Verge (XVG)

Current price: $ 0.02

24 hours price change: $ -0.000309 (-1.61%)

Daily analysis of Verge (XVG) - 1 year

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 year, starting on March 4th, 2020 to March 4th, 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 03/04/2020 and 03/04/2021.

According to the performance of Verge between March 4th, 2020 and March 4th, 2021, Verge performed the best on Saturdays. On average, the price of Verge increased 0.84% on Saturday.

The weekday on which the Verge performed the worst, is Tuesday. On Tuesdays, the Verge declined in value on average by -0.44%.

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 -0.19%. However, the standard deviation on this weekday is 1.88%. This means that on most Sundays, the change in value of the Verge is between -2.08% and 1.69%.

It is hard to tell whether the Verge will increase or decrease in value on an average Monday. The average change on a Monday for the Verge is -0.23%. However, the standard deviation on this weekday is 2.20%. This means that on most Mondays, the change in value of the Verge is between -2.43% and 1.97%.

Allthough the Verge decreases in value with -0.44% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Verge on Tuesdays is 3.26%. This means that the expected change of the value of Verge is between -3.70% and 2.82% on 68 out of 100 Tuesdays.

Historical performance on Wednesday 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 Wednesday with 0.64%. However, the uncertainty of this increase is high. The expected change in value of the Verge on a Wednesday is between -3.80% and 5.08% (see also the table below).

On an average Thursday, the Verge increased 0.58%. However, since the expected deviation is 4.95%, the Verge will decline in value on a Thursday quiet regularly. The expected price change of the Verge on a Thursday is between -4.37% and 5.53%.

Allthough the Verge decreases in value with -0.31% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Verge on Fridays is 1.87%. This means that the expected change of the value of Verge is between -2.18% and 1.56% 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 0.84%. However, the uncertainty of this increase is high. The expected change in value of the Verge on a Saturday is between -2.94% and 4.61% (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 -0.19% 1.88% -2.08% to 1.69%
Monday -0.23% 2.20% -2.43% to 1.97%
Tuesday -0.44% 3.26% -3.70% to 2.82%
Wednesday 0.64% 4.44% -3.80% to 5.08%
Thursday 0.58% 4.95% -4.37% to 5.53%
Friday -0.31% 1.87% -2.18% to 1.56%
Saturday 0.84% 3.77% -2.94% to 4.61%
 

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