Digitex Futures (DGTX)

Current price: $ 0.000046

24 hours price change: $ 0.00000000 (0.00%)

Daily analysis of Digitex Futures (DGTX) - 6 months

The performance of Digitex Futures regarding the price differs every day. To make the best decision to buy Digitex Futures, we are analysis in this article the performance of Digitex Futures on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 6 months, starting on August 26th, 2023 to February 26th, 2024.

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

Average daily change in price of Digitex Futures per weekday between 08/26/2023 and 02/26/2024.

According to the performance of Digitex Futures between August 26th, 2023 and February 26th, 2024, Digitex Futures performed the best on Thursdays. On average, the price of Digitex Futures increased 3.40% on Thursday.

The weekday on which the Digitex Futures performed the worst, is Wednesday. On Wednesdays, the Digitex Futures declined in value on average by -1.90%.

Digitex Futures weekday performance

The Digitex Futures declines in value on an average Sunday with -1.05%. However, the uncertainty (or standard deviation) is quite large, namely 2.78%. This means that it is not possible to say whether on a regular Sunday the Digitex Futures will increase or decrease in value.

On an average Monday the Digitex Futures shows an increase in value of 2.09%. However, the change of Digitex Futures on most of the Mondays is between -6.00% and 10.17%. Therefore it is hard to tell whether an average Monday is a good day to start buying Digitex Futuress.

On Tuesdays, the Digitex Futures decreases in value on average with -0.98%. On most of the Tuesdays the Digitex Futures decreases in value between -5.02% and 3.05%. The uncertainty (4.03%) is higher than the average decline percentage (-0.98%). Therefore, expected range of price changes of the Digitex Futures on Tuesdays is large.

The Digitex Futures declines in value on an average Wednesday with -1.90%. However, the uncertainty (or standard deviation) is quite large, namely 10.66%. This means that it is not possible to say whether on a regular Wednesday the Digitex Futures will increase or decrease in value.

The increase in value of the Digitex Futures is 3.40% on an average Thursday. However, the uncertainty on the average change is high for the Digitex Futures on Thursdays. This is the reason why an expected increase of the Digitex Futures on an average Thursday cannot be predicted. The standard deviation for Digitex Futures on Thursdays is high, namely 10.24%. This means that the expected range of value change for the Digitex Futures is -6.84% and 13.64% on 68% of the Thursdays.

Historical performance on Friday do not show an increase in value of the Digitex Futures on which a prediction can be made. The Digitex Futures increased in value on average on an average Friday with 0.64%. However, the uncertainty of this increase is high. The expected change in value of the Digitex Futures on a Friday is between -8.32% and 9.60% (see also the table below).

Digitex Futures increased in value on an average Saturday only slightly. The average increase in value of the Digitex Futures was 0.14%. Allthough the Digitex Futures closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (14.02%). This means that on 68 percent of the Saturdays, the change in price of the Digitex Futures is expected to be in the range of -13.88% and 14.15%.

Digitex Futures weekday performance details

Find below the details of the performance of Digitex Futures 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 -1.05% 2.78% -3.83% to 1.74%
Monday 2.09% 8.09% -6.00% to 10.17%
Tuesday -0.98% 4.03% -5.02% to 3.05%
Wednesday -1.90% 10.66% -12.55% to 8.76%
Thursday 3.40% 10.24% -6.84% to 13.64%
Friday 0.64% 8.96% -8.32% to 9.60%
Saturday 0.14% 14.02% -13.88% to 14.15%
 

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