MX Token (MX)

Current price: $ 2.28

24 hours price change: $ 0.72 (46.72%)

Daily analysis of MX Token (MX) - 1 month

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 1 month, starting on April 11th, 2021 to May 11th, 2021.

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 04/11/2021 and 05/11/2021.

According to the performance of MX Token between April 11th, 2021 and May 11th, 2021, MX Token performed the best on Mondays. On average, the price of MX Token increased 1.98% on Monday.

The weekday on which the MX Token performed the worst, is Wednesday. On Wednesdays, the MX Token declined in value on average by -1.27%.

MX Token weekday performance

The expected range of change of the MX Token for an average Sunday is between 0.12% and 1.41%. This is the result of an average increase in value of 0.77% and a standard deviation of %STANDARD_DEVIATION%}. This expected increase of value is calculated over the last 1 month.

On an average Monday the MX Token shows an increase in value of 1.98%. However, the change of MX Token on most of the Mondays is between -1.45% and 5.40%. Therefore it is hard to tell whether an average Monday is a good day to start buying MX Tokens.

On an average Tuesday the MX Token shows an increase in value of 1.85%. However, the change of MX Token on most of the Tuesdays is between -1.64% and 5.34%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying MX Tokens.

The MX Token declines in value on an average Wednesday with -1.27%. However, the uncertainty (or standard deviation) is quite large, namely 2.21%. This means that it is not possible to say whether on a regular Wednesday the MX Token will increase or decrease in value.

On an average Thursday the MX Token shows an increase in value of 1.26%. However, the change of MX Token on most of the Thursdays is between -0.51% and 3.03%. Therefore it is hard to tell whether an average Thursday is a good day to start buying MX Tokens.

On an average Friday the MX Token shows an increase in value of 1.44%. However, the change of MX Token on most of the Fridays is between -1.09% and 3.97%. Therefore it is hard to tell whether an average Friday is a good day to start buying MX Tokens.

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 -0.10%. However, the standard deviation on this weekday is 0.17%. This means that on most Saturdays, the change in value of the MX Token is between -0.27% and 0.07%.

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 0.77% 0.65% 0.12% to 1.41%
Monday 1.98% 3.42% -1.45% to 5.40%
Tuesday 1.85% 3.49% -1.64% to 5.34%
Wednesday -1.27% 2.21% -3.47% to 0.94%
Thursday 1.26% 1.77% -0.51% to 3.03%
Friday 1.44% 2.53% -1.09% to 3.97%
Saturday -0.10% 0.17% -0.27% to 0.07%
 

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