Verge (XVG)

Current price: $ 0.02

24 hours price change: $ 0.001977 (9.82%)

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 February 5th, 2021 to March 5th, 2021.

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 02/05/2021 and 03/05/2021.

According to the performance of Verge between February 5th, 2021 and March 5th, 2021, Verge performed the best on Saturdays. On average, the price of Verge increased 3.89% on Saturday.

The weekday on which the Verge performed the worst, is Monday. On Mondays, the Verge declined in value on average by -2.42%.

Verge weekday performance

The Verge declines in value on an average Sunday with -1.78%. However, the uncertainty (or standard deviation) is quite large, namely 2.86%. This means that it is not possible to say whether on a regular Sunday the Verge will increase or decrease in value.

The Verge declines in value on an average Monday with -2.42%. However, the uncertainty (or standard deviation) is quite large, namely 4.38%. This means that it is not possible to say whether on a regular Monday the Verge will increase or decrease in value.

Allthough the Verge decreases in value with -0.33% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Verge on Tuesdays is 4.48%. This means that the expected change of the value of Verge is between -4.81% and 4.15% on 68 out of 100 Tuesdays.

On an average Wednesday, the Verge increased 0.59%. However, since the expected deviation is 2.13%, the Verge will decline in value on a Wednesday quiet regularly. The expected price change of the Verge on a Wednesday is between -1.55% and 2.72%.

On an average Thursday the Verge shows an increase in value of 2.19%. However, the change of Verge on most of the Thursdays is between -1.16% and 5.55%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Verges.

The Verge declines in value on an average Friday with -1.04%. However, the uncertainty (or standard deviation) is quite large, namely 3.11%. This means that it is not possible to say whether on a regular Friday the Verge will increase or decrease in value.

The increase in value of the Verge is 3.89% on an average Saturday. However, the uncertainty on the average change is high for the Verge on Saturdays. This is the reason why an expected increase of the Verge on an average Saturday cannot be predicted. The standard deviation for Verge on Saturdays is high, namely 6.14%. This means that the expected range of value change for the Verge is -2.25% and 10.04% on 68% of the Saturdays.

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 -1.78% 2.86% -4.64% to 1.09%
Monday -2.42% 4.38% -6.79% to 1.96%
Tuesday -0.33% 4.48% -4.81% to 4.15%
Wednesday 0.59% 2.13% -1.55% to 2.72%
Thursday 2.19% 3.35% -1.16% to 5.55%
Friday -1.04% 3.11% -4.15% to 2.08%
Saturday 3.89% 6.14% -2.25% to 10.04%
 

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