Nash Exchange (NEX)

Current price: $ 1.53

24 hours price change: $ 0.07 (4.73%)

Daily analysis of Nash Exchange (NEX) - 1 month

The performance of Nash Exchange regarding the price differs every day. To make the best decision to buy Nash Exchange, we are analysis in this article the performance of Nash Exchange on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on April 16th, 2021 to May 16th, 2021.

In the barchart below, the weekdays and average performance of Nash Exchange are shown side by side.

Average daily change in price of Nash Exchange per weekday between 04/16/2021 and 05/16/2021.

According to the performance of Nash Exchange between April 16th, 2021 and May 16th, 2021, Nash Exchange performed the best on Mondays. On average, the price of Nash Exchange increased 4.16% on Monday.

The weekday on which the Nash Exchange performed the worst, is Wednesday. On Wednesdays, the Nash Exchange declined in value on average by -1.11%.

Nash Exchange weekday performance

On an average Sunday the Nash Exchange shows an increase in value of 2.83%. However, the change of Nash Exchange on most of the Sundays is between -2.43% and 8.09%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Nash Exchanges.

The increase in value of the Nash Exchange is 4.16% on an average Monday. However, the uncertainty on the average change is high for the Nash Exchange on Mondays. This is the reason why an expected increase of the Nash Exchange on an average Monday cannot be predicted. The standard deviation for Nash Exchange on Mondays is high, namely 7.06%. This means that the expected range of value change for the Nash Exchange is -2.90% and 11.22% on 68% of the Mondays.

On an average Tuesday, the Nash Exchange increased 0.56%. However, since the expected deviation is 1.34%, the Nash Exchange will decline in value on a Tuesday quiet regularly. The expected price change of the Nash Exchange on a Tuesday is between -0.78% and 1.90%.

The Nash Exchange declines in value on an average Wednesday with -1.11%. However, the uncertainty (or standard deviation) is quite large, namely 1.98%. This means that it is not possible to say whether on a regular Wednesday the Nash Exchange will increase or decrease in value.

On Thursdays, the Nash Exchange decreases in value on average with -0.88%. On most of the Thursdays the Nash Exchange decreases in value between -2.24% and 0.47%. The uncertainty (1.36%) is higher than the average decline percentage (-0.88%). Therefore, expected range of price changes of the Nash Exchange on Thursdays is large.

On an average Friday the Nash Exchange shows an increase in value of 1.41%. However, the change of Nash Exchange on most of the Fridays is between -1.34% and 4.16%. Therefore it is hard to tell whether an average Friday is a good day to start buying Nash Exchanges.

It is hard to tell whether the Nash Exchange will increase or decrease in value on an average Saturday. The average change on a Saturday for the Nash Exchange is -0.02%. However, the standard deviation on this weekday is 0.20%. This means that on most Saturdays, the change in value of the Nash Exchange is between -0.22% and 0.18%.

Nash Exchange weekday performance details

Find below the details of the performance of Nash Exchange 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 2.83% 5.26% -2.43% to 8.09%
Monday 4.16% 7.06% -2.90% to 11.22%
Tuesday 0.56% 1.34% -0.78% to 1.90%
Wednesday -1.11% 1.98% -3.08% to 0.87%
Thursday -0.88% 1.36% -2.24% to 0.47%
Friday 1.41% 2.75% -1.34% to 4.16%
Saturday -0.02% 0.20% -0.22% to 0.18%
 

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