MX Token (MX)

Current price: $ 1.15

24 hours price change: $ -0.05 (-4.40%)

Daily analysis of MX Token (MX) - 6 months

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 6 months, starting on November 6th, 2020 to May 6th, 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 11/06/2020 and 05/06/2021.

According to the performance of MX Token between November 6th, 2020 and May 6th, 2021, MX Token performed the best on Tuesdays. On average, the price of MX Token increased 1.29% on Tuesday.

The weekday on which the MX Token performed the worst, is Sunday. On Sundays, the MX Token declined in value on average by -0.85%.

MX Token weekday performance

On Sundays, the MX Token decreases in value on average with -0.85%. On most of the Sundays the MX Token decreases in value between -4.63% and 2.92%. The uncertainty (3.77%) is higher than the average decline percentage (-0.85%). Therefore, expected range of price changes of the MX Token on Sundays is large.

Historical performance on Monday do not show an increase in value of the MX Token on which a prediction can be made. The MX Token increased in value on average on an average Monday with 0.81%. However, the uncertainty of this increase is high. The expected change in value of the MX Token on a Monday is between -3.90% and 5.51% (see also the table below).

On an average Tuesday the MX Token shows an increase in value of 1.29%. However, the change of MX Token on most of the Tuesdays is between -2.73% and 5.32%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying MX Tokens.

On an average Wednesday, the MX Token increased 0.52%. However, since the expected deviation is 8.17%, the MX Token will decline in value on a Wednesday quiet regularly. The expected price change of the MX Token on a Wednesday is between -7.66% and 8.69%.

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 -0.06%. However, the standard deviation on this weekday is 2.74%. This means that on most Thursdays, the change in value of the MX Token is between -2.80% and 2.68%.

Historical performance on Friday do not show an increase in value of the MX Token on which a prediction can be made. The MX Token increased in value on average on an average Friday with 0.95%. However, the uncertainty of this increase is high. The expected change in value of the MX Token on a Friday is between -3.28% and 5.19% (see also the table below).

On an average Saturday the MX Token shows an increase in value of 1.21%. However, the change of MX Token on most of the Saturdays is between -3.29% and 5.70%. Therefore it is hard to tell whether an average Saturday is a good day to start buying MX Tokens.

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 -0.85% 3.77% -4.63% to 2.92%
Monday 0.81% 4.70% -3.90% to 5.51%
Tuesday 1.29% 4.03% -2.73% to 5.32%
Wednesday 0.52% 8.17% -7.66% to 8.69%
Thursday -0.06% 2.74% -2.80% to 2.68%
Friday 0.95% 4.23% -3.28% to 5.19%
Saturday 1.21% 4.50% -3.29% to 5.70%
 

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