Maximine Coin (MXM)

Current price: $ 0.000302

24 hours price change: $ 0.000159 (111.11%)

Daily analysis of Maximine Coin (MXM) - 1 month

The performance of Maximine Coin regarding the price differs every day. To make the best decision to buy Maximine Coin, we are analysis in this article the performance of Maximine Coin on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on June 5th, 2020 to July 4th, 2020.

In the barchart below, the weekdays and average performance of Maximine Coin are shown side by side.

Average daily change in price of Maximine Coin per weekday between 06/05/2020 and 07/04/2020.

According to the performance of Maximine Coin between June 5th, 2020 and July 4th, 2020, Maximine Coin performed the best on Saturdays. On average, the price of Maximine Coin increased 3.94% on Saturday.

The weekday on which the Maximine Coin performed the worst, is Tuesday. On Tuesdays, the Maximine Coin declined in value on average by -3.97%.

Maximine Coin weekday performance

On Sundays, the Maximine Coin decreases in value on average with -0.71%. On most of the Sundays the Maximine Coin decreases in value between -1.49% and 0.07%. The uncertainty (0.78%) is higher than the average decline percentage (-0.71%). Therefore, expected range of price changes of the Maximine Coin on Sundays is large.

The Maximine Coin declines in value on an average Monday with -2.97%. However, the uncertainty (or standard deviation) is quite large, namely 3.02%. This means that it is not possible to say whether on a regular Monday the Maximine Coin will increase or decrease in value.

The decrease in value of the Maximine Coin is -3.97% on an average Tuesday. The uncertainty of the average change is high for the Maximine Coin on Tuesdays. This means that it is hard to tell whether the Maximine Coin will decrease or increase in value on an average Tuesday. If we look at the 68% range of the Maximine Coin, we see that on 68% of the Tuesdays, the expected change of the Maximine Coin is between -8.55% and 0.61%.

The Maximine Coin declines in value on an average Wednesday with -2.32%. However, the uncertainty (or standard deviation) is quite large, namely 2.50%. This means that it is not possible to say whether on a regular Wednesday the Maximine Coin will increase or decrease in value.

On an average Thursday the Maximine Coin shows a high increase in value, namely 2.57%. The standard deviation is below the average increase percentage (standard deviation is 1.78%), meaning that on 68% of the Thursdays the Maximine Coin will increase with a percentage between 0.79% and 4.34%. This also means that, on average, on 16 percent of the Thursdays, the Maximine Coin will increase with a percentage above this range. On the other 16% of the Thursdays, the Maximine Coin will change with a percentage below the 0.79%.

The Maximine Coin declines in value on an average Friday with -2.62%. However, the uncertainty (or standard deviation) is quite large, namely 4.81%. This means that it is not possible to say whether on a regular Friday the Maximine Coin will increase or decrease in value.

On Saturdays, the average increase of the value of the Maximine Coin is very high. The average increase is 3.94%. The standard deviation of the Maximine Coin on Saturdays is 3.87%. This means that on 68% of the Saturdays, the Maximine Coin increases between 0.07% and 7.81%. The uncertainty is therefore not very high, since on most Saturdays, the value of the Maximine Coin will increase.

Maximine Coin weekday performance details

Find below the details of the performance of Maximine Coin 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 -0.71% 0.78% -1.49% to 0.07%
Monday -2.97% 3.02% -5.99% to 0.05%
Tuesday -3.97% 4.58% -8.55% to 0.61%
Wednesday -2.32% 2.50% -4.82% to 0.18%
Thursday 2.57% 1.78% 0.79% to 4.34%
Friday -2.62% 4.81% -7.43% to 2.19%
Saturday 3.94% 3.87% 0.07% to 7.81%
 

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