XMAX (XMX)

Current price: $ 0.000322

24 hours price change: $ -0.000010 (-3.01%)

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 May 18th, 2021 to June 18th, 2021.

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 05/18/2021 and 06/18/2021.

According to the performance of XMAX between May 18th, 2021 and June 18th, 2021, XMAX performed the best on Mondays. On average, the price of XMAX increased 1.35% on Monday.

The weekday on which the XMAX performed the worst, is Friday. On Fridays, the XMAX declined in value on average by -1.45%.

XMAX weekday performance

Historical performance on Sunday 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 Sunday with 0.73%. However, the uncertainty of this increase is high. The expected change in value of the XMAX on a Sunday is between -0.60% and 2.06% (see also the table below).

On an average Monday the XMAX shows an increase in value of 1.35%. However, the change of XMAX on most of the Mondays is between -0.52% and 3.23%. Therefore it is hard to tell whether an average Monday is a good day to start buying XMAXs.

It is hard to tell whether the XMAX will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the XMAX is -0.09%. However, the standard deviation on this weekday is 0.25%. This means that on most Tuesdays, the change in value of the XMAX is between -0.33% and 0.16%.

On an average Wednesday, the XMAX increased 0.53%. However, since the expected deviation is 0.95%, the XMAX will decline in value on a Wednesday quiet regularly. The expected price change of the XMAX on a Wednesday is between -0.42% and 1.48%.

It is hard to tell whether the XMAX will increase or decrease in value on an average Thursday. The average change on a Thursday for the XMAX is -0.11%. However, the standard deviation on this weekday is 1.04%. This means that on most Thursdays, the change in value of the XMAX is between -1.15% and 0.93%.

The XMAX declines in value on an average Friday with -1.45%. However, the uncertainty (or standard deviation) is quite large, namely 2.99%. This means that it is not possible to say whether on a regular Friday the XMAX will increase or decrease in value.

On Saturdays, the XMAX decreases in value on average with -0.63%. On most of the Saturdays the XMAX decreases in value between -2.01% and 0.75%. The uncertainty (1.38%) is higher than the average decline percentage (-0.63%). Therefore, expected range of price changes of the XMAX on Saturdays is large.

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 0.73% 1.33% -0.60% to 2.06%
Monday 1.35% 1.87% -0.52% to 3.23%
Tuesday -0.09% 0.25% -0.33% to 0.16%
Wednesday 0.53% 0.95% -0.42% to 1.48%
Thursday -0.11% 1.04% -1.15% to 0.93%
Friday -1.45% 2.99% -4.44% to 1.54%
Saturday -0.63% 1.38% -2.01% to 0.75%
 

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