is -0.02%. However, the standard deviation on this weekday is 0.10%. This means that on most Tuesdays, the change in value of the Decred is between -0.12% and 0.08%.

It is hard to tell whether the Decred will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Decred is -0.07%. However, the standard deviation on this weekday is 0.52%. This means that on most Wednesdays, the change in value of the Decred is between -0.59% and 0.45%.

It is hard to tell whether the Decred will increase or decrease in value on an average Thursday. The average change on a Thursday for the Decred is -0.02%. However, the standard deviation on this weekday is 0.14%. This means that on most Thursdays, the change in value of the Decred is between -0.16% and 0.12%.

It is hard to tell whether the Decred will increase or decrease in value on an average Friday. The average change on a Friday for the Decred is -0.11%. However, the standard deviation on this weekday is 0.63%. This means that on most Fridays, the change in value of the Decred is between -0.75% and 0.52%.

It is hard to tell whether the Decred will increase or decrease in value on an average Saturday. The average change on a Saturday for the Decred is -0.04%. However, the standard deviation on this weekday is 0.74%. This means that on most Saturdays, the change in value of the Decred is between -0.78% and 0.69%.

Decred weekday performance details

Find below the details of the performance of Decred 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 -0.06% 0.29% -0.35% to 0.23%
Monday 0.00% 0.10% -0.11% to 0.10%
Tuesday -0.02% 0.10% -0.12% to 0.08%
Wednesday -0.07% 0.52% -0.59% to 0.45%
Thursday -0.02% 0.14% -0.16% to 0.12%
Friday -0.11% 0.63% -0.75% to 0.52%
Saturday -0.04% 0.74% -0.78% to 0.69%
 

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