Metaverse ETP (ETP)

Current price: $ 0.87

24 hours price change: $ 0.02 (1.84%)

Daily analysis of Metaverse ETP (ETP) - 6 months

The performance of Metaverse ETP regarding the price differs every day. To make the best decision to buy Metaverse ETP, we are analysis in this article the performance of Metaverse ETP on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 6 months, starting on February 18th, 2019 to August 17th, 2019.

In the barchart below, the weekdays and average performance of Metaverse ETP are shown side by side.

Average daily change in price of Metaverse ETP per weekday between 02/18/2019 and 08/17/2019.

According to the performance of Metaverse ETP between February 18th, 2019 and August 17th, 2019, Metaverse ETP performed the best on Tuesdays. On average, the price of Metaverse ETP increased 3.24% on Tuesday.

The weekday on which the Metaverse ETP performed the worst, is Thursday. On Thursdays, the Metaverse ETP declined in value on average by -1.71%.

Metaverse ETP weekday performance

It is hard to tell whether the Metaverse ETP will increase or decrease in value on an average Sunday. The average change on a Sunday for the Metaverse ETP is -0.16%. However, the standard deviation on this weekday is 4.94%. This means that on most Sundays, the change in value of the Metaverse ETP is between -5.10% and 4.78%.

Allthough the Metaverse ETP decreases in value with -0.46% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Metaverse ETP on Mondays is 6.64%. This means that the expected change of the value of Metaverse ETP is between -7.10% and 6.18% on 68 out of 100 Mondays.

The increase in value of the Metaverse ETP is 3.24% on an average Tuesday. However, the uncertainty on the average change is high for the Metaverse ETP on Tuesdays. This is the reason why an expected increase of the Metaverse ETP on an average Tuesday cannot be predicted. The standard deviation for Metaverse ETP on Tuesdays is high, namely 9.54%. This means that the expected range of value change for the Metaverse ETP is -6.30% and 12.78% on 68% of the Tuesdays.

Historical performance on Wednesday do not show an increase in value of the Metaverse ETP on which a prediction can be made. The Metaverse ETP increased in value on average on an average Wednesday with 0.91%. However, the uncertainty of this increase is high. The expected change in value of the Metaverse ETP on a Wednesday is between -3.89% and 5.72% (see also the table below).

The Metaverse ETP declines in value on an average Thursday with -1.71%. However, the uncertainty (or standard deviation) is quite large, namely 6.30%. This means that it is not possible to say whether on a regular Thursday the Metaverse ETP will increase or decrease in value.

On an average Friday the Metaverse ETP shows an increase in value of 1.02%. However, the change of Metaverse ETP on most of the Fridays is between -3.53% and 5.57%. Therefore it is hard to tell whether an average Friday is a good day to start buying Metaverse ETPs.

Allthough the Metaverse ETP decreases in value with -0.33% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Metaverse ETP on Saturdays is 4.46%. This means that the expected change of the value of Metaverse ETP is between -4.79% and 4.13% on 68 out of 100 Saturdays.

Metaverse ETP weekday performance details

Find below the details of the performance of Metaverse ETP 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 -0.16% 4.94% -5.10% to 4.78%
Monday -0.46% 6.64% -7.10% to 6.18%
Tuesday 3.24% 9.54% -6.30% to 12.78%
Wednesday 0.91% 4.81% -3.89% to 5.72%
Thursday -1.71% 6.30% -8.01% to 4.59%
Friday 1.02% 4.55% -3.53% to 5.57%
Saturday -0.33% 4.46% -4.79% to 4.13%