Verge (XVG)

Current price: $ 0.007393

24 hours price change: $ -0.000370 (-4.76%)

Daily analysis of Verge (XVG) - 6 months

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 6 months, starting on January 2nd, 2020 to July 1st, 2020.

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 01/02/2020 and 07/01/2020.

According to the performance of Verge between January 2nd, 2020 and July 1st, 2020, Verge performed the best on Mondays. On average, the price of Verge increased 0.52% on Monday.

The weekday on which the Verge performed the worst, is Tuesday. On Tuesdays, the Verge declined in value on average by -0.59%.

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 -0.06%. However, the standard deviation on this weekday is 1.35%. This means that on most Sundays, the change in value of the Verge is between -1.41% and 1.29%.

On an average Monday, the Verge increased 0.52%. However, since the expected deviation is 1.75%, the Verge will decline in value on a Monday quiet regularly. The expected price change of the Verge on a Monday is between -1.24% and 2.27%.

Allthough the Verge decreases in value with -0.59% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Verge on Tuesdays is 1.80%. This means that the expected change of the value of Verge is between -2.38% and 1.21% on 68 out of 100 Tuesdays.

Verge increased in value on an average Wednesday only slightly. The average increase in value of the Verge was 0.03%. 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 (1.38%). This means that on 68 percent of the Wednesdays, the change in price of the Verge is expected to be in the range of -1.35% and 1.41%.

It is hard to tell whether the Verge will increase or decrease in value on an average Thursday. The average change on a Thursday for the Verge is -0.11%. However, the standard deviation on this weekday is 1.22%. This means that on most Thursdays, the change in value of the Verge is between -1.33% and 1.10%.

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 1.12%. This means that the expected change of the value of Verge is between -1.43% and 0.82% on 68 out of 100 Fridays.

It is hard to tell whether the Verge will increase or decrease in value on an average Saturday. The average change on a Saturday for the Verge is -0.04%. However, the standard deviation on this weekday is 1.28%. This means that on most Saturdays, the change in value of the Verge is between -1.32% and 1.23%.

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 -0.06% 1.35% -1.41% to 1.29%
Monday 0.52% 1.75% -1.24% to 2.27%
Tuesday -0.59% 1.80% -2.38% to 1.21%
Wednesday 0.03% 1.38% -1.35% to 1.41%
Thursday -0.11% 1.22% -1.33% to 1.10%
Friday -0.31% 1.12% -1.43% to 0.82%
Saturday -0.04% 1.28% -1.32% to 1.23%
 

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