Dent (DENT)

Current price: $ 0.001121

24 hours price change: $ 0.000010 (0.89%)

Daily analysis of Dent (DENT) - 6 months

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 6 months, starting on November 24th, 2021 to May 24th, 2022.

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 11/24/2021 and 05/24/2022.

According to the performance of Dent between November 24th, 2021 and May 24th, 2022, Dent performed the best on Wednesdays. On average, the price of Dent increased 0.95% on Wednesday.

The weekday on which the Dent performed the worst, is Saturday. On Saturdays, the Dent declined in value on average by -0.53%.

Dent weekday performance

Dent increased in value on an average Sunday only slightly. The average increase in value of the Dent was 0.13%. 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 (1.07%). This means that on 68 percent of the Sundays, the change in price of the Dent is expected to be in the range of -0.95% and 1.20%.

Allthough the Dent decreases in value with -0.53% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Dent on Mondays is 1.38%. This means that the expected change of the value of Dent is between -1.91% and 0.86% on 68 out of 100 Mondays.

Allthough the Dent decreases in value with -0.49% 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 -3.49% and 2.50% on 68 out of 100 Tuesdays.

Historical performance on Wednesday do not show an increase in value of the Dent on which a prediction can be made. The Dent increased in value on average on an average Wednesday with 0.95%. However, the uncertainty of this increase is high. The expected change in value of the Dent on a Wednesday is between -2.02% and 3.92% (see also the table below).

It is hard to tell whether the Dent will increase or decrease in value on an average Thursday. The average change on a Thursday for the Dent is -0.08%. However, the standard deviation on this weekday is 0.75%. This means that on most Thursdays, the change in value of the Dent is between -0.82% and 0.67%.

Dent increased in value on an average Friday only slightly. The average increase in value of the Dent was 0.16%. 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 (3.08%). This means that on 68 percent of the Fridays, the change in price of the Dent is expected to be in the range of -2.91% and 3.24%.

Allthough the Dent decreases in value with -0.53% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Dent on Saturdays is 2.98%. This means that the expected change of the value of Dent is between -3.51% and 2.45% on 68 out of 100 Saturdays.

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 0.13% 1.07% -0.95% to 1.20%
Monday -0.53% 1.38% -1.91% to 0.86%
Tuesday -0.49% 3.00% -3.49% to 2.50%
Wednesday 0.95% 2.97% -2.02% to 3.92%
Thursday -0.08% 0.75% -0.82% to 0.67%
Friday 0.16% 3.08% -2.91% to 3.24%
Saturday -0.53% 2.98% -3.51% to 2.45%
 

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