Digitex Futures (DGTX)

Current price: $ 0.005310

24 hours price change: $ 0.000460 (9.49%)

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 September 6th, 2020 to March 6th, 2021.

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 09/06/2020 and 03/06/2021.

According to the performance of Digitex Futures between September 6th, 2020 and March 6th, 2021, Digitex Futures performed the best on Tuesdays. On average, the price of Digitex Futures increased 1.93% on Tuesday.

The weekday on which the Digitex Futures performed the worst, is Friday. On Fridays, the Digitex Futures declined in value on average by -1.17%.

Digitex Futures weekday performance

On Sundays, the Digitex Futures decreases in value on average with -0.61%. On most of the Sundays the Digitex Futures decreases in value between -5.13% and 3.91%. The uncertainty (4.52%) is higher than the average decline percentage (-0.61%). Therefore, expected range of price changes of the Digitex Futures on Sundays is large.

Allthough the Digitex Futures decreases in value with -0.37% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Digitex Futures on Mondays is 3.65%. This means that the expected change of the value of Digitex Futures is between -4.02% and 3.28% on 68 out of 100 Mondays.

On an average Tuesday the Digitex Futures shows an increase in value of 1.93%. However, the change of Digitex Futures on most of the Tuesdays is between -3.97% and 7.83%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Digitex Futuress.

On Wednesdays, the Digitex Futures decreases in value on average with -0.97%. On most of the Wednesdays the Digitex Futures decreases in value between -5.25% and 3.31%. The uncertainty (4.28%) is higher than the average decline percentage (-0.97%). Therefore, expected range of price changes of the Digitex Futures on Wednesdays is large.

It is hard to tell whether the Digitex Futures will increase or decrease in value on an average Thursday. The average change on a Thursday for the Digitex Futures is -0.22%. However, the standard deviation on this weekday is 2.61%. This means that on most Thursdays, the change in value of the Digitex Futures is between -2.84% and 2.39%.

The Digitex Futures declines in value on an average Friday with -1.17%. However, the uncertainty (or standard deviation) is quite large, namely 3.83%. This means that it is not possible to say whether on a regular Friday the Digitex Futures will increase or decrease in value.

On an average Saturday, the Digitex Futures increased 0.51%. However, since the expected deviation is 3.97%, the Digitex Futures will decline in value on a Saturday quiet regularly. The expected price change of the Digitex Futures on a Saturday is between -3.46% and 4.48%.

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 -0.61% 4.52% -5.13% to 3.91%
Monday -0.37% 3.65% -4.02% to 3.28%
Tuesday 1.93% 5.90% -3.97% to 7.83%
Wednesday -0.97% 4.28% -5.25% to 3.31%
Thursday -0.22% 2.61% -2.84% to 2.39%
Friday -1.17% 3.83% -4.99% to 2.66%
Saturday 0.51% 3.97% -3.46% to 4.48%
 

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