Current price: $ 0.000230

24 hours price change: $ -0.000001 (-0.43%)

Daily analysis of XMAX (XMX) - 6 months

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 6 months, starting on January 25th, 2021 to July 25th, 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 01/25/2021 and 07/25/2021.

According to the performance of XMAX between January 25th, 2021 and July 25th, 2021, XMAX performed the best on Thursdays. On average, the price of XMAX increased 3.27% on Thursday.

The weekday on which the XMAX performed the worst, is Friday. On Fridays, the XMAX declined in value on average by -1.41%.

XMAX weekday performance

XMAX increased in value on an average Sunday only slightly. The average increase in value of the XMAX was 0.10%. 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 (4.21%). This means that on 68 percent of the Sundays, the change in price of the XMAX is expected to be in the range of -4.11% and 4.30%.

On an average Monday the XMAX shows an increase in value of 1.34%. However, the change of XMAX on most of the Mondays is between -2.66% and 5.34%. Therefore it is hard to tell whether an average Monday is a good day to start buying XMAXs.

On an average Tuesday, the XMAX increased 0.52%. However, since the expected deviation is 4.10%, the XMAX will decline in value on a Tuesday quiet regularly. The expected price change of the XMAX on a Tuesday is between -3.58% and 4.62%.

On an average Wednesday, the XMAX increased 0.60%. However, since the expected deviation is 3.89%, the XMAX will decline in value on a Wednesday quiet regularly. The expected price change of the XMAX on a Wednesday is between -3.30% and 4.49%.

The increase in value of the XMAX is 3.27% on an average Thursday. However, the uncertainty on the average change is high for the XMAX on Thursdays. This is the reason why an expected increase of the XMAX on an average Thursday cannot be predicted. The standard deviation for XMAX on Thursdays is high, namely 13.84%. This means that the expected range of value change for the XMAX is -10.57% and 17.10% on 68% of the Thursdays.

The XMAX declines in value on an average Friday with -1.41%. However, the uncertainty (or standard deviation) is quite large, namely 6.52%. This means that it is not possible to say whether on a regular Friday the XMAX will increase or decrease in value.

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 0.95%. However, the uncertainty of this increase is high. The expected change in value of the XMAX on a Saturday is between -2.17% and 4.06% (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 0.10% 4.21% -4.11% to 4.30%
Monday 1.34% 4.00% -2.66% to 5.34%
Tuesday 0.52% 4.10% -3.58% to 4.62%
Wednesday 0.60% 3.89% -3.30% to 4.49%
Thursday 3.27% 13.84% -10.57% to 17.10%
Friday -1.41% 6.52% -7.93% to 5.11%
Saturday 0.95% 3.11% -2.17% to 4.06%

We use cookies on our website. Some of them are essential for the operation of the site, while others help us to improve this site and the user experience (tracking cookies). You can decide for yourself whether you want to allow cookies or not. Please note that if you reject them, you may not be able to use all the functionalities of the site.