Nash Exchange (NEX)

Current price: $ 1.60

24 hours price change: $ -0.03 (-1.68%)

Daily analysis of Nash Exchange (NEX) - 6 months

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 6 months, starting on November 12th, 2020 to May 12th, 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 11/12/2020 and 05/12/2021.

According to the performance of Nash Exchange between November 12th, 2020 and May 12th, 2021, Nash Exchange performed the best on Mondays. On average, the price of Nash Exchange increased 1.21% on Monday.

The weekday on which the Nash Exchange performed the worst, is Tuesday. On Tuesdays, the Nash Exchange declined in value on average by -1.31%.

Nash Exchange weekday performance

Historical performance on Sunday do not show an increase in value of the Nash Exchange on which a prediction can be made. The Nash Exchange increased in value on average on an average Sunday with 0.92%. However, the uncertainty of this increase is high. The expected change in value of the Nash Exchange on a Sunday is between -5.00% and 6.85% (see also the table below).

On an average Monday the Nash Exchange shows an increase in value of 1.21%. However, the change of Nash Exchange on most of the Mondays is between -2.71% and 5.13%. Therefore it is hard to tell whether an average Monday is a good day to start buying Nash Exchanges.

The Nash Exchange declines in value on an average Tuesday with -1.31%. However, the uncertainty (or standard deviation) is quite large, namely 4.43%. This means that it is not possible to say whether on a regular Tuesday the Nash Exchange will increase or decrease in value.

Nash Exchange increased in value on an average Wednesday only slightly. The average increase in value of the Nash Exchange was 0.29%. 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 (4.32%). This means that on 68 percent of the Wednesdays, the change in price of the Nash Exchange is expected to be in the range of -4.03% and 4.61%.

On an average Thursday, the Nash Exchange increased 0.40%. However, since the expected deviation is 3.83%, the Nash Exchange will decline in value on a Thursday quiet regularly. The expected price change of the Nash Exchange on a Thursday is between -3.44% and 4.23%.

Allthough the Nash Exchange decreases in value with -0.48% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Nash Exchange on Fridays is 4.64%. This means that the expected change of the value of Nash Exchange is between -5.12% and 4.16% on 68 out of 100 Fridays.

Allthough the Nash Exchange decreases in value with -0.36% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Nash Exchange on Saturdays is 3.02%. This means that the expected change of the value of Nash Exchange is between -3.39% and 2.66% on 68 out of 100 Saturdays.

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 0.92% 5.93% -5.00% to 6.85%
Monday 1.21% 3.92% -2.71% to 5.13%
Tuesday -1.31% 4.43% -5.74% to 3.11%
Wednesday 0.29% 4.32% -4.03% to 4.61%
Thursday 0.40% 3.83% -3.44% to 4.23%
Friday -0.48% 4.64% -5.12% to 4.16%
Saturday -0.36% 3.02% -3.39% to 2.66%
 

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