Metaverse ETP (ETP)

Current price: $ 0.25

24 hours price change: $ 0.01 (4.42%)

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 February 8th, 2021 to March 8th, 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 02/08/2021 and 03/08/2021.

According to the performance of Metaverse ETP between February 8th, 2021 and March 8th, 2021, Metaverse ETP performed the best on Saturdays. On average, the price of Metaverse ETP increased 6.39% on Saturday.

The weekday on which the Metaverse ETP performed the worst, is Monday. On Mondays, the Metaverse ETP declined in value on average by -3.87%.

Metaverse ETP weekday performance

It is hard to tell whether the Metaverse ETP will increase or decrease in value on an average Sunday. The average change on a Sunday for the Metaverse ETP is -0.05%. However, the standard deviation on this weekday is 2.19%. This means that on most Sundays, the change in value of the Metaverse ETP is between -2.24% and 2.13%.

The decrease in value of the Metaverse ETP is -3.87% on an average Monday. The uncertainty of the average change is high for the Metaverse ETP on Mondays. This means that it is hard to tell whether the Metaverse ETP will decrease or increase in value on an average Monday. If we look at the 68% range of the Metaverse ETP, we see that on 68% of the Mondays, the expected change of the Metaverse ETP is between -13.05% and 5.31%.

The Metaverse ETP declines in value on an average Tuesday with -1.39%. However, the uncertainty (or standard deviation) is quite large, namely 2.14%. This means that it is not possible to say whether on a regular Tuesday the Metaverse ETP will increase or decrease in value.

On an average Wednesday the Metaverse ETP shows an increase in value of 1.05%. However, the change of Metaverse ETP on most of the Wednesdays is between -0.68% and 2.79%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Metaverse ETPs.

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 0.00%. However, the standard deviation on this weekday is 0.72%. This means that on most Thursdays, the change in value of the Metaverse ETP is between -0.72% and 0.72%.

Metaverse ETP increased in value on an average Friday only slightly. The average increase in value of the Metaverse ETP was 0.22%. 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 (2.12%). This means that on 68 percent of the Fridays, the change in price of the Metaverse ETP is expected to be in the range of -1.91% and 2.34%.

The increase in value of the Metaverse ETP is 6.39% on an average Saturday. However, the uncertainty on the average change is high for the Metaverse ETP on Saturdays. This is the reason why an expected increase of the Metaverse ETP on an average Saturday cannot be predicted. The standard deviation for Metaverse ETP on Saturdays is high, namely 6.66%. This means that the expected range of value change for the Metaverse ETP is -0.27% and 13.06% on 68% of the Saturdays.

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 -0.05% 2.19% -2.24% to 2.13%
Monday -3.87% 9.18% -13.05% to 5.31%
Tuesday -1.39% 2.14% -3.52% to 0.75%
Wednesday 1.05% 1.73% -0.68% to 2.79%
Thursday 0.00% 0.72% -0.72% to 0.72%
Friday 0.22% 2.12% -1.91% to 2.34%
Saturday 6.39% 6.66% -0.27% to 13.06%
 

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