VeChain (VEN)

Current price: $ 1.08

24 hours price change: - (-)

Daily analysis of VeChain (VEN) - 1 month

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 1 month, starting on June 5th, 2020 to July 4th, 2020.

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 06/05/2020 and 07/04/2020.

The weekday on which the VeChain performed the worst, is Thursday. On Thursdays, the VeChain declined in value on average by -13.85%.

VeChain weekday performance

The decrease in value of the VeChain is -9.23% 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 -18.46% and 0.00%.

The decrease in value of the VeChain is -9.22% on an average Monday. The uncertainty of the average change is high for the VeChain on Mondays. This means that it is hard to tell whether the VeChain will decrease or increase in value on an average Monday. If we look at the 68% range of the VeChain, we see that on 68% of the Mondays, the expected change of the VeChain is between -18.46% and 0.02%.

The decrease in value of the VeChain is -9.22% 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 -18.47% and 0.03%.

The decrease in value of the VeChain is -9.22% 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 -18.46% and 0.01%.

The decrease in value of the VeChain is -13.85% 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 -21.86% and -5.84%.

The decrease in value of the VeChain is -11.11% 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 -20.14% and -2.09%.

The decrease in value of the VeChain is -11.10% 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 -20.16% and -2.05%.

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 -9.23% 9.23% -18.46% to 0.00%
Monday -9.22% 9.24% -18.46% to 0.02%
Tuesday -9.22% 9.25% -18.47% to 0.03%
Wednesday -9.22% 9.23% -18.46% to 0.01%
Thursday -13.85% 8.01% -21.86% to -5.84%
Friday -11.11% 9.02% -20.14% to -2.09%
Saturday -11.10% 9.06% -20.16% to -2.05%
 

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