Dragon Coins (DRG)

Current price: $ 0.000068

24 hours price change: $ 0.000002 (2.44%)

Daily analysis of Dragon Coins (DRG) - 1 month

The performance of Dragon Coins regarding the price differs every day. To make the best decision to buy Dragon Coins, we are analysis in this article the performance of Dragon Coins on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on October 30th, 2022 to November 30th, 2022.

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

Average daily change in price of Dragon Coins per weekday between 10/30/2022 and 11/30/2022.

According to the performance of Dragon Coins between October 30th, 2022 and November 30th, 2022, Dragon Coins performed the best on Thursdays. On average, the price of Dragon Coins increased 0.60% on Thursday.

The weekday on which the Dragon Coins performed the worst, is Monday. On Mondays, the Dragon Coins declined in value on average by -0.18%.

Dragon Coins weekday performance

The Dragon Coins will almost not change or only slightly increase in value on an average Sunday. The average change of the Dragon Coins on Sundays is 0.12%. The standard deviation of the Dragon Coins is 0.10%, which means that in 68% of the Sundays, the range of the change of the Dragon Coins is 0.02% and 0.22%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.

It is hard to tell whether the Dragon Coins will increase or decrease in value on an average Monday. The average change on a Monday for the Dragon Coins is -0.18%. However, the standard deviation on this weekday is 0.24%. This means that on most Mondays, the change in value of the Dragon Coins is between -0.42% and 0.05%.

It is hard to tell whether the Dragon Coins will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Dragon Coins is -0.12%. However, the standard deviation on this weekday is 0.34%. This means that on most Tuesdays, the change in value of the Dragon Coins is between -0.45% and 0.22%.

Dragon Coins increased in value on an average Wednesday only slightly. The average increase in value of the Dragon Coins was 0.13%. Allthough the Dragon Coins closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.30%). This means that on 68 percent of the Wednesdays, the change in price of the Dragon Coins is expected to be in the range of -1.16% and 1.43%.

Historical performance on Thursday do not show an increase in value of the Dragon Coins on which a prediction can be made. The Dragon Coins increased in value on average on an average Thursday with 0.60%. However, the uncertainty of this increase is high. The expected change in value of the Dragon Coins on a Thursday is between -0.31% and 1.51% (see also the table below).

Dragon Coins increased in value on an average Friday only slightly. The average increase in value of the Dragon Coins was 0.27%. Allthough the Dragon Coins closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.73%). This means that on 68 percent of the Fridays, the change in price of the Dragon Coins is expected to be in the range of -0.46% and 1.00%.

Dragon Coins increased in value on an average Saturday only slightly. The average increase in value of the Dragon Coins was 0.14%. Allthough the Dragon Coins closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.82%). This means that on 68 percent of the Saturdays, the change in price of the Dragon Coins is expected to be in the range of -0.68% and 0.97%.

Dragon Coins weekday performance details

Find below the details of the performance of Dragon Coins 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 0.12% 0.10% 0.02% to 0.22%
Monday -0.18% 0.24% -0.42% to 0.05%
Tuesday -0.12% 0.34% -0.45% to 0.22%
Wednesday 0.13% 1.30% -1.16% to 1.43%
Thursday 0.60% 0.91% -0.31% to 1.51%
Friday 0.27% 0.73% -0.46% to 1.00%
Saturday 0.14% 0.82% -0.68% to 0.97%
 

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