Verge (XVG)

Current price: $ 0.01

24 hours price change: $ 0.000110 (0.83%)

Daily analysis of Verge (XVG) - 1 month

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 1 month, starting on December 18th, 2021 to January 18th, 2022.

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

Average daily change in price of Verge per weekday between 12/18/2021 and 01/18/2022.

According to the performance of Verge between December 18th, 2021 and January 18th, 2022, Verge performed the best on Saturdays. On average, the price of Verge increased 0.90% on Saturday.

The weekday on which the Verge performed the worst, is Thursday. On Thursdays, the Verge declined in value on average by -0.69%.

Verge weekday performance

It is hard to tell whether the Verge will increase or decrease in value on an average Sunday. The average change on a Sunday for the Verge is -0.07%. However, the standard deviation on this weekday is 1.68%. This means that on most Sundays, the change in value of the Verge is between -1.75% and 1.60%.

On Mondays, the Verge decreases in value on average with -0.65%. On most of the Mondays the Verge decreases in value between -1.59% and 0.29%. The uncertainty (0.94%) is higher than the average decline percentage (-0.65%). Therefore, expected range of price changes of the Verge on Mondays is large.

Verge increased in value on an average Tuesday only slightly. The average increase in value of the Verge was 0.19%. 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 (1.11%). This means that on 68 percent of the Tuesdays, the change in price of the Verge is expected to be in the range of -0.92% and 1.29%.

Verge increased in value on an average Wednesday only slightly. The average increase in value of the Verge was 0.22%. 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 (0.49%). This means that on 68 percent of the Wednesdays, the change in price of the Verge is expected to be in the range of -0.27% and 0.72%.

On Thursdays, the Verge decreases in value on average with -0.69%. On most of the Thursdays the Verge decreases in value between -2.53% and 1.14%. The uncertainty (1.83%) is higher than the average decline percentage (-0.69%). Therefore, expected range of price changes of the Verge on Thursdays is large.

Allthough the Verge decreases in value with -0.34% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Verge on Fridays is 0.69%. This means that the expected change of the value of Verge is between -1.03% and 0.35% on 68 out of 100 Fridays.

Historical performance on Saturday 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 Saturday with 0.90%. However, the uncertainty of this increase is high. The expected change in value of the Verge on a Saturday is between -1.17% and 2.96% (see also the table below).

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 -0.07% 1.68% -1.75% to 1.60%
Monday -0.65% 0.94% -1.59% to 0.29%
Tuesday 0.19% 1.11% -0.92% to 1.29%
Wednesday 0.22% 0.49% -0.27% to 0.72%
Thursday -0.69% 1.83% -2.53% to 1.14%
Friday -0.34% 0.69% -1.03% to 0.35%
Saturday 0.90% 2.07% -1.17% to 2.96%
 

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