The performance of MX Token regarding the price differs every day. To make the best decision to buy MX Token, we are analysis in this article the performance of MX Token on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on November 3rd, 2019 to August 11th, 2020.
In the barchart below, the weekdays and average performance of MX Token are shown side by side.
Average daily change in price of MX Token per weekday between 11/03/2019 and 08/11/2020.
According to the performance of MX Token between November 3rd, 2019 and August 11th, 2020, MX Token performed the best on Tuesdays. On average, the price of MX Token increased 0.10% on Tuesday.
The weekday on which the MX Token performed the worst, is Friday. On Fridays, the MX Token declined in value on average by -0.32%.
MX Token weekday performance
It is hard to tell whether the MX Token will increase or decrease in value on an average Sunday. The average change on a Sunday for the MX Token is -0.06%. However, the standard deviation on this weekday is 1.82%. This means that on most Sundays, the change in value of the MX Token is between -1.88% and 1.76%.
It is hard to tell whether the MX Token will increase or decrease in value on an average Monday. The average change on a Monday for the MX Token is -0.09%. However, the standard deviation on this weekday is 1.28%. This means that on most Mondays, the change in value of the MX Token is between -1.38% and 1.19%.
MX Token increased in value on an average Tuesday only slightly. The average increase in value of the MX Token was 0.10%. Allthough the MX Token closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.31%). This means that on 68 percent of the Tuesdays, the change in price of the MX Token is expected to be in the range of -1.21% and 1.40%.
It is hard to tell whether the MX Token will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the MX Token is -0.27%. However, the standard deviation on this weekday is 1.59%. This means that on most Wednesdays, the change in value of the MX Token is between -1.85% and 1.32%.
It is hard to tell whether the MX Token will increase or decrease in value on an average Thursday. The average change on a Thursday for the MX Token is -0.26%. However, the standard deviation on this weekday is 2.15%. This means that on most Thursdays, the change in value of the MX Token is between -2.41% and 1.89%.
Allthough the MX Token decreases in value with -0.32% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of MX Token on Fridays is 1.69%. This means that the expected change of the value of MX Token is between -2.01% and 1.37% on 68 out of 100 Fridays.
It is hard to tell whether the MX Token will increase or decrease in value on an average Saturday. The average change on a Saturday for the MX Token is -0.06%. However, the standard deviation on this weekday is 1.30%. This means that on most Saturdays, the change in value of the MX Token is between -1.36% and 1.24%.
MX Token weekday performance details
Find below the details of the performance of MX Token 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% | 1.82% | -1.88% to 1.76% |
| Monday | -0.09% | 1.28% | -1.38% to 1.19% |
| Tuesday | 0.10% | 1.31% | -1.21% to 1.40% |
| Wednesday | -0.27% | 1.59% | -1.85% to 1.32% |
| Thursday | -0.26% | 2.15% | -2.41% to 1.89% |
| Friday | -0.32% | 1.69% | -2.01% to 1.37% |
| Saturday | -0.06% | 1.30% | -1.36% to 1.24% |