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 year, starting on August 16th, 2021 to August 16th, 2022.
In the barchart below, the weekdays and average performance of Dent are shown side by side.
According to the performance of Dent between August 16th, 2021 and August 16th, 2022, Dent performed the best on Wednesdays. On average, the price of Dent increased 1.03% on Wednesday.
The weekday on which the Dent performed the worst, is Tuesday. On Tuesdays, the Dent declined in value on average by -0.39%.
Dent weekday performance
On an average Sunday, the Dent increased 0.37%. However, since the expected deviation is 2.48%, the Dent will decline in value on a Sunday quiet regularly. The expected price change of the Dent on a Sunday is between -2.11% and 2.85%.
It is hard to tell whether the Dent will increase or decrease in value on an average Monday. The average change on a Monday for the Dent is -0.15%. However, the standard deviation on this weekday is 1.86%. This means that on most Mondays, the change in value of the Dent is between -2.02% and 1.71%.
Allthough the Dent decreases in value with -0.39% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Dent on Tuesdays is 3.00%. This means that the expected change of the value of Dent is between -3.39% and 2.61% on 68 out of 100 Tuesdays.
On an average Wednesday the Dent shows an increase in value of 1.03%. However, the change of Dent on most of the Wednesdays is between -1.71% and 3.78%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Dents.
Allthough the Dent decreases in value with -0.32% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Dent on Thursdays is 1.78%. This means that the expected change of the value of Dent is between -2.10% and 1.47% on 68 out of 100 Thursdays.
Dent increased in value on an average Friday only slightly. The average increase in value of the Dent was 0.30%. 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 (2.47%). This means that on 68 percent of the Fridays, the change in price of the Dent is expected to be in the range of -2.17% and 2.76%.
It is hard to tell whether the Dent will increase or decrease in value on an average Saturday. The average change on a Saturday for the Dent is -0.13%. However, the standard deviation on this weekday is 2.28%. This means that on most Saturdays, the change in value of the Dent is between -2.42% and 2.15%.
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||0.37%||2.48%||-2.11% to 2.85%|
|Monday||-0.15%||1.86%||-2.02% to 1.71%|
|Tuesday||-0.39%||3.00%||-3.39% to 2.61%|
|Wednesday||1.03%||2.75%||-1.71% to 3.78%|
|Thursday||-0.32%||1.78%||-2.10% to 1.47%|
|Friday||0.30%||2.47%||-2.17% to 2.76%|
|Saturday||-0.13%||2.28%||-2.42% to 2.15%|