XMAX (XMX)

Current price: $ 0.000376

24 hours price change: $ 0.000020 (5.51%)

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 September 2nd, 2020 to March 2nd, 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 09/02/2020 and 03/02/2021.

According to the performance of XMAX between September 2nd, 2020 and March 2nd, 2021, XMAX performed the best on Thursdays. On average, the price of XMAX increased 2.53% on Thursday.

The weekday on which the XMAX performed the worst, is Sunday. On Sundays, the XMAX declined in value on average by -0.89%.

XMAX weekday performance

On Sundays, the XMAX decreases in value on average with -0.89%. On most of the Sundays the XMAX decreases in value between -5.68% and 3.89%. The uncertainty (4.79%) is higher than the average decline percentage (-0.89%). Therefore, expected range of price changes of the XMAX on Sundays is large.

On an average Monday, the XMAX increased 0.53%. However, since the expected deviation is 3.55%, the XMAX will decline in value on a Monday quiet regularly. The expected price change of the XMAX on a Monday is between -3.02% and 4.08%.

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 -0.28%. However, the standard deviation on this weekday is 1.70%. This means that on most Tuesdays, the change in value of the XMAX is between -1.98% and 1.43%.

On Wednesdays, the XMAX decreases in value on average with -0.70%. On most of the Wednesdays the XMAX decreases in value between -4.10% and 2.71%. The uncertainty (3.40%) is higher than the average decline percentage (-0.70%). Therefore, expected range of price changes of the XMAX on Wednesdays is large.

On an average Thursday the XMAX shows an increase in value of 2.53%. However, the change of XMAX on most of the Thursdays is between -11.21% and 16.27%. Therefore it is hard to tell whether an average Thursday 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 Friday. The average change on a Friday for the XMAX is -0.09%. However, the standard deviation on this weekday is 6.84%. This means that on most Fridays, the change in value of the XMAX is between -6.94% and 6.75%.

On an average Saturday the XMAX shows an increase in value of 1.46%. However, the change of XMAX on most of the Saturdays is between -2.44% and 5.36%. Therefore it is hard to tell whether an average Saturday is a good day to start buying XMAXs.

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 -0.89% 4.79% -5.68% to 3.89%
Monday 0.53% 3.55% -3.02% to 4.08%
Tuesday -0.28% 1.70% -1.98% to 1.43%
Wednesday -0.70% 3.40% -4.10% to 2.71%
Thursday 2.53% 13.74% -11.21% to 16.27%
Friday -0.09% 6.84% -6.94% to 6.75%
Saturday 1.46% 3.90% -2.44% to 5.36%
 

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