Dragon Coins (DRG)

Current price: $ 0.03

24 hours price change: $ -0.003185 (-9.29%)

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 July 13th, 2020 to August 12th, 2020.

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 07/13/2020 and 08/12/2020.

According to the performance of Dragon Coins between July 13th, 2020 and August 12th, 2020, Dragon Coins performed the best on Fridays. On average, the price of Dragon Coins increased 3.21% on Friday.

The weekday on which the Dragon Coins performed the worst, is Monday. On Mondays, the Dragon Coins declined in value on average by -2.19%.

Dragon Coins weekday performance

On an average Sunday the Dragon Coins shows an increase in value of 1.00%. However, the change of Dragon Coins on most of the Sundays is between -0.70% and 2.71%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Dragon Coinss.

The Dragon Coins declines in value on an average Monday with -2.19%. However, the uncertainty (or standard deviation) is quite large, namely 4.68%. This means that it is not possible to say whether on a regular Monday the Dragon Coins will increase or decrease in value.

The Dragon Coins declines in value on an average Tuesday with -2.02%. However, the uncertainty (or standard deviation) is quite large, namely 4.11%. This means that it is not possible to say whether on a regular Tuesday the Dragon Coins will increase or decrease in value.

It is hard to tell whether the Dragon Coins will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Dragon Coins is -0.30%. However, the standard deviation on this weekday is 1.23%. This means that on most Wednesdays, the change in value of the Dragon Coins is between -1.53% and 0.94%.

On an average Thursday the Dragon Coins shows an increase in value of 2.52%. However, the change of Dragon Coins on most of the Thursdays is between -1.80% and 6.84%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Dragon Coinss.

On Fridays, the average increase of the value of the Dragon Coins is very high. The average increase is 3.21%. The standard deviation of the Dragon Coins on Fridays is 2.98%. This means that on 68% of the Fridays, the Dragon Coins increases between 0.23% and 6.19%. The uncertainty is therefore not very high, since on most Fridays, the value of the Dragon Coins will increase.

On Saturdays, the Dragon Coins decreases in value on average with -0.84%. On most of the Saturdays the Dragon Coins decreases in value between -2.40% and 0.71%. The uncertainty (1.56%) is higher than the average decline percentage (-0.84%). Therefore, expected range of price changes of the Dragon Coins on Saturdays is large.

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 1.00% 1.71% -0.70% to 2.71%
Monday -2.19% 4.68% -6.87% to 2.48%
Tuesday -2.02% 4.11% -6.13% to 2.09%
Wednesday -0.30% 1.23% -1.53% to 0.94%
Thursday 2.52% 4.32% -1.80% to 6.84%
Friday 3.21% 2.98% 0.23% to 6.19%
Saturday -0.84% 1.56% -2.40% to 0.71%
 

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