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 April 24th, 2022 to May 24th, 2022.
In the barchart below, the weekdays and average performance of Dragon Coins are shown side by side.
According to the performance of Dragon Coins between April 24th, 2022 and May 24th, 2022, Dragon Coins performed the best on Tuesdays. On average, the price of Dragon Coins increased 3.33% on Tuesday.
The weekday on which the Dragon Coins performed the worst, is Thursday. On Thursdays, the Dragon Coins declined in value on average by -2.80%.
Dragon Coins weekday performance
On an average Sunday the Dragon Coins shows an increase in value of 2.49%. However, the change of Dragon Coins on most of the Sundays is between -3.81% and 8.80%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Dragon Coinss.
On an average Monday the Dragon Coins shows an increase in value of 2.99%. However, the change of Dragon Coins on most of the Mondays is between -2.98% and 8.96%. Therefore it is hard to tell whether an average Monday is a good day to start buying Dragon Coinss.
The increase in value of the Dragon Coins is 3.33% on an average Tuesday. However, the uncertainty on the average change is high for the Dragon Coins on Tuesdays. This is the reason why an expected increase of the Dragon Coins on an average Tuesday cannot be predicted. The standard deviation for Dragon Coins on Tuesdays is high, namely 6.41%. This means that the expected range of value change for the Dragon Coins is -3.08% and 9.74% on 68% of the Tuesdays.
The Dragon Coins declines in value on an average Wednesday with -1.90%. However, the uncertainty (or standard deviation) is quite large, namely 3.27%. This means that it is not possible to say whether on a regular Wednesday the Dragon Coins will increase or decrease in value.
The Dragon Coins declines in value on an average Thursday with -2.80%. However, the uncertainty (or standard deviation) is quite large, namely 5.97%. This means that it is not possible to say whether on a regular Thursday the Dragon Coins will increase or decrease in value.
Dragon Coins increased in value on an average Friday only slightly. The average increase in value of the Dragon Coins was 0.02%. 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 (0.15%). 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 -0.13% and 0.17%.
On Saturdays, the Dragon Coins decreases in value on average with -0.72%. On most of the Saturdays the Dragon Coins decreases in value between -2.17% and 0.72%. The uncertainty (1.45%) is higher than the average decline percentage (-0.72%). 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||2.49%||6.30%||-3.81% to 8.80%|
|Monday||2.99%||5.97%||-2.98% to 8.96%|
|Tuesday||3.33%||6.41%||-3.08% to 9.74%|
|Wednesday||-1.90%||3.27%||-5.16% to 1.37%|
|Thursday||-2.80%||5.97%||-8.76% to 3.17%|
|Friday||0.02%||0.15%||-0.13% to 0.17%|
|Saturday||-0.72%||1.45%||-2.17% to 0.72%|