Verge (XVG)

Current price: $ 0.02

24 hours price change: $ 0.001270 (6.01%)

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 29th, 2021 to July 29th, 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 01/29/2021 and 07/29/2021.

According to the performance of Verge between January 29th, 2021 and July 29th, 2021, Verge performed the best on Mondays. On average, the price of Verge increased 1.70% on Monday.

The weekday on which the Verge performed the worst, is Thursday. On Thursdays, the Verge declined in value on average by -0.22%.

Verge weekday performance

On an average Sunday, the Verge increased 0.48%. However, since the expected deviation is 3.34%, the Verge will decline in value on a Sunday quiet regularly. The expected price change of the Verge on a Sunday is between -2.86% and 3.82%.

On an average Monday the Verge shows an increase in value of 1.70%. However, the change of Verge on most of the Mondays is between -5.27% and 8.67%. Therefore it is hard to tell whether an average Monday is a good day to start buying Verges.

Verge increased in value on an average Tuesday only slightly. The average increase in value of the Verge was 0.22%. 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 (2.49%). This means that on 68 percent of the Tuesdays, the change in price of the Verge is expected to be in the range of -2.27% and 2.71%.

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 0.87%. However, the uncertainty of this increase is high. The expected change in value of the Verge on a Wednesday is between -3.52% and 5.25% (see also the table below).

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 -0.22%. However, the standard deviation on this weekday is 2.48%. This means that on most Thursdays, the change in value of the Verge is between -2.71% and 2.26%.

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 -0.07%. However, the standard deviation on this weekday is 5.73%. This means that on most Fridays, the change in value of the Verge is between -5.79% and 5.66%.

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 0.64%. However, the uncertainty of this increase is high. The expected change in value of the Verge on a Saturday is between -2.81% and 4.10% (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 0.48% 3.34% -2.86% to 3.82%
Monday 1.70% 6.97% -5.27% to 8.67%
Tuesday 0.22% 2.49% -2.27% to 2.71%
Wednesday 0.87% 4.38% -3.52% to 5.25%
Thursday -0.22% 2.48% -2.71% to 2.26%
Friday -0.07% 5.73% -5.79% to 5.66%
Saturday 0.64% 3.45% -2.81% to 4.10%
 

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