The performance of VIDY regarding the price differs every day. To make the best decision to buy VIDY, we are analysis in this article the performance of VIDY on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on September 19th, 2019 to September 26th, 2022.
In the barchart below, the weekdays and average performance of VIDY are shown side by side.
According to the performance of VIDY between September 19th, 2019 and September 26th, 2022, VIDY performed the best on Thursdays. On average, the price of VIDY increased 0.59% on Thursday.
The weekday on which the VIDY performed the worst, is Friday. On Fridays, the VIDY declined in value on average by -0.35%.
VIDY weekday performance
It is hard to tell whether the VIDY will increase or decrease in value on an average Sunday. The average change on a Sunday for the VIDY is -0.13%. However, the standard deviation on this weekday is 4.04%. This means that on most Sundays, the change in value of the VIDY is between -4.17% and 3.91%.
VIDY increased in value on an average Monday only slightly. The average increase in value of the VIDY was 0.23%. Allthough the VIDY closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (3.77%). This means that on 68 percent of the Mondays, the change in price of the VIDY is expected to be in the range of -3.54% and 4.01%.
On an average Tuesday, the VIDY increased 0.43%. However, since the expected deviation is 4.78%, the VIDY will decline in value on a Tuesday quiet regularly. The expected price change of the VIDY on a Tuesday is between -4.35% and 5.20%.
On an average Wednesday, the VIDY increased 0.57%. However, since the expected deviation is 2.99%, the VIDY will decline in value on a Wednesday quiet regularly. The expected price change of the VIDY on a Wednesday is between -2.42% and 3.57%.
On an average Thursday, the VIDY increased 0.59%. However, since the expected deviation is 5.25%, the VIDY will decline in value on a Thursday quiet regularly. The expected price change of the VIDY on a Thursday is between -4.65% and 5.84%.
Allthough the VIDY decreases in value with -0.35% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of VIDY on Fridays is 4.29%. This means that the expected change of the value of VIDY is between -4.64% and 3.94% on 68 out of 100 Fridays.
On an average Saturday, the VIDY increased 0.55%. However, since the expected deviation is 3.60%, the VIDY will decline in value on a Saturday quiet regularly. The expected price change of the VIDY on a Saturday is between -3.05% and 4.15%.
VIDY weekday performance details
Find below the details of the performance of VIDY 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||-0.13%||4.04%||-4.17% to 3.91%|
|Monday||0.23%||3.77%||-3.54% to 4.01%|
|Tuesday||0.43%||4.78%||-4.35% to 5.20%|
|Wednesday||0.57%||2.99%||-2.42% to 3.57%|
|Thursday||0.59%||5.25%||-4.65% to 5.84%|
|Friday||-0.35%||4.29%||-4.64% to 3.94%|
|Saturday||0.55%||3.60%||-3.05% to 4.15%|