Dragon Coins (DRG)

Current price: $ 0.003367

24 hours price change: $ 0.001582 (88.66%)

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 February 1st, 2021 to March 1st, 2021.

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 02/01/2021 and 03/01/2021.

According to the performance of Dragon Coins between February 1st, 2021 and March 1st, 2021, Dragon Coins performed the best on Mondays. On average, the price of Dragon Coins increased 11.19% on Monday.

The weekday on which the Dragon Coins performed the worst, is Sunday. On Sundays, the Dragon Coins declined in value on average by -3.93%.

Dragon Coins weekday performance

The decrease in value of the Dragon Coins is -3.93% on an average Sunday. The uncertainty of the average change is high for the Dragon Coins on Sundays. This means that it is hard to tell whether the Dragon Coins will decrease or increase in value on an average Sunday. If we look at the 68% range of the Dragon Coins, we see that on 68% of the Sundays, the expected change of the Dragon Coins is between -24.33% and 16.47%.

The increase in value of the Dragon Coins is 11.19% on an average Monday. However, the uncertainty on the average change is high for the Dragon Coins on Mondays. This is the reason why an expected increase of the Dragon Coins on an average Monday cannot be predicted. The standard deviation for Dragon Coins on Mondays is high, namely 17.43%. This means that the expected range of value change for the Dragon Coins is -6.24% and 28.62% on 68% of the Mondays.

The Dragon Coins declines in value on an average Tuesday with -1.49%. However, the uncertainty (or standard deviation) is quite large, namely 2.55%. 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 -0.13%. However, the standard deviation on this weekday is 0.72%. This means that on most Wednesdays, the change in value of the Dragon Coins is between -0.85% and 0.59%.

The expected range of change of the Dragon Coins for an average Thursday is between 0.30% and 1.46%. This is the result of an average increase in value of 0.88% and a standard deviation of %STANDARD_DEVIATION%}. This expected increase of value is calculated over the last 1 month.

It is hard to tell whether the Dragon Coins will increase or decrease in value on an average Friday. The average change on a Friday for the Dragon Coins is -0.09%. However, the standard deviation on this weekday is 0.90%. This means that on most Fridays, the change in value of the Dragon Coins is between -0.99% and 0.81%.

The increase in value of the Dragon Coins is 3.32% on an average Saturday. However, the uncertainty on the average change is high for the Dragon Coins on Saturdays. This is the reason why an expected increase of the Dragon Coins on an average Saturday cannot be predicted. The standard deviation for Dragon Coins on Saturdays is high, namely 14.13%. This means that the expected range of value change for the Dragon Coins is -10.81% and 17.46% on 68% of the Saturdays.

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 -3.93% 20.40% -24.33% to 16.47%
Monday 11.19% 17.43% -6.24% to 28.62%
Tuesday -1.49% 2.55% -4.05% to 1.06%
Wednesday -0.13% 0.72% -0.85% to 0.59%
Thursday 0.88% 0.58% 0.30% to 1.46%
Friday -0.09% 0.90% -0.99% to 0.81%
Saturday 3.32% 14.13% -10.81% to 17.46%
 

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