VIDY (VIDY)

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Daily analysis of VIDY (VIDY) - 6 months

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 6 months, starting on November 22nd, 2023 to May 17th, 2024.

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 11/22/2023 and 05/17/2024.

According to the performance of VIDY between November 22nd, 2023 and May 17th, 2024, VIDY performed the best on Sundays. On average, the price of VIDY increased 2.20% on Sunday.

The weekday on which the VIDY performed the worst, is Wednesday. On Wednesdays, the VIDY declined in value on average by -1.50%.

VIDY weekday performance

On an average Sunday the VIDY shows an increase in value of 2.20%. However, the change of VIDY on most of the Sundays is between -14.32% and 18.72%. 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 1.57%. However, the change of VIDY on most of the Mondays is between -15.57% and 18.70%. Therefore it is hard to tell whether an average Monday is a good day to start buying VIDYs.

Historical performance on Tuesday do not show an increase in value of the VIDY on which a prediction can be made. The VIDY increased in value on average on an average Tuesday with 0.74%. However, the uncertainty of this increase is high. The expected change in value of the VIDY on a Tuesday is between -17.54% and 19.01% (see also the table below).

The VIDY declines in value on an average Wednesday with -1.50%. However, the uncertainty (or standard deviation) is quite large, namely 13.12%. This means that it is not possible to say whether on a regular Wednesday the VIDY will increase or decrease in value.

On an average Thursday the VIDY shows an increase in value of 1.81%. However, the change of VIDY on most of the Thursdays is between -15.14% and 18.76%. Therefore it is hard to tell whether an average Thursday is a good day to start buying VIDYs.

On an average Friday, the VIDY increased 0.41%. However, since the expected deviation is 18.38%, the VIDY will decline in value on a Friday quiet regularly. The expected price change of the VIDY on a Friday is between -17.97% and 18.80%.

On an average Saturday the VIDY shows an increase in value of 1.29%. However, the change of VIDY on most of the Saturdays is between -16.25% and 18.83%. Therefore it is hard to tell whether an average Saturday is a good day to start buying VIDYs.

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 2.20% 16.52% -14.32% to 18.72%
Monday 1.57% 17.13% -15.57% to 18.70%
Tuesday 0.74% 18.28% -17.54% to 19.01%
Wednesday -1.50% 13.12% -14.62% to 11.62%
Thursday 1.81% 16.95% -15.14% to 18.76%
Friday 0.41% 18.38% -17.97% to 18.80%
Saturday 1.29% 17.54% -16.25% to 18.83%
 

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