Maximine Coin (MXM)

Current price: $ 0.000070

24 hours price change: $ -0.00000007 (-0.10%)

Daily analysis of Maximine Coin (MXM) - 6 months

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 6 months, starting on January 26th, 2021 to July 26th, 2021.

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 01/26/2021 and 07/26/2021.

According to the performance of Maximine Coin between January 26th, 2021 and July 26th, 2021, Maximine Coin performed the best on Mondays. On average, the price of Maximine Coin increased 0.63% on Monday.

The weekday on which the Maximine Coin performed the worst, is Friday. On Fridays, the Maximine Coin declined in value on average by -0.31%.

Maximine Coin weekday performance

Maximine Coin increased in value on an average Sunday only slightly. The average increase in value of the Maximine Coin was 0.28%. 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 (1.73%). This means that on 68 percent of the Sundays, the change in price of the Maximine Coin is expected to be in the range of -1.45% and 2.01%.

Historical performance on Monday do not show an increase in value of the Maximine Coin on which a prediction can be made. The Maximine Coin increased in value on average on an average Monday with 0.63%. However, the uncertainty of this increase is high. The expected change in value of the Maximine Coin on a Monday is between -1.77% and 3.02% (see also the table below).

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 -0.05%. However, the standard deviation on this weekday is 1.82%. This means that on most Tuesdays, the change in value of the Maximine Coin is between -1.87% and 1.77%.

On an average Wednesday, the Maximine Coin increased 0.50%. However, since the expected deviation is 2.18%, the Maximine Coin will decline in value on a Wednesday quiet regularly. The expected price change of the Maximine Coin on a Wednesday is between -1.67% and 2.68%.

Maximine Coin increased in value on an average Thursday only slightly. The average increase in value of the Maximine Coin was 0.20%. 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 (1.24%). 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 -1.04% and 1.44%.

Allthough the Maximine Coin decreases in value with -0.31% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Maximine Coin on Fridays is 3.22%. This means that the expected change of the value of Maximine Coin is between -3.53% and 2.91% on 68 out of 100 Fridays.

It is hard to tell whether the Maximine Coin will increase or decrease in value on an average Saturday. The average change on a Saturday for the Maximine Coin is -0.15%. However, the standard deviation on this weekday is 1.09%. This means that on most Saturdays, the change in value of the Maximine Coin is between -1.24% and 0.94%.

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 0.28% 1.73% -1.45% to 2.01%
Monday 0.63% 2.39% -1.77% to 3.02%
Tuesday -0.05% 1.82% -1.87% to 1.77%
Wednesday 0.50% 2.18% -1.67% to 2.68%
Thursday 0.20% 1.24% -1.04% to 1.44%
Friday -0.31% 3.22% -3.53% to 2.91%
Saturday -0.15% 1.09% -1.24% to 0.94%
 

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