Maximine Coin (MXM)

Current price: $ 0.002187

24 hours price change: $ -0.000257 (-10.50%)

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 August 26th, 2019 to February 25th, 2020.

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 08/26/2019 and 02/25/2020.

According to the performance of Maximine Coin between August 26th, 2019 and February 25th, 2020, Maximine Coin performed the best on Sundays. On average, the price of Maximine Coin increased 0.35% on Sunday.

The weekday on which the Maximine Coin performed the worst, is Wednesday. On Wednesdays, the Maximine Coin declined in value on average by -0.54%.

Maximine Coin weekday performance

On an average Sunday, the Maximine Coin increased 0.35%. However, since the expected deviation is 2.69%, the Maximine Coin will decline in value on a Sunday quiet regularly. The expected price change of the Maximine Coin on a Sunday is between -2.34% and 3.04%.

It is hard to tell whether the Maximine Coin will increase or decrease in value on an average Monday. The average change on a Monday for the Maximine Coin is 0.00%. However, the standard deviation on this weekday is 2.00%. This means that on most Mondays, the change in value of the Maximine Coin is between -2.01% and 2.00%.

Allthough the Maximine Coin decreases in value with -0.31% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Maximine Coin on Tuesdays is 3.53%. This means that the expected change of the value of Maximine Coin is between -3.83% and 3.22% on 68 out of 100 Tuesdays.

Allthough the Maximine Coin decreases in value with -0.54% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Maximine Coin on Wednesdays is 4.53%. This means that the expected change of the value of Maximine Coin is between -5.07% and 3.99% on 68 out of 100 Wednesdays.

Allthough the Maximine Coin decreases in value with -0.47% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Maximine Coin on Thursdays is 5.21%. This means that the expected change of the value of Maximine Coin is between -5.68% and 4.74% on 68 out of 100 Thursdays.

Maximine Coin increased in value on an average Friday only slightly. The average increase in value of the Maximine Coin was 0.25%. 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 (2.95%). This means that on 68 percent of the Fridays, the change in price of the Maximine Coin is expected to be in the range of -2.71% and 3.20%.

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 -0.15%. However, the standard deviation on this weekday is 4.95%. This means that on most Saturdays, the change in value of the Maximine Coin is between -5.10% and 4.80%.

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 0.35% 2.69% -2.34% to 3.04%
Monday 0.00% 2.00% -2.01% to 2.00%
Tuesday -0.31% 3.53% -3.83% to 3.22%
Wednesday -0.54% 4.53% -5.07% to 3.99%
Thursday -0.47% 5.21% -5.68% to 4.74%
Friday 0.25% 2.95% -2.71% to 3.20%
Saturday -0.15% 4.95% -5.10% to 4.80%
 

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