The performance of XMAX regarding the price differs every day. To make the best decision to buy XMAX, we are analysis in this article the performance of XMAX on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on September 16th, 2018 to September 25th, 2023.
In the barchart below, the weekdays and average performance of XMAX are shown side by side.
According to the performance of XMAX between September 16th, 2018 and September 25th, 2023, XMAX performed the best on Wednesdays. On average, the price of XMAX increased 1.86% on Wednesday.
The weekday on which the XMAX performed the worst, is Sunday. On Sundays, the XMAX rose in value on average by 0.60%. The price still increased on Sundays, allthough it was the smallest increase of all days on average.
XMAX weekday performance
On an average Sunday, the XMAX increased 0.60%. However, since the expected deviation is 4.54%, the XMAX will decline in value on a Sunday quiet regularly. The expected price change of the XMAX on a Sunday is between -3.94% and 5.14%.
On an average Monday the XMAX shows an increase in value of 1.12%. However, the change of XMAX on most of the Mondays is between -2.11% and 4.34%. Therefore it is hard to tell whether an average Monday is a good day to start buying XMAXs.
Historical performance on Tuesday do not show an increase in value of the XMAX on which a prediction can be made. The XMAX increased in value on average on an average Tuesday with 0.77%. However, the uncertainty of this increase is high. The expected change in value of the XMAX on a Tuesday is between -2.48% and 4.01% (see also the table below).
On an average Wednesday the XMAX shows an increase in value of 1.86%. However, the change of XMAX on most of the Wednesdays is between -9.20% and 12.93%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying XMAXs.
On an average Thursday the XMAX shows an increase in value of 1.38%. However, the change of XMAX on most of the Thursdays is between -4.81% and 7.58%. Therefore it is hard to tell whether an average Thursday is a good day to start buying XMAXs.
On an average Friday the XMAX shows an increase in value of 1.44%. However, the change of XMAX on most of the Fridays is between -10.90% and 13.78%. Therefore it is hard to tell whether an average Friday is a good day to start buying XMAXs.
On an average Saturday the XMAX shows an increase in value of 1.80%. However, the change of XMAX on most of the Saturdays is between -3.71% and 7.31%. Therefore it is hard to tell whether an average Saturday is a good day to start buying XMAXs.
XMAX weekday performance details
Find below the details of the performance of XMAX 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 | 0.60% | 4.54% | -3.94% to 5.14% |
| Monday | 1.12% | 3.23% | -2.11% to 4.34% |
| Tuesday | 0.77% | 3.25% | -2.48% to 4.01% |
| Wednesday | 1.86% | 11.07% | -9.20% to 12.93% |
| Thursday | 1.38% | 6.20% | -4.81% to 7.58% |
| Friday | 1.44% | 12.34% | -10.90% to 13.78% |
| Saturday | 1.80% | 5.51% | -3.71% to 7.31% |