XMAX (XMX)

Current price: $ 0.000015

24 hours price change: $ 0.00000092 (6.69%)

Daily analysis of XMAX (XMX) - 1 month

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 1 month, starting on January 26th, 2024 to February 26th, 2024.

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

Average daily change in price of XMAX per weekday between 01/26/2024 and 02/26/2024.

According to the performance of XMAX between January 26th, 2024 and February 26th, 2024, XMAX performed the best on Saturdays. On average, the price of XMAX increased 6.47% on Saturday.

The weekday on which the XMAX performed the worst, is Sunday. On Sundays, the XMAX declined in value on average by -4.32%.

XMAX weekday performance

The decrease in value of the XMAX is -4.32% on an average Sunday. The uncertainty of the average change is high for the XMAX on Sundays. This means that it is hard to tell whether the XMAX will decrease or increase in value on an average Sunday. If we look at the 68% range of the XMAX, we see that on 68% of the Sundays, the expected change of the XMAX is between -11.68% and 3.04%.

Allthough the XMAX decreases in value with -0.38% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of XMAX on Mondays is 0.43%. This means that the expected change of the value of XMAX is between -0.81% and 0.05% on 68 out of 100 Mondays.

On an average Tuesday the XMAX shows a high increase in value, namely 1.15%. The standard deviation is below the average increase percentage (standard deviation is 0.67%), meaning that on 68% of the Tuesdays the XMAX will increase with a percentage between 0.48% and 1.83%. This also means that, on average, on 16 percent of the Tuesdays, the XMAX will increase with a percentage above this range. On the other 16% of the Tuesdays, the XMAX will change with a percentage below the 0.48%.

The decrease in value of the XMAX is -3.43% on an average Wednesday. The uncertainty of the average change is high for the XMAX on Wednesdays. This means that it is hard to tell whether the XMAX will decrease or increase in value on an average Wednesday. If we look at the 68% range of the XMAX, we see that on 68% of the Wednesdays, the expected change of the XMAX is between -9.16% and 2.30%.

On Thursdays, the XMAX decreases in value on average with -0.67%. On most of the Thursdays the XMAX decreases in value between -1.34% and 0.00%. The uncertainty (0.67%) is higher than the average decline percentage (-0.67%). Therefore, expected range of price changes of the XMAX on Thursdays is large.

It is hard to tell whether the XMAX will increase or decrease in value on an average Friday. The average change on a Friday for the XMAX is -0.17%. However, the standard deviation on this weekday is 0.51%. This means that on most Fridays, the change in value of the XMAX is between -0.68% and 0.34%.

On Saturdays, the average increase of the value of the XMAX is very high. The average increase is 6.47%. The standard deviation of the XMAX on Saturdays is 5.93%. This means that on 68% of the Saturdays, the XMAX increases between 0.54% and 12.40%. The uncertainty is therefore not very high, since on most Saturdays, the value of the XMAX will increase.

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 -4.32% 7.36% -11.68% to 3.04%
Monday -0.38% 0.43% -0.81% to 0.05%
Tuesday 1.15% 0.67% 0.48% to 1.83%
Wednesday -3.43% 5.73% -9.16% to 2.30%
Thursday -0.67% 0.67% -1.34% to 0.00%
Friday -0.17% 0.51% -0.68% to 0.34%
Saturday 6.47% 5.93% 0.54% to 12.40%
 

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