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 1 month, starting on December 19th, 2021 to January 19th, 2022.
In the barchart below, the weekdays and average performance of VIDY are shown side by side.
According to the performance of VIDY between December 19th, 2021 and January 19th, 2022, VIDY performed the best on Saturdays. On average, the price of VIDY increased 5.81% on Saturday.
The weekday on which the VIDY performed the worst, is Friday. On Fridays, the VIDY declined in value on average by -0.89%.
VIDY weekday performance
On an average Sunday the VIDY shows an increase in value of 1.48%. However, the change of VIDY on most of the Sundays is between -1.36% and 4.31%. Therefore it is hard to tell whether an average Sunday is a good day to start buying VIDYs.
On an average Monday the VIDY shows an increase in value of 1.17%. However, the change of VIDY on most of the Mondays is between -1.54% and 3.87%. Therefore it is hard to tell whether an average Monday is a good day to start buying VIDYs.
It is hard to tell whether the VIDY will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the VIDY is -0.25%. However, the standard deviation on this weekday is 0.50%. This means that on most Tuesdays, the change in value of the VIDY is between -0.74% and 0.25%.
On an average Wednesday the VIDY shows an increase in value of 1.51%. However, the change of VIDY on most of the Wednesdays is between -1.65% and 4.68%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying VIDYs.
On an average Thursday the VIDY shows an increase in value of 1.25%. However, the change of VIDY on most of the Thursdays is between -2.53% and 5.02%. Therefore it is hard to tell whether an average Thursday is a good day to start buying VIDYs.
On Fridays, the VIDY decreases in value on average with -0.89%. On most of the Fridays the VIDY decreases in value between -2.15% and 0.36%. The uncertainty (1.25%) is higher than the average decline percentage (-0.89%). Therefore, expected range of price changes of the VIDY on Fridays is large.
The increase in value of the VIDY is 5.81% on an average Saturday. However, the uncertainty on the average change is high for the VIDY on Saturdays. This is the reason why an expected increase of the VIDY on an average Saturday cannot be predicted. The standard deviation for VIDY on Saturdays is high, namely 6.24%. This means that the expected range of value change for the VIDY is -0.43% and 12.05% on 68% of the Saturdays.
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||1.48%||2.83%||-1.36% to 4.31%|
|Monday||1.17%||2.70%||-1.54% to 3.87%|
|Tuesday||-0.25%||0.50%||-0.74% to 0.25%|
|Wednesday||1.51%||3.16%||-1.65% to 4.68%|
|Thursday||1.25%||3.77%||-2.53% to 5.02%|
|Friday||-0.89%||1.25%||-2.15% to 0.36%|
|Saturday||5.81%||6.24%||-0.43% to 12.05%|