Maximine Coin (MXM)

Current price: $ 0.05

24 hours price change: $ 0.001028 (2.15%)

Daily analysis of Maximine Coin (MXM) - 1 month

The performance of Maximine Coin regarding the price differs every day. To make the best decision to buy Maximine Coin, we are analysis in this article the performance of Maximine Coin on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on August 23rd, 2019 to September 22nd, 2019.

In the barchart below, the weekdays and average performance of Maximine Coin are shown side by side.

Average daily change in price of Maximine Coin per weekday between 08/23/2019 and 09/22/2019.

According to the performance of Maximine Coin between August 23rd, 2019 and September 22nd, 2019, Maximine Coin performed the best on Thursdays. On average, the price of Maximine Coin increased 0.62% on Thursday.

The weekday on which the Maximine Coin performed the worst, is Friday. On Fridays, the Maximine Coin declined in value on average by -2.38%.

Maximine Coin weekday performance

It is hard to tell whether the Maximine Coin will increase or decrease in value on an average Sunday. The average change on a Sunday for the Maximine Coin is -0.29%. However, the standard deviation on this weekday is 0.65%. This means that on most Sundays, the change in value of the Maximine Coin is between -0.94% and 0.36%.

The average increase of the Maximine Coin on an average Monday is 0.40%. This is a small increase, however, the expected change of the Maximine Coin in 95% of the Mondays is -0.24% and 1.05%. This means that only on 2.5% (or slightly over 1 Monday per year) the expected change of the Maximine Coin is below -0.24%. On the other hand, you would not have to expect that the change on a single Monday will be above 1.05%. This will also only happen on 2.5% of the Mondays. On 68% of the Mondays, the increase of the Maximine Coin will be in the range of 0.08% and 0.73%.

On an average Tuesday, the Maximine Coin increased 0.32%. However, since the expected deviation is 0.89%, the Maximine Coin will decline in value on a Tuesday quiet regularly. The expected price change of the Maximine Coin on a Tuesday is between -0.57% and 1.21%.

Allthough the Maximine Coin decreases in value with -0.30% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Maximine Coin on Wednesdays is 0.67%. This means that the expected change of the value of Maximine Coin is between -0.97% and 0.36% on 68 out of 100 Wednesdays.

Historical performance on Thursday do not show an increase in value of the Maximine Coin on which a prediction can be made. The Maximine Coin increased in value on average on an average Thursday with 0.62%. However, the uncertainty of this increase is high. The expected change in value of the Maximine Coin on a Thursday is between -1.49% and 2.73% (see also the table below).

The Maximine Coin declines in value on an average Friday with -2.38%. However, the uncertainty (or standard deviation) is quite large, namely 3.59%. This means that it is not possible to say whether on a regular Friday the Maximine Coin will increase or decrease in value.

It is hard to tell whether the Maximine Coin will increase or decrease in value on an average Saturday. The average change on a Saturday for the Maximine Coin is -0.12%. However, the standard deviation on this weekday is 0.61%. This means that on most Saturdays, the change in value of the Maximine Coin is between -0.73% and 0.49%.

Maximine Coin weekday performance details

Find below the details of the performance of Maximine Coin 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 -0.29% 0.65% -0.94% to 0.36%
Monday 0.40% 0.32% 0.08% to 0.73%
Tuesday 0.32% 0.89% -0.57% to 1.21%
Wednesday -0.30% 0.67% -0.97% to 0.36%
Thursday 0.62% 2.11% -1.49% to 2.73%
Friday -2.38% 3.59% -5.97% to 1.21%
Saturday -0.12% 0.61% -0.73% to 0.49%