VeChain (VEN)

Current price: $ 5.86

24 hours price change: $ 0.08 (1.42%)

Daily analysis of VeChain (VEN) - all

The performance of VeChain regarding the price differs every day. To make the best decision to buy VeChain, we are analysis in this article the performance of VeChain on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on October 21st, 2013 to January 20th, 2022.

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

Average daily change in price of VeChain per weekday between 10/21/2013 and 01/20/2022.

The weekday on which the VeChain performed the worst, is Sunday. On Sundays, the VeChain declined in value on average by -5.97%.

VeChain weekday performance

The decrease in value of the VeChain is -5.97% on an average Sunday. The uncertainty of the average change is high for the VeChain on Sundays. This means that it is hard to tell whether the VeChain will decrease or increase in value on an average Sunday. If we look at the 68% range of the VeChain, we see that on 68% of the Sundays, the expected change of the VeChain is between -25.43% and 13.49%.

On Mondays, the VeChain decreases in value on average with -0.90%. On most of the Mondays the VeChain decreases in value between -98.07% and 96.28%. The uncertainty (97.18%) is higher than the average decline percentage (-0.90%). Therefore, expected range of price changes of the VeChain on Mondays is large.

The decrease in value of the VeChain is -4.46% on an average Tuesday. The uncertainty of the average change is high for the VeChain on Tuesdays. This means that it is hard to tell whether the VeChain will decrease or increase in value on an average Tuesday. If we look at the 68% range of the VeChain, we see that on 68% of the Tuesdays, the expected change of the VeChain is between -27.28% and 18.36%.

The decrease in value of the VeChain is -4.82% on an average Wednesday. The uncertainty of the average change is high for the VeChain on Wednesdays. This means that it is hard to tell whether the VeChain will decrease or increase in value on an average Wednesday. If we look at the 68% range of the VeChain, we see that on 68% of the Wednesdays, the expected change of the VeChain is between -25.36% and 15.72%.

The decrease in value of the VeChain is -4.62% on an average Thursday. The uncertainty of the average change is high for the VeChain on Thursdays. This means that it is hard to tell whether the VeChain will decrease or increase in value on an average Thursday. If we look at the 68% range of the VeChain, we see that on 68% of the Thursdays, the expected change of the VeChain is between -30.13% and 20.89%.

The decrease in value of the VeChain is -5.31% on an average Friday. The uncertainty of the average change is high for the VeChain on Fridays. This means that it is hard to tell whether the VeChain will decrease or increase in value on an average Friday. If we look at the 68% range of the VeChain, we see that on 68% of the Fridays, the expected change of the VeChain is between -23.01% and 12.39%.

The decrease in value of the VeChain is -5.29% on an average Saturday. The uncertainty of the average change is high for the VeChain on Saturdays. This means that it is hard to tell whether the VeChain will decrease or increase in value on an average Saturday. If we look at the 68% range of the VeChain, we see that on 68% of the Saturdays, the expected change of the VeChain is between -24.15% and 13.58%.

VeChain weekday performance details

Find below the details of the performance of VeChain 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 -5.97% 19.46% -25.43% to 13.49%
Monday -0.90% 97.18% -98.07% to 96.28%
Tuesday -4.46% 22.82% -27.28% to 18.36%
Wednesday -4.82% 20.54% -25.36% to 15.72%
Thursday -4.62% 25.51% -30.13% to 20.89%
Friday -5.31% 17.70% -23.01% to 12.39%
Saturday -5.29% 18.86% -24.15% to 13.58%
 

About Us

: Financial indicators for cryptocurrencies