XMAX (XMX)

Current price: $ 0.000053

24 hours price change: $ -0.000009 (-14.52%)

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 December 22nd, 2021 to January 22nd, 2022.

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 12/22/2021 and 01/22/2022.

According to the performance of XMAX between December 22nd, 2021 and January 22nd, 2022, XMAX performed the best on Saturdays. On average, the price of XMAX increased 0.54% on Saturday.

The weekday on which the XMAX performed the worst, is Monday. On Mondays, the XMAX declined in value on average by -0.46%.

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 -0.04%. However, the standard deviation on this weekday is 0.12%. This means that on most Sundays, the change in value of the XMAX is between -0.15% and 0.08%.

Allthough the XMAX decreases in value with -0.46% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of XMAX on Mondays is 0.11%. This means that the expected change of the value of XMAX is between -0.57% and -0.35% on 68 out of 100 Mondays.

Allthough the XMAX decreases in value with -0.32% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of XMAX on Tuesdays is 0.41%. This means that the expected change of the value of XMAX is between -0.73% and 0.09% on 68 out of 100 Tuesdays.

XMAX increased in value on an average Wednesday only slightly. The average increase in value of the XMAX was 0.11%. 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 (0.53%). This means that on 68 percent of the Wednesdays, the change in price of the XMAX is expected to be in the range of -0.42% and 0.64%.

XMAX increased in value on an average Thursday only slightly. The average increase in value of the XMAX was 0.08%. 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 (0.53%). This means that on 68 percent of the Thursdays, the change in price of the XMAX is expected to be in the range of -0.45% and 0.61%.

Allthough the XMAX decreases in value with -0.32% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of XMAX on Fridays is 0.92%. This means that the expected change of the value of XMAX is between -1.24% and 0.59% on 68 out of 100 Fridays.

The average increase of the XMAX on an average Saturday is 0.54%. This is a small increase, however, the expected change of the XMAX in 95% of the Saturdays is -0.30% and 1.38%. This means that only on 2.5% (or slightly over 1 Saturday per year) the expected change of the XMAX is below -0.30%. On the other hand, you would not have to expect that the change on a single Saturday will be above 1.38%. This will also only happen on 2.5% of the Saturdays. On 68% of the Saturdays, the increase of the XMAX will be in the range of 0.12% and 0.96%.

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 -0.04% 0.12% -0.15% to 0.08%
Monday -0.46% 0.11% -0.57% to -0.35%
Tuesday -0.32% 0.41% -0.73% to 0.09%
Wednesday 0.11% 0.53% -0.42% to 0.64%
Thursday 0.08% 0.53% -0.45% to 0.61%
Friday -0.32% 0.92% -1.24% to 0.59%
Saturday 0.54% 0.42% 0.12% to 0.96%
 

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