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 year, starting on January 24th, 2021 to January 24th, 2022.
In the barchart below, the weekdays and average performance of Metaverse ETP are shown side by side.
According to the performance of Metaverse ETP between January 24th, 2021 and January 24th, 2022, Metaverse ETP performed the best on Fridays. On average, the price of Metaverse ETP increased 1.89% on Friday.
The weekday on which the Metaverse ETP performed the worst, is Tuesday. On Tuesdays, the Metaverse ETP declined in value on average by -0.35%.
Metaverse ETP weekday performance
Metaverse ETP increased in value on an average Sunday only slightly. The average increase in value of the Metaverse ETP was 0.06%. 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 (2.22%). This means that on 68 percent of the Sundays, the change in price of the Metaverse ETP is expected to be in the range of -2.16% and 2.29%.
On an average Monday, the Metaverse ETP increased 0.40%. However, since the expected deviation is 4.33%, the Metaverse ETP will decline in value on a Monday quiet regularly. The expected price change of the Metaverse ETP on a Monday is between -3.93% and 4.73%.
Allthough the Metaverse ETP decreases in value with -0.35% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Metaverse ETP on Tuesdays is 3.53%. This means that the expected change of the value of Metaverse ETP is between -3.89% and 3.18% on 68 out of 100 Tuesdays.
Historical performance on Wednesday do not show an increase in value of the Metaverse ETP on which a prediction can be made. The Metaverse ETP increased in value on average on an average Wednesday with 0.71%. However, the uncertainty of this increase is high. The expected change in value of the Metaverse ETP on a Wednesday is between -1.37% and 2.79% (see also the table below).
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 -0.05%. However, the standard deviation on this weekday is 2.37%. This means that on most Thursdays, the change in value of the Metaverse ETP is between -2.43% and 2.32%.
On an average Friday the Metaverse ETP shows an increase in value of 1.89%. However, the change of Metaverse ETP on most of the Fridays is between -9.55% and 13.33%. Therefore it is hard to tell whether an average Friday is a good day to start buying Metaverse ETPs.
Historical performance on Saturday do not show an increase in value of the Metaverse ETP on which a prediction can be made. The Metaverse ETP increased in value on average on an average Saturday with 0.66%. However, the uncertainty of this increase is high. The expected change in value of the Metaverse ETP on a Saturday is between -2.73% and 4.05% (see also the table below).
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||0.06%||2.22%||-2.16% to 2.29%|
|Monday||0.40%||4.33%||-3.93% to 4.73%|
|Tuesday||-0.35%||3.53%||-3.89% to 3.18%|
|Wednesday||0.71%||2.08%||-1.37% to 2.79%|
|Thursday||-0.05%||2.37%||-2.43% to 2.32%|
|Friday||1.89%||11.44%||-9.55% to 13.33%|
|Saturday||0.66%||3.39%||-2.73% to 4.05%|