Maximine Coin (MXM)

Current price: $ 0.007180

24 hours price change: $ -0.000215 (-2.91%)

Daily analysis of Maximine Coin (MXM) - 6 months

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 6 months, starting on June 15th, 2019 to December 14th, 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 06/15/2019 and 12/14/2019.

According to the performance of Maximine Coin between June 15th, 2019 and December 14th, 2019, Maximine Coin performed the best on Mondays. On average, the price of Maximine Coin increased 0.27% on Monday.

The weekday on which the Maximine Coin performed the worst, is Wednesday. On Wednesdays, the Maximine Coin declined in value on average by -1.49%.

Maximine Coin weekday performance

Maximine Coin increased in value on an average Sunday only slightly. The average increase in value of the Maximine Coin was 0.18%. Allthough the Maximine Coin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (2.42%). This means that on 68 percent of the Sundays, the change in price of the Maximine Coin is expected to be in the range of -2.24% and 2.60%.

Maximine Coin increased in value on an average Monday only slightly. The average increase in value of the Maximine Coin was 0.27%. Allthough the Maximine Coin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (2.46%). This means that on 68 percent of the Mondays, the change in price of the Maximine Coin is expected to be in the range of -2.19% and 2.73%.

On Tuesdays, the Maximine Coin decreases in value on average with -0.65%. On most of the Tuesdays the Maximine Coin decreases in value between -3.78% and 2.47%. The uncertainty (3.12%) is higher than the average decline percentage (-0.65%). Therefore, expected range of price changes of the Maximine Coin on Tuesdays is large.

The Maximine Coin declines in value on an average Wednesday with -1.49%. However, the uncertainty (or standard deviation) is quite large, namely 3.74%. This means that it is not possible to say whether on a regular Wednesday 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 Thursday. The average change on a Thursday for the Maximine Coin is -0.17%. However, the standard deviation on this weekday is 2.25%. This means that on most Thursdays, the change in value of the Maximine Coin is between -2.42% and 2.07%.

Allthough the Maximine Coin decreases in value with -0.43% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Maximine Coin on Fridays is 2.56%. This means that the expected change of the value of Maximine Coin is between -2.99% and 2.12% on 68 out of 100 Fridays.

On Saturdays, the Maximine Coin decreases in value on average with -0.76%. On most of the Saturdays the Maximine Coin decreases in value between -5.73% and 4.21%. The uncertainty (4.97%) is higher than the average decline percentage (-0.76%). Therefore, expected range of price changes of the Maximine Coin on Saturdays is large.

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 0.18% 2.42% -2.24% to 2.60%
Monday 0.27% 2.46% -2.19% to 2.73%
Tuesday -0.65% 3.12% -3.78% to 2.47%
Wednesday -1.49% 3.74% -5.23% to 2.25%
Thursday -0.17% 2.25% -2.42% to 2.07%
Friday -0.43% 2.56% -2.99% to 2.12%
Saturday -0.76% 4.97% -5.73% to 4.21%