DigiByte (DGB)

Current price: $ 0.02

24 hours price change: $ 0.002062 (9.80%)

Daily analysis of DigiByte (DGB) - 6 months

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 6 months, starting on July 26th, 2021 to January 26th, 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 07/26/2021 and 01/26/2022.

According to the performance of DigiByte between July 26th, 2021 and January 26th, 2022, DigiByte performed the best on Saturdays. On average, the price of DigiByte increased 0.58% on Saturday.

The weekday on which the DigiByte performed the worst, is Monday. On Mondays, the DigiByte declined in value on average by -0.51%.

DigiByte weekday performance

On an average Sunday, the DigiByte increased 0.51%. However, since the expected deviation is 3.31%, the DigiByte will decline in value on a Sunday quiet regularly. The expected price change of the DigiByte on a Sunday is between -2.80% and 3.81%.

Allthough the DigiByte decreases in value with -0.51% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of DigiByte on Mondays is 1.32%. This means that the expected change of the value of DigiByte is between -1.83% and 0.81% on 68 out of 100 Mondays.

Allthough the DigiByte decreases in value with -0.49% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of DigiByte on Tuesdays is 2.17%. This means that the expected change of the value of DigiByte is between -2.67% and 1.68% on 68 out of 100 Tuesdays.

On an average Wednesday, the DigiByte increased 0.31%. However, since the expected deviation is 0.63%, the DigiByte will decline in value on a Wednesday quiet regularly. The expected price change of the DigiByte on a Wednesday is between -0.32% and 0.94%.

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 -0.11%. However, the standard deviation on this weekday is 2.24%. This means that on most Thursdays, the change in value of the DigiByte is between -2.35% and 2.13%.

On an average Friday, the DigiByte increased 0.35%. However, since the expected deviation is 1.50%, the DigiByte will decline in value on a Friday quiet regularly. The expected price change of the DigiByte on a Friday is between -1.15% and 1.85%.

On an average Saturday, the DigiByte increased 0.58%. However, since the expected deviation is 1.62%, the DigiByte will decline in value on a Saturday quiet regularly. The expected price change of the DigiByte on a Saturday is between -1.05% and 2.20%.

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 0.51% 3.31% -2.80% to 3.81%
Monday -0.51% 1.32% -1.83% to 0.81%
Tuesday -0.49% 2.17% -2.67% to 1.68%
Wednesday 0.31% 0.63% -0.32% to 0.94%
Thursday -0.11% 2.24% -2.35% to 2.13%
Friday 0.35% 1.50% -1.15% to 1.85%
Saturday 0.58% 1.62% -1.05% to 2.20%
 

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