Nash Exchange (NEX)

Current price: $ 0.84

24 hours price change: $ -0.05 (-5.68%)

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 February 9th, 2020 to July 3rd, 2020.

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 02/09/2020 and 07/03/2020.

According to the performance of Nash Exchange between February 9th, 2020 and July 3rd, 2020, Nash Exchange performed the best on Wednesdays. On average, the price of Nash Exchange increased 0.38% on Wednesday.

The weekday on which the Nash Exchange performed the worst, is Saturday. On Saturdays, the Nash Exchange declined in value on average by -1.03%.

Nash Exchange weekday performance

Allthough the Nash Exchange decreases in value with -0.32% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Nash Exchange on Sundays is 1.34%. This means that the expected change of the value of Nash Exchange is between -1.65% and 1.02% on 68 out of 100 Sundays.

It is hard to tell whether the Nash Exchange will increase or decrease in value on an average Monday. The average change on a Monday for the Nash Exchange is -0.30%. However, the standard deviation on this weekday is 0.62%. This means that on most Mondays, the change in value of the Nash Exchange is between -0.92% and 0.32%.

Nash Exchange increased in value on an average Tuesday only slightly. The average increase in value of the Nash Exchange was 0.28%. 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 (1.22%). This means that on 68 percent of the Tuesdays, the change in price of the Nash Exchange is expected to be in the range of -0.95% and 1.50%.

On an average Wednesday, the Nash Exchange increased 0.38%. However, since the expected deviation is 1.27%, the Nash Exchange will decline in value on a Wednesday quiet regularly. The expected price change of the Nash Exchange on a Wednesday is between -0.88% and 1.65%.

Nash Exchange increased in value on an average Thursday only slightly. The average increase in value of the Nash Exchange was 0.13%. 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 (0.82%). This means that on 68 percent of the Thursdays, the change in price of the Nash Exchange is expected to be in the range of -0.69% and 0.95%.

On Fridays, the Nash Exchange decreases in value on average with -0.69%. On most of the Fridays the Nash Exchange decreases in value between -2.78% and 1.40%. The uncertainty (2.09%) is higher than the average decline percentage (-0.69%). Therefore, expected range of price changes of the Nash Exchange on Fridays is large.

The Nash Exchange declines in value on an average Saturday with -1.03%. However, the uncertainty (or standard deviation) is quite large, namely 2.41%. This means that it is not possible to say whether on a regular Saturday the Nash Exchange will increase or decrease in value.

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 -0.32% 1.34% -1.65% to 1.02%
Monday -0.30% 0.62% -0.92% to 0.32%
Tuesday 0.28% 1.22% -0.95% to 1.50%
Wednesday 0.38% 1.27% -0.88% to 1.65%
Thursday 0.13% 0.82% -0.69% to 0.95%
Friday -0.69% 2.09% -2.78% to 1.40%
Saturday -1.03% 2.41% -3.44% to 1.38%
 

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