Verge (XVG)

Current price: $ 0.008545

24 hours price change: $ -0.000906 (-9.59%)

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 July 24th, 2021 to January 24th, 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 07/24/2021 and 01/24/2022.

According to the performance of Verge between July 24th, 2021 and January 24th, 2022, Verge performed the best on Wednesdays. On average, the price of Verge increased 0.30% on Wednesday.

The weekday on which the Verge performed the worst, is Monday. On Mondays, the Verge declined in value on average by -0.95%.

Verge weekday performance

Verge increased in value on an average Sunday only slightly. The average increase in value of the Verge was 0.14%. 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 (1.98%). This means that on 68 percent of the Sundays, the change in price of the Verge is expected to be in the range of -1.84% and 2.13%.

On Mondays, the Verge decreases in value on average with -0.95%. On most of the Mondays the Verge decreases in value between -2.63% and 0.74%. The uncertainty (1.68%) is higher than the average decline percentage (-0.95%). Therefore, expected range of price changes of the Verge on Mondays is large.

It is hard to tell whether the Verge will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Verge is -0.15%. However, the standard deviation on this weekday is 1.70%. This means that on most Tuesdays, the change in value of the Verge is between -1.84% and 1.55%.

On an average Wednesday, the Verge increased 0.30%. However, since the expected deviation is 2.49%, the Verge will decline in value on a Wednesday quiet regularly. The expected price change of the Verge on a Wednesday is between -2.19% and 2.79%.

On Thursdays, the Verge decreases in value on average with -0.65%. On most of the Thursdays the Verge decreases in value between -4.33% and 3.03%. The uncertainty (3.68%) is higher than the average decline percentage (-0.65%). Therefore, expected range of price changes of the Verge on Thursdays is large.

Verge increased in value on an average Friday only slightly. The average increase in value of the Verge was 0.24%. 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 (1.74%). This means that on 68 percent of the Fridays, the change in price of the Verge is expected to be in the range of -1.50% and 1.98%.

Verge increased in value on an average Saturday only slightly. The average increase in value of the Verge was 0.14%. 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 (1.24%). This means that on 68 percent of the Saturdays, the change in price of the Verge is expected to be in the range of -1.10% and 1.39%.

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 0.14% 1.98% -1.84% to 2.13%
Monday -0.95% 1.68% -2.63% to 0.74%
Tuesday -0.15% 1.70% -1.84% to 1.55%
Wednesday 0.30% 2.49% -2.19% to 2.79%
Thursday -0.65% 3.68% -4.33% to 3.03%
Friday 0.24% 1.74% -1.50% to 1.98%
Saturday 0.14% 1.24% -1.10% to 1.39%
 

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