Nash Exchange (NEX)

Current price: $ 1.03

24 hours price change: $ -0.01 (-1.00%)

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 February 4th, 2021 to March 4th, 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 02/04/2021 and 03/04/2021.

According to the performance of Nash Exchange between February 4th, 2021 and March 4th, 2021, Nash Exchange performed the best on Wednesdays. On average, the price of Nash Exchange increased 3.83% on Wednesday.

The weekday on which the Nash Exchange performed the worst, is Tuesday. On Tuesdays, the Nash Exchange declined in value on average by -2.11%.

Nash Exchange weekday performance

The increase in value of the Nash Exchange is 3.70% on an average Sunday. However, the uncertainty on the average change is high for the Nash Exchange on Sundays. This is the reason why an expected increase of the Nash Exchange on an average Sunday cannot be predicted. The standard deviation for Nash Exchange on Sundays is high, namely 8.06%. This means that the expected range of value change for the Nash Exchange is -4.36% and 11.76% on 68% of the Sundays.

Nash Exchange increased in value on an average Monday only slightly. The average increase in value of the Nash Exchange was 0.21%. Allthough the Nash Exchange closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.99%). This means that on 68 percent of the Mondays, the change in price of the Nash Exchange is expected to be in the range of -1.78% and 2.20%.

The Nash Exchange declines in value on an average Tuesday with -2.11%. However, the uncertainty (or standard deviation) is quite large, namely 3.91%. This means that it is not possible to say whether on a regular Tuesday the Nash Exchange will increase or decrease in value.

On Wednesdays, the average increase of the value of the Nash Exchange is very high. The average increase is 3.83%. The standard deviation of the Nash Exchange on Wednesdays is 2.24%. This means that on 68% of the Wednesdays, the Nash Exchange increases between 1.59% and 6.07%. The uncertainty is therefore not very high, since on most Wednesdays, the value of the Nash Exchange will increase.

The increase in value of the Nash Exchange is 3.14% on an average Thursday. However, the uncertainty on the average change is high for the Nash Exchange on Thursdays. This is the reason why an expected increase of the Nash Exchange on an average Thursday cannot be predicted. The standard deviation for Nash Exchange on Thursdays is high, namely 4.23%. This means that the expected range of value change for the Nash Exchange is -1.09% and 7.37% on 68% of the Thursdays.

It is hard to tell whether the Nash Exchange will increase or decrease in value on an average Friday. The average change on a Friday for the Nash Exchange is -0.23%. However, the standard deviation on this weekday is 1.88%. This means that on most Fridays, the change in value of the Nash Exchange is between -2.11% and 1.65%.

On an average Saturday the Nash Exchange shows an increase in value of 1.01%. However, the change of Nash Exchange on most of the Saturdays is between -1.55% and 3.58%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Nash Exchanges.

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 3.70% 8.06% -4.36% to 11.76%
Monday 0.21% 1.99% -1.78% to 2.20%
Tuesday -2.11% 3.91% -6.02% to 1.79%
Wednesday 3.83% 2.24% 1.59% to 6.07%
Thursday 3.14% 4.23% -1.09% to 7.37%
Friday -0.23% 1.88% -2.11% to 1.65%
Saturday 1.01% 2.56% -1.55% to 3.58%
 

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