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 November 28th, 2022 to May 28th, 2023.
In the barchart below, the weekdays and average performance of Digitex Futures are shown side by side.
According to the performance of Digitex Futures between November 28th, 2022 and May 28th, 2023, Digitex Futures performed the best on Saturdays. On average, the price of Digitex Futures increased 3.93% on Saturday.
The weekday on which the Digitex Futures performed the worst, is Monday. On Mondays, the Digitex Futures declined in value on average by -1.06%.
Digitex Futures weekday performance
It is hard to tell whether the Digitex Futures will increase or decrease in value on an average Sunday. The average change on a Sunday for the Digitex Futures is -0.23%. However, the standard deviation on this weekday is 1.36%. This means that on most Sundays, the change in value of the Digitex Futures is between -1.59% and 1.14%.
The Digitex Futures declines in value on an average Monday with -1.06%. However, the uncertainty (or standard deviation) is quite large, namely 4.17%. This means that it is not possible to say whether on a regular Monday the Digitex Futures will increase or decrease in value.
On an average Tuesday, the Digitex Futures increased 0.45%. However, since the expected deviation is 5.68%, the Digitex Futures will decline in value on a Tuesday quiet regularly. The expected price change of the Digitex Futures on a Tuesday is between -5.23% and 6.13%.
Allthough the Digitex Futures decreases in value with -0.40% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Digitex Futures on Wednesdays is 3.17%. This means that the expected change of the value of Digitex Futures is between -3.57% and 2.77% on 68 out of 100 Wednesdays.
Digitex Futures increased in value on an average Thursday only slightly. The average increase in value of the Digitex Futures was 0.15%. 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 (5.15%). This means that on 68 percent of the Thursdays, the change in price of the Digitex Futures is expected to be in the range of -5.00% and 5.29%.
On an average Friday, the Digitex Futures increased 0.50%. However, since the expected deviation is 4.33%, the Digitex Futures will decline in value on a Friday quiet regularly. The expected price change of the Digitex Futures on a Friday is between -3.83% and 4.82%.
The increase in value of the Digitex Futures is 3.93% on an average Saturday. However, the uncertainty on the average change is high for the Digitex Futures on Saturdays. This is the reason why an expected increase of the Digitex Futures on an average Saturday cannot be predicted. The standard deviation for Digitex Futures on Saturdays is high, namely 19.44%. This means that the expected range of value change for the Digitex Futures is -15.50% and 23.37% on 68% of the Saturdays.
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 | -0.23% | 1.36% | -1.59% to 1.14% |
| Monday | -1.06% | 4.17% | -5.23% to 3.11% |
| Tuesday | 0.45% | 5.68% | -5.23% to 6.13% |
| Wednesday | -0.40% | 3.17% | -3.57% to 2.77% |
| Thursday | 0.15% | 5.15% | -5.00% to 5.29% |
| Friday | 0.50% | 4.33% | -3.83% to 4.82% |
| Saturday | 3.93% | 19.44% | -15.50% to 23.37% |