DigixDAO (DGD)

Current price: $ 506.12

24 hours price change: $ 45.01 (9.76%)

Daily analysis of DigixDAO (DGD) - 1 month

The performance of DigixDAO regarding the price differs every day. To make the best decision to buy DigixDAO, we are analysis in this article the performance of DigixDAO on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on December 26th, 2021 to January 26th, 2022.

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

Average daily change in price of DigixDAO per weekday between 12/26/2021 and 01/26/2022.

According to the performance of DigixDAO between December 26th, 2021 and January 26th, 2022, DigixDAO performed the best on Saturdays. On average, the price of DigixDAO increased 2.25% on Saturday.

The weekday on which the DigixDAO performed the worst, is Tuesday. On Tuesdays, the DigixDAO declined in value on average by -0.71%.

DigixDAO weekday performance

On an average Sunday, the DigixDAO increased 0.35%. However, since the expected deviation is 0.91%, the DigixDAO will decline in value on a Sunday quiet regularly. The expected price change of the DigixDAO on a Sunday is between -0.56% and 1.25%.

On Mondays, the DigixDAO decreases in value on average with -0.63%. On most of the Mondays the DigixDAO decreases in value between -1.38% and 0.12%. The uncertainty (0.75%) is higher than the average decline percentage (-0.63%). Therefore, expected range of price changes of the DigixDAO on Mondays is large.

On Tuesdays, the DigixDAO decreases in value on average with -0.71%. On most of the Tuesdays the DigixDAO decreases in value between -1.43% and 0.02%. The uncertainty (0.72%) is higher than the average decline percentage (-0.71%). Therefore, expected range of price changes of the DigixDAO on Tuesdays is large.

It is hard to tell whether the DigixDAO will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the DigixDAO is -0.17%. However, the standard deviation on this weekday is 0.69%. This means that on most Wednesdays, the change in value of the DigixDAO is between -0.86% and 0.52%.

DigixDAO increased in value on an average Thursday only slightly. The average increase in value of the DigixDAO was 0.22%. Allthough the DigixDAO closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.39%). This means that on 68 percent of the Thursdays, the change in price of the DigixDAO is expected to be in the range of -1.17% and 1.61%.

On Fridays, the DigixDAO decreases in value on average with -0.62%. On most of the Fridays the DigixDAO decreases in value between -2.03% and 0.78%. The uncertainty (1.41%) is higher than the average decline percentage (-0.62%). Therefore, expected range of price changes of the DigixDAO on Fridays is large.

On an average Saturday the DigixDAO shows an increase in value of 2.25%. However, the change of DigixDAO on most of the Saturdays is between -0.10% and 4.60%. Therefore it is hard to tell whether an average Saturday is a good day to start buying DigixDAOs.

DigixDAO weekday performance details

Find below the details of the performance of DigixDAO 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 0.35% 0.91% -0.56% to 1.25%
Monday -0.63% 0.75% -1.38% to 0.12%
Tuesday -0.71% 0.72% -1.43% to 0.02%
Wednesday -0.17% 0.69% -0.86% to 0.52%
Thursday 0.22% 1.39% -1.17% to 1.61%
Friday -0.62% 1.41% -2.03% to 0.78%
Saturday 2.25% 2.35% -0.10% to 4.60%
 

About Us

: Financial indicators for cryptocurrencies