VeChain (VEN)

Current price: $ 1.09

24 hours price change: - (-)

Daily analysis of VeChain (VEN) - 6 months

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 6 months, starting on January 3rd, 2020 to July 2nd, 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 01/03/2020 and 07/02/2020.

The weekday on which the VeChain performed the worst, is Thursday. On Thursdays, the VeChain declined in value on average by -1.97%.

VeChain weekday performance

The VeChain declines in value on an average Sunday with -1.27%. However, the uncertainty (or standard deviation) is quite large, namely 5.11%. This means that it is not possible to say whether on a regular Sunday the VeChain will increase or decrease in value.

On Mondays, the VeChain decreases in value on average with -0.73%. On most of the Mondays the VeChain decreases in value between -6.21% and 4.75%. The uncertainty (5.48%) is higher than the average decline percentage (-0.73%). Therefore, expected range of price changes of the VeChain on Mondays is large.

The VeChain declines in value on an average Tuesday with -1.46%. However, the uncertainty (or standard deviation) is quite large, namely 4.93%. This means that it is not possible to say whether on a regular Tuesday the VeChain will increase or decrease in value.

The VeChain declines in value on an average Wednesday with -1.58%. However, the uncertainty (or standard deviation) is quite large, namely 4.93%. This means that it is not possible to say whether on a regular Wednesday the VeChain will increase or decrease in value.

The VeChain declines in value on an average Thursday with -1.97%. However, the uncertainty (or standard deviation) is quite large, namely 6.11%. This means that it is not possible to say whether on a regular Thursday the VeChain will increase or decrease in value.

The VeChain declines in value on an average Friday with -1.73%. However, the uncertainty (or standard deviation) is quite large, namely 4.88%. This means that it is not possible to say whether on a regular Friday the VeChain will increase or decrease in value.

The VeChain declines in value on an average Saturday with -1.46%. However, the uncertainty (or standard deviation) is quite large, namely 4.97%. This means that it is not possible to say whether on a regular Saturday the VeChain will increase or decrease in value.

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 -1.27% 5.11% -6.38% to 3.84%
Monday -0.73% 5.48% -6.21% to 4.75%
Tuesday -1.46% 4.93% -6.39% to 3.48%
Wednesday -1.58% 4.93% -6.51% to 3.35%
Thursday -1.97% 6.11% -8.07% to 4.14%
Friday -1.73% 4.88% -6.61% to 3.15%
Saturday -1.46% 4.97% -6.43% to 3.50%
 

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