DigiByte (DGB)

Current price: $ 0.009471

24 hours price change: $ 0.000098 (1.05%)

Daily analysis of DigiByte (DGB) - 1 month

The performance of DigiByte regarding the price differs every day. To make the best decision to buy DigiByte, we are analysis in this article the performance of DigiByte on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on September 3rd, 2022 to October 3rd, 2022.

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

Average daily change in price of DigiByte per weekday between 09/03/2022 and 10/03/2022.

According to the performance of DigiByte between September 3rd, 2022 and October 3rd, 2022, DigiByte performed the best on Sundays. On average, the price of DigiByte increased 0.03% on Sunday.

The weekday on which the DigiByte performed the worst, is Wednesday. On Wednesdays, the DigiByte declined in value on average by -1.25%.

DigiByte weekday performance

DigiByte increased in value on an average Sunday only slightly. The average increase in value of the DigiByte was 0.03%. Allthough the DigiByte closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.08%). This means that on 68 percent of the Sundays, the change in price of the DigiByte is expected to be in the range of -0.06% and 0.11%.

It is hard to tell whether the DigiByte will increase or decrease in value on an average Monday. The average change on a Monday for the DigiByte is -0.02%. However, the standard deviation on this weekday is 0.04%. This means that on most Mondays, the change in value of the DigiByte is between -0.06% and 0.02%.

DigiByte increased in value on an average Tuesday only slightly. The average increase in value of the DigiByte was 0.02%. Allthough the DigiByte closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.02%). This means that on 68 percent of the Tuesdays, the change in price of the DigiByte is expected to be in the range of -0.01% and 0.04%.

The DigiByte declines in value on an average Wednesday with -1.25%. However, the uncertainty (or standard deviation) is quite large, namely 2.13%. This means that it is not possible to say whether on a regular Wednesday the DigiByte will increase or decrease in value.

It is hard to tell whether the DigiByte will increase or decrease in value on an average Thursday. The average change on a Thursday for the DigiByte is -0.02%. However, the standard deviation on this weekday is 0.07%. This means that on most Thursdays, the change in value of the DigiByte is between -0.08% and 0.05%.

It is hard to tell whether the DigiByte will increase or decrease in value on an average Friday. The average change on a Friday for the DigiByte is -0.04%. However, the standard deviation on this weekday is 0.11%. This means that on most Fridays, the change in value of the DigiByte is between -0.15% and 0.06%.

DigiByte increased in value on an average Saturday only slightly. The average increase in value of the DigiByte was 0.01%. Allthough the DigiByte closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.05%). This means that on 68 percent of the Saturdays, the change in price of the DigiByte is expected to be in the range of -0.04% and 0.05%.

DigiByte weekday performance details

Find below the details of the performance of DigiByte 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 0.03% 0.08% -0.06% to 0.11%
Monday -0.02% 0.04% -0.06% to 0.02%
Tuesday 0.02% 0.02% -0.01% to 0.04%
Wednesday -1.25% 2.13% -3.38% to 0.88%
Thursday -0.02% 0.07% -0.08% to 0.05%
Friday -0.04% 0.11% -0.15% to 0.06%
Saturday 0.01% 0.05% -0.04% to 0.05%
 

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