VIDY (VIDY)

Current price: $ 0.001641

24 hours price change: $ 0.000037 (2.31%)

Daily analysis of VIDY (VIDY) - 1 month

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 June 25th, 2021 to July 25th, 2021.

In the barchart below, the weekdays and average performance of VIDY are shown side by side.

Average daily change in price of VIDY per weekday between 06/25/2021 and 07/25/2021.

According to the performance of VIDY between June 25th, 2021 and July 25th, 2021, VIDY performed the best on Mondays. On average, the price of VIDY increased 4.67% on Monday.

The weekday on which the VIDY performed the worst, is Friday. On Fridays, the VIDY declined in value on average by -1.73%.

VIDY weekday performance

Allthough the VIDY decreases in value with -0.53% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of VIDY on Sundays is 0.94%. This means that the expected change of the value of VIDY is between -1.47% and 0.42% on 68 out of 100 Sundays.

The increase in value of the VIDY is 4.67% on an average Monday. However, the uncertainty on the average change is high for the VIDY on Mondays. This is the reason why an expected increase of the VIDY on an average Monday cannot be predicted. The standard deviation for VIDY on Mondays is high, namely 8.38%. This means that the expected range of value change for the VIDY is -3.71% and 13.05% on 68% of the Mondays.

The VIDY declines in value on an average Tuesday with -1.34%. However, the uncertainty (or standard deviation) is quite large, namely 2.36%. This means that it is not possible to say whether on a regular Tuesday the VIDY will increase or decrease in value.

On an average Wednesday the VIDY shows an increase in value of 1.57%. However, the change of VIDY on most of the Wednesdays is between -1.13% and 4.27%. Therefore it is hard to tell whether an average Wednesday 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 Thursday. The average change on a Thursday for the VIDY is -0.07%. However, the standard deviation on this weekday is 0.09%. This means that on most Thursdays, the change in value of the VIDY is between -0.16% and 0.02%.

The VIDY declines in value on an average Friday with -1.73%. However, the uncertainty (or standard deviation) is quite large, namely 3.54%. This means that it is not possible to say whether on a regular Friday the VIDY will increase or decrease in value.

The increase in value of the VIDY is 3.13% 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 6.30%. This means that the expected range of value change for the VIDY is -3.17% and 9.42% 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 -0.53% 0.94% -1.47% to 0.42%
Monday 4.67% 8.38% -3.71% to 13.05%
Tuesday -1.34% 2.36% -3.70% to 1.02%
Wednesday 1.57% 2.70% -1.13% to 4.27%
Thursday -0.07% 0.09% -0.16% to 0.02%
Friday -1.73% 3.54% -5.27% to 1.81%
Saturday 3.13% 6.30% -3.17% to 9.42%
 

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