XMAX (XMX)

Current price: $ 0.000740

24 hours price change: - (-)

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 2nd, 2020 to July 1st, 2020.

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 01/02/2020 and 07/01/2020.

According to the performance of XMAX between January 2nd, 2020 and July 1st, 2020, XMAX performed the best on Thursdays. On average, the price of XMAX increased 1.28% on Thursday.

The weekday on which the XMAX performed the worst, is Friday. On Fridays, the XMAX declined in value on average by -0.48%.

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 -0.17%. However, the standard deviation on this weekday is 1.19%. This means that on most Sundays, the change in value of the XMAX is between -1.36% and 1.02%.

On an average Monday, the XMAX increased 0.51%. However, since the expected deviation is 2.39%, the XMAX will decline in value on a Monday quiet regularly. The expected price change of the XMAX on a Monday is between -1.88% and 2.90%.

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 1.20%. This means that the expected change of the value of XMAX is between -1.52% and 0.88% on 68 out of 100 Tuesdays.

It is hard to tell whether the XMAX will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the XMAX is -0.07%. However, the standard deviation on this weekday is 0.59%. This means that on most Wednesdays, the change in value of the XMAX is between -0.66% and 0.52%.

On an average Thursday the XMAX shows an increase in value of 1.28%. However, the change of XMAX on most of the Thursdays is between -2.52% and 5.08%. Therefore it is hard to tell whether an average Thursday is a good day to start buying XMAXs.

Allthough the XMAX decreases in value with -0.48% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of XMAX on Fridays is 1.36%. This means that the expected change of the value of XMAX is between -1.84% and 0.87% on 68 out of 100 Fridays.

XMAX increased in value on an average Saturday only slightly. The average increase in value of the XMAX was 0.03%. 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 (0.36%). This means that on 68 percent of the Saturdays, the change in price of the XMAX is expected to be in the range of -0.33% and 0.40%.

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 -0.17% 1.19% -1.36% to 1.02%
Monday 0.51% 2.39% -1.88% to 2.90%
Tuesday -0.32% 1.20% -1.52% to 0.88%
Wednesday -0.07% 0.59% -0.66% to 0.52%
Thursday 1.28% 3.80% -2.52% to 5.08%
Friday -0.48% 1.36% -1.84% to 0.87%
Saturday 0.03% 0.36% -0.33% to 0.40%
 

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