Verge (XVG)

Current price: $ 0.02

24 hours price change: $ 0.02 (inf%)

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 August 28th, 2020 to February 25th, 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 08/28/2020 and 02/25/2021.

According to the performance of Verge between August 28th, 2020 and February 25th, 2021, Verge performed the best on Saturdays. On average, the price of Verge increased 1.59% on Saturday.

The weekday on which the Verge performed the worst, is Monday. On Mondays, the Verge declined in value on average by -0.87%.

Verge weekday performance

Allthough the Verge decreases in value with -0.33% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Verge on Sundays is 2.37%. This means that the expected change of the value of Verge is between -2.70% and 2.04% on 68 out of 100 Sundays.

On Mondays, the Verge decreases in value on average with -0.87%. On most of the Mondays the Verge decreases in value between -3.62% and 1.89%. The uncertainty (2.75%) is higher than the average decline percentage (-0.87%). Therefore, expected range of price changes of the Verge on Mondays is large.

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 4.39%. This means that the expected change of the value of Verge is between -4.98% and 3.81% on 68 out of 100 Tuesdays.

On an average Wednesday the Verge shows an increase in value of 1.25%. However, the change of Verge on most of the Wednesdays is between -4.93% and 7.42%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Verges.

On an average Thursday the Verge shows an increase in value of 1.13%. However, the change of Verge on most of the Thursdays is between -5.68% and 7.94%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Verges.

It is hard to tell whether the Verge will increase or decrease in value on an average Friday. The average change on a Friday for the Verge is -0.12%. However, the standard deviation on this weekday is 2.25%. This means that on most Fridays, the change in value of the Verge is between -2.37% and 2.13%.

On an average Saturday the Verge shows an increase in value of 1.59%. However, the change of Verge on most of the Saturdays is between -3.39% and 6.56%. 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 -0.33% 2.37% -2.70% to 2.04%
Monday -0.87% 2.75% -3.62% to 1.89%
Tuesday -0.59% 4.39% -4.98% to 3.81%
Wednesday 1.25% 6.17% -4.93% to 7.42%
Thursday 1.13% 6.81% -5.68% to 7.94%
Friday -0.12% 2.25% -2.37% to 2.13%
Saturday 1.59% 4.97% -3.39% to 6.56%
 

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