Dragon Coins (DRG)

Current price: $ 0.003604

24 hours price change: $ 0.000450 (14.26%)

Daily analysis of Dragon Coins (DRG) - 6 months

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 6 months, starting on January 30th, 2021 to July 30th, 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 01/30/2021 and 07/30/2021.

According to the performance of Dragon Coins between January 30th, 2021 and July 30th, 2021, Dragon Coins performed the best on Mondays. On average, the price of Dragon Coins increased 3.21% on Monday.

The weekday on which the Dragon Coins performed the worst, is Thursday. On Thursdays, the Dragon Coins declined in value on average by -0.99%.

Dragon Coins weekday performance

Historical performance on Sunday 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 Sunday with 0.68%. However, the uncertainty of this increase is high. The expected change in value of the Dragon Coins on a Sunday is between -11.21% and 12.58% (see also the table below).

The increase in value of the Dragon Coins is 3.21% 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 9.25%. This means that the expected range of value change for the Dragon Coins is -6.05% and 12.46% on 68% of the Mondays.

On Tuesdays, the Dragon Coins decreases in value on average with -0.96%. On most of the Tuesdays the Dragon Coins decreases in value between -4.23% and 2.31%. The uncertainty (3.27%) is higher than the average decline percentage (-0.96%). Therefore, expected range of price changes of the Dragon Coins on Tuesdays is large.

On an average Wednesday, the Dragon Coins increased 0.48%. However, since the expected deviation is 8.19%, the Dragon Coins will decline in value on a Wednesday quiet regularly. The expected price change of the Dragon Coins on a Wednesday is between -7.71% and 8.67%.

On Thursdays, the Dragon Coins decreases in value on average with -0.99%. On most of the Thursdays the Dragon Coins decreases in value between -8.27% and 6.30%. The uncertainty (7.29%) is higher than the average decline percentage (-0.99%). Therefore, expected range of price changes of the Dragon Coins on Thursdays is large.

Historical performance on Friday 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 Friday with 0.72%. However, the uncertainty of this increase is high. The expected change in value of the Dragon Coins on a Friday is between -3.90% and 5.34% (see also the table below).

Allthough the Dragon Coins decreases in value with -0.36% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Dragon Coins on Saturdays is 6.88%. This means that the expected change of the value of Dragon Coins is between -7.24% and 6.52% on 68 out of 100 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 0.68% 11.90% -11.21% to 12.58%
Monday 3.21% 9.25% -6.05% to 12.46%
Tuesday -0.96% 3.27% -4.23% to 2.31%
Wednesday 0.48% 8.19% -7.71% to 8.67%
Thursday -0.99% 7.29% -8.27% to 6.30%
Friday 0.72% 4.62% -3.90% to 5.34%
Saturday -0.36% 6.88% -7.24% to 6.52%
 

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