Dent (DENT)

Current price: $ 0.006478

24 hours price change: $ -0.000252 (-3.75%)

Daily analysis of Dent (DENT) - 1 year

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 May 16th, 2020 to May 16th, 2021.

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

Average daily change in price of Dent per weekday between 05/16/2020 and 05/16/2021.

According to the performance of Dent between May 16th, 2020 and May 16th, 2021, Dent performed the best on Mondays. On average, the price of Dent increased 1.28% on Monday.

The weekday on which the Dent performed the worst, is Thursday. On Thursdays, the Dent declined in value on average by -0.86%.

Dent weekday performance

Dent increased in value on an average Sunday only slightly. The average increase in value of the Dent was 0.14%. 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 (3.41%). This means that on 68 percent of the Sundays, the change in price of the Dent is expected to be in the range of -3.27% and 3.54%.

On an average Monday the Dent shows an increase in value of 1.28%. However, the change of Dent on most of the Mondays is between -7.54% and 10.09%. Therefore it is hard to tell whether an average Monday is a good day to start buying Dents.

Dent increased in value on an average Tuesday only slightly. The average increase in value of the Dent was 0.01%. 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 (3.71%). This means that on 68 percent of the Tuesdays, the change in price of the Dent is expected to be in the range of -3.70% and 3.72%.

It is hard to tell whether the Dent will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Dent is -0.20%. However, the standard deviation on this weekday is 3.94%. This means that on most Wednesdays, the change in value of the Dent is between -4.14% and 3.74%.

On Thursdays, the Dent decreases in value on average with -0.86%. On most of the Thursdays the Dent decreases in value between -6.76% and 5.03%. The uncertainty (5.89%) is higher than the average decline percentage (-0.86%). Therefore, expected range of price changes of the Dent on Thursdays is large.

On an average Friday, the Dent increased 0.30%. However, since the expected deviation is 5.32%, the Dent will decline in value on a Friday quiet regularly. The expected price change of the Dent on a Friday is between -5.02% and 5.62%.

On an average Saturday, the Dent increased 0.35%. However, since the expected deviation is 3.86%, the Dent will decline in value on a Saturday quiet regularly. The expected price change of the Dent on a Saturday is between -3.51% and 4.22%.

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 0.14% 3.41% -3.27% to 3.54%
Monday 1.28% 8.81% -7.54% to 10.09%
Tuesday 0.01% 3.71% -3.70% to 3.72%
Wednesday -0.20% 3.94% -4.14% to 3.74%
Thursday -0.86% 5.89% -6.76% to 5.03%
Friday 0.30% 5.32% -5.02% to 5.62%
Saturday 0.35% 3.86% -3.51% to 4.22%
 

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