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 year, starting on September 28th, 2021 to September 28th, 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 28th, 2021 and September 28th, 2022, VIDY performed the best on Wednesdays. On average, the price of VIDY increased 1.01% on Wednesday.
The weekday on which the VIDY performed the worst, is Sunday. On Sundays, the VIDY declined in value on average by -0.48%.
VIDY weekday performance
Allthough the VIDY decreases in value with -0.48% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of VIDY on Sundays is 2.99%. This means that the expected change of the value of VIDY is between -3.47% and 2.52% on 68 out of 100 Sundays.
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 (3.34%). This means that on 68 percent of the Mondays, the change in price of the VIDY is expected to be in the range of -3.11% and 3.57%.
Allthough the VIDY decreases in value with -0.39% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of VIDY on Tuesdays is 2.30%. This means that the expected change of the value of VIDY is between -2.70% and 1.91% on 68 out of 100 Tuesdays.
On an average Wednesday the VIDY shows an increase in value of 1.01%. However, the change of VIDY on most of the Wednesdays is between -3.02% and 5.03%. 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 -0.04%. However, the standard deviation on this weekday is 3.19%. This means that on most Thursdays, the change in value of the VIDY is between -3.23% and 3.15%.
Allthough the VIDY decreases in value with -0.41% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of VIDY on Fridays is 5.29%. This means that the expected change of the value of VIDY is between -5.70% and 4.88% on 68 out of 100 Fridays.
On an average Saturday, the VIDY increased 0.51%. However, since the expected deviation is 3.48%, the VIDY will decline in value on a Saturday quiet regularly. The expected price change of the VIDY on a Saturday is between -2.97% and 3.99%.
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||-0.48%||2.99%||-3.47% to 2.52%|
|Monday||0.23%||3.34%||-3.11% to 3.57%|
|Tuesday||-0.39%||2.30%||-2.70% to 1.91%|
|Wednesday||1.01%||4.03%||-3.02% to 5.03%|
|Thursday||-0.04%||3.19%||-3.23% to 3.15%|
|Friday||-0.41%||5.29%||-5.70% to 4.88%|
|Saturday||0.51%||3.48%||-2.97% to 3.99%|