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 August 19th, 2022.
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 August 19th, 2022, XMAX performed the best on Wednesdays. On average, the price of XMAX increased 1.52% on Wednesday.
The weekday on which the XMAX performed the worst, is Sunday. On Sundays, the XMAX declined in value on average by -0.12%.
XMAX weekday performance
It is hard to tell whether the XMAX will increase or decrease in value on an average Sunday. The average change on a Sunday for the XMAX is -0.12%. However, the standard deviation on this weekday is 4.91%. This means that on most Sundays, the change in value of the XMAX is between -5.02% and 4.79%.
On an average Monday, the XMAX increased 0.55%. However, since the expected deviation is 3.44%, the XMAX will decline in value on a Monday quiet regularly. The expected price change of the XMAX on a Monday is between -2.89% and 3.99%.
XMAX increased in value on an average Tuesday only slightly. The average increase in value of the XMAX was 0.12%. Allthough the XMAX closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (3.40%). This means that on 68 percent of the Tuesdays, the change in price of the XMAX is expected to be in the range of -3.28% and 3.51%.
On an average Wednesday the XMAX shows an increase in value of 1.52%. However, the change of XMAX on most of the Wednesdays is between -10.96% and 14.01%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying XMAXs.
Historical performance on Thursday 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 Thursday with 0.87%. However, the uncertainty of this increase is high. The expected change in value of the XMAX on a Thursday is between -6.04% and 7.79% (see also the table below).
Historical performance on Friday 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 Friday with 1.00%. However, the uncertainty of this increase is high. The expected change in value of the XMAX on a Friday is between -12.92% and 14.91% (see also the table below).
On an average Saturday the XMAX shows an increase in value of 1.39%. However, the change of XMAX on most of the Saturdays is between -4.79% and 7.57%. 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||-0.12%||4.91%||-5.02% to 4.79%|
|Monday||0.55%||3.44%||-2.89% to 3.99%|
|Tuesday||0.12%||3.40%||-3.28% to 3.51%|
|Wednesday||1.52%||12.49%||-10.96% to 14.01%|
|Thursday||0.87%||6.91%||-6.04% to 7.79%|
|Friday||1.00%||13.92%||-12.92% to 14.91%|
|Saturday||1.39%||6.18%||-4.79% to 7.57%|