Maximine Coin (MXM)

Current price: $ 0.000290

24 hours price change: $ 0.000007 (2.54%)

Daily analysis of Maximine Coin (MXM) - 1 year

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 year, starting on July 12th, 2019 to July 11th, 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 07/12/2019 and 07/11/2020.

According to the performance of Maximine Coin between July 12th, 2019 and July 11th, 2020, Maximine Coin performed the best on Sundays. On average, the price of Maximine Coin increased 1.46% on Sunday.

The weekday on which the Maximine Coin performed the worst, is Wednesday. On Wednesdays, the Maximine Coin declined in value on average by -1.03%.

Maximine Coin weekday performance

On an average Sunday the Maximine Coin shows an increase in value of 1.46%. However, the change of Maximine Coin on most of the Sundays is between -8.87% and 11.80%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Maximine Coins.

Maximine Coin increased in value on an average Monday only slightly. The average increase in value of the Maximine Coin was 0.19%. Allthough the Maximine Coin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (4.16%). This means that on 68 percent of the Mondays, the change in price of the Maximine Coin is expected to be in the range of -3.97% and 4.35%.

It is hard to tell whether the Maximine Coin will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Maximine Coin is -0.15%. However, the standard deviation on this weekday is 4.50%. This means that on most Tuesdays, the change in value of the Maximine Coin is between -4.65% and 4.36%.

The Maximine Coin declines in value on an average Wednesday with -1.03%. However, the uncertainty (or standard deviation) is quite large, namely 4.19%. This means that it is not possible to say whether on a regular Wednesday the Maximine Coin will increase or decrease in value.

Maximine Coin increased in value on an average Thursday only slightly. The average increase in value of the Maximine Coin was 0.15%. Allthough the Maximine Coin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (4.89%). This means that on 68 percent of the Thursdays, the change in price of the Maximine Coin is expected to be in the range of -4.74% and 5.04%.

On Fridays, the Maximine Coin decreases in value on average with -0.68%. On most of the Fridays the Maximine Coin decreases in value between -4.31% and 2.96%. The uncertainty (3.63%) is higher than the average decline percentage (-0.68%). Therefore, expected range of price changes of the Maximine Coin on Fridays is large.

Maximine Coin increased in value on an average Saturday only slightly. The average increase in value of the Maximine Coin was 0.02%. Allthough the Maximine Coin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (4.56%). This means that on 68 percent of the Saturdays, the change in price of the Maximine Coin is expected to be in the range of -4.54% and 4.57%.

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 1.46% 10.33% -8.87% to 11.80%
Monday 0.19% 4.16% -3.97% to 4.35%
Tuesday -0.15% 4.50% -4.65% to 4.36%
Wednesday -1.03% 4.19% -5.22% to 3.16%
Thursday 0.15% 4.89% -4.74% to 5.04%
Friday -0.68% 3.63% -4.31% to 2.96%
Saturday 0.02% 4.56% -4.54% to 4.57%
 

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