The performance of Dent regarding the price differs every day. To make the best decision to buy Dent, we are analysis in this article the performance of Dent on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on December 20th, 2021 to January 20th, 2022.
In the barchart below, the weekdays and average performance of Dent are shown side by side.
According to the performance of Dent between December 20th, 2021 and January 20th, 2022, Dent performed the best on Fridays. On average, the price of Dent increased 2.28% on Friday.
The weekday on which the Dent performed the worst, is Saturday. On Saturdays, the Dent declined in value on average by -1.52%.
Dent weekday performance
On an average Sunday, the Dent increased 0.42%. However, since the expected deviation is 0.92%, the Dent will decline in value on a Sunday quiet regularly. The expected price change of the Dent on a Sunday is between -0.50% and 1.35%.
On an average Monday, the Dent increased 0.38%. However, since the expected deviation is 0.77%, the Dent will decline in value on a Monday quiet regularly. The expected price change of the Dent on a Monday is between -0.39% and 1.16%.
On Tuesdays, the Dent decreases in value on average with -0.78%. On most of the Tuesdays the Dent decreases in value between -1.97% and 0.41%. The uncertainty (1.19%) is higher than the average decline percentage (-0.78%). Therefore, expected range of price changes of the Dent on Tuesdays is large.
On an average Wednesday the Dent shows a high increase in value, namely 1.28%. The standard deviation is below the average increase percentage (standard deviation is 0.46%), meaning that on 68% of the Wednesdays the Dent will increase with a percentage between 0.82% and 1.74%. This also means that, on average, on 16 percent of the Wednesdays, the Dent will increase with a percentage above this range. On the other 16% of the Wednesdays, the Dent will change with a percentage below the 0.82%.
Dent increased in value on an average Thursday only slightly. The average increase in value of the Dent was 0.20%. Allthough the Dent closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.78%). This means that on 68 percent of the Thursdays, the change in price of the Dent is expected to be in the range of -0.58% and 0.98%.
On an average Friday the Dent shows an increase in value of 2.28%. However, the change of Dent on most of the Fridays is between -4.10% and 8.67%. Therefore it is hard to tell whether an average Friday is a good day to start buying Dents.
The Dent declines in value on an average Saturday with -1.52%. However, the uncertainty (or standard deviation) is quite large, namely 5.37%. This means that it is not possible to say whether on a regular Saturday the Dent will increase or decrease in value.
Dent weekday performance details
Find below the details of the performance of Dent 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||0.42%||0.92%||-0.50% to 1.35%|
|Monday||0.38%||0.77%||-0.39% to 1.16%|
|Tuesday||-0.78%||1.19%||-1.97% to 0.41%|
|Wednesday||1.28%||0.46%||0.82% to 1.74%|
|Thursday||0.20%||0.78%||-0.58% to 0.98%|
|Friday||2.28%||6.39%||-4.10% to 8.67%|
|Saturday||-1.52%||5.37%||-6.90% to 3.85%|