The performance of Verge regarding the price differs every day. To make the best decision to buy Verge, we are analysis in this article the performance of Verge on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on February 9th, 2016 to September 28th, 2022.
In the barchart below, the weekdays and average performance of Verge are shown side by side.
According to the performance of Verge between February 9th, 2016 and September 28th, 2022, Verge performed the best on Fridays. On average, the price of Verge increased 1.98% on Friday.
The weekday on which the Verge performed the worst, is Sunday. On Sundays, the Verge rose in value on average by 0.26%. The price still increased on Sundays, allthough it was the smallest increase of all days on average.
Verge weekday performance
Verge increased in value on an average Sunday only slightly. The average increase in value of the Verge was 0.26%. Allthough the Verge closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (9.30%). This means that on 68 percent of the Sundays, the change in price of the Verge is expected to be in the range of -9.04% and 9.57%.
On an average Monday, the Verge increased 0.59%. However, since the expected deviation is 9.57%, the Verge will decline in value on a Monday quiet regularly. The expected price change of the Verge on a Monday is between -8.99% and 10.16%.
Historical performance on Tuesday do not show an increase in value of the Verge on which a prediction can be made. The Verge increased in value on average on an average Tuesday with 1.00%. However, the uncertainty of this increase is high. The expected change in value of the Verge on a Tuesday is between -14.57% and 16.57% (see also the table below).
On an average Wednesday the Verge shows an increase in value of 1.50%. However, the change of Verge on most of the Wednesdays is between -9.16% and 12.15%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Verges.
On an average Thursday, the Verge increased 0.40%. However, since the expected deviation is 11.70%, the Verge will decline in value on a Thursday quiet regularly. The expected price change of the Verge on a Thursday is between -11.31% and 12.10%.
On an average Friday the Verge shows an increase in value of 1.98%. However, the change of Verge on most of the Fridays is between -18.72% and 22.68%. Therefore it is hard to tell whether an average Friday is a good day to start buying Verges.
On an average Saturday the Verge shows an increase in value of 1.46%. However, the change of Verge on most of the Saturdays is between -11.88% and 14.79%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Verges.
Verge weekday performance details
Find below the details of the performance of Verge 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||0.26%||9.30%||-9.04% to 9.57%|
|Monday||0.59%||9.57%||-8.99% to 10.16%|
|Tuesday||1.00%||15.57%||-14.57% to 16.57%|
|Wednesday||1.50%||10.65%||-9.16% to 12.15%|
|Thursday||0.40%||11.70%||-11.31% to 12.10%|
|Friday||1.98%||20.70%||-18.72% to 22.68%|
|Saturday||1.46%||13.34%||-11.88% to 14.79%|