XMAX (XMX)

Current price: $ 0.000702

24 hours price change: $ -0.000024 (-3.35%)

Daily analysis of XMAX (XMX) - 1 year

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 year, starting on May 11th, 2020 to May 11th, 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 05/11/2020 and 05/11/2021.

According to the performance of XMAX between May 11th, 2020 and May 11th, 2021, XMAX performed the best on Thursdays. On average, the price of XMAX increased 1.48% on Thursday.

The weekday on which the XMAX performed the worst, is Sunday. On Sundays, the XMAX declined in value on average by -0.41%.

XMAX weekday performance

Allthough the XMAX decreases in value with -0.41% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of XMAX on Sundays is 3.42%. This means that the expected change of the value of XMAX is between -3.84% and 3.01% on 68 out of 100 Sundays.

On an average Monday, the XMAX increased 0.54%. However, since the expected deviation is 2.87%, the XMAX will decline in value on a Monday quiet regularly. The expected price change of the XMAX on a Monday is between -2.33% and 3.40%.

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 (2.10%). This means that on 68 percent of the Tuesdays, the change in price of the XMAX is expected to be in the range of -1.98% and 2.22%.

Allthough the XMAX decreases in value with -0.36% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of XMAX on Wednesdays is 2.44%. This means that the expected change of the value of XMAX is between -2.81% and 2.08% on 68 out of 100 Wednesdays.

On an average Thursday the XMAX shows an increase in value of 1.48%. However, the change of XMAX on most of the Thursdays is between -8.52% and 11.49%. Therefore it is hard to tell whether an average Thursday is a good day to start buying XMAXs.

XMAX increased in value on an average Friday only slightly. The average increase in value of the XMAX was 0.13%. 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 (5.09%). This means that on 68 percent of the Fridays, the change in price of the XMAX is expected to be in the range of -4.96% and 5.22%.

Historical performance on Saturday 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 Saturday with 0.75%. However, the uncertainty of this increase is high. The expected change in value of the XMAX on a Saturday is between -2.11% and 3.61% (see also the table below).

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 -0.41% 3.42% -3.84% to 3.01%
Monday 0.54% 2.87% -2.33% to 3.40%
Tuesday 0.12% 2.10% -1.98% to 2.22%
Wednesday -0.36% 2.44% -2.81% to 2.08%
Thursday 1.48% 10.01% -8.52% to 11.49%
Friday 0.13% 5.09% -4.96% to 5.22%
Saturday 0.75% 2.86% -2.11% to 3.61%
 

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