Metaverse ETP (ETP)

Current price: $ 0.16

24 hours price change: $ 0.001774 (1.12%)

Daily analysis of Metaverse ETP (ETP) - 1 month

The performance of Metaverse ETP regarding the price differs every day. To make the best decision to buy Metaverse ETP, we are analysis in this article the performance of Metaverse ETP on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on May 18th, 2021 to June 18th, 2021.

In the barchart below, the weekdays and average performance of Metaverse ETP are shown side by side.

Average daily change in price of Metaverse ETP per weekday between 05/18/2021 and 06/18/2021.

According to the performance of Metaverse ETP between May 18th, 2021 and June 18th, 2021, Metaverse ETP performed the best on Mondays. On average, the price of Metaverse ETP increased 2.29% on Monday.

The weekday on which the Metaverse ETP performed the worst, is Friday. On Fridays, the Metaverse ETP declined in value on average by -1.54%.

Metaverse ETP weekday performance

On an average Sunday, the Metaverse ETP increased 0.47%. However, since the expected deviation is 0.88%, the Metaverse ETP will decline in value on a Sunday quiet regularly. The expected price change of the Metaverse ETP on a Sunday is between -0.41% and 1.34%.

On an average Monday the Metaverse ETP shows an increase in value of 2.29%. However, the change of Metaverse ETP on most of the Mondays is between -2.00% and 6.59%. Therefore it is hard to tell whether an average Monday is a good day to start buying Metaverse ETPs.

Allthough the Metaverse ETP decreases in value with -0.33% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Metaverse ETP on Tuesdays is 0.25%. This means that the expected change of the value of Metaverse ETP is between -0.58% and -0.08% on 68 out of 100 Tuesdays.

Metaverse ETP increased in value on an average Wednesday only slightly. The average increase in value of the Metaverse ETP was 0.14%. Allthough the Metaverse ETP closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.20%). This means that on 68 percent of the Wednesdays, the change in price of the Metaverse ETP is expected to be in the range of -0.06% and 0.34%.

It is hard to tell whether the Metaverse ETP will increase or decrease in value on an average Thursday. The average change on a Thursday for the Metaverse ETP is -0.06%. However, the standard deviation on this weekday is 0.74%. This means that on most Thursdays, the change in value of the Metaverse ETP is between -0.80% and 0.68%.

The Metaverse ETP declines in value on an average Friday with -1.54%. However, the uncertainty (or standard deviation) is quite large, namely 2.74%. This means that it is not possible to say whether on a regular Friday the Metaverse ETP will increase or decrease in value.

It is hard to tell whether the Metaverse ETP will increase or decrease in value on an average Saturday. The average change on a Saturday for the Metaverse ETP is -0.06%. However, the standard deviation on this weekday is 1.17%. This means that on most Saturdays, the change in value of the Metaverse ETP is between -1.23% and 1.11%.

Metaverse ETP weekday performance details

Find below the details of the performance of Metaverse ETP 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 0.47% 0.88% -0.41% to 1.34%
Monday 2.29% 4.30% -2.00% to 6.59%
Tuesday -0.33% 0.25% -0.58% to -0.08%
Wednesday 0.14% 0.20% -0.06% to 0.34%
Thursday -0.06% 0.74% -0.80% to 0.68%
Friday -1.54% 2.74% -4.27% to 1.20%
Saturday -0.06% 1.17% -1.23% to 1.11%
 

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