Metaverse ETP (ETP)

Current price: $ 0.37

24 hours price change: $ -0.01 (-3.44%)

Daily analysis of Metaverse ETP (ETP) - all

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 years, starting on September 19th, 2017 to December 14th, 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 09/19/2017 and 12/14/2019.

According to the performance of Metaverse ETP between September 19th, 2017 and December 14th, 2019, Metaverse ETP performed the best on Saturdays. On average, the price of Metaverse ETP increased 1.06% on Saturday.

The weekday on which the Metaverse ETP performed the worst, is Monday. On Mondays, the Metaverse ETP declined in value on average by -0.74%.

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 -0.05%. However, the standard deviation on this weekday is 6.50%. This means that on most Sundays, the change in value of the Metaverse ETP is between -6.55% and 6.45%.

On Mondays, the Metaverse ETP decreases in value on average with -0.74%. On most of the Mondays the Metaverse ETP decreases in value between -8.44% and 6.96%. The uncertainty (7.70%) is higher than the average decline percentage (-0.74%). Therefore, expected range of price changes of the Metaverse ETP on Mondays is large.

On an average Tuesday, the Metaverse ETP increased 0.53%. However, since the expected deviation is 8.44%, the Metaverse ETP will decline in value on a Tuesday quiet regularly. The expected price change of the Metaverse ETP on a Tuesday is between -7.91% and 8.98%.

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 0.88%. However, the uncertainty of this increase is high. The expected change in value of the Metaverse ETP on a Wednesday is between -11.65% and 13.42% (see also the table below).

Allthough the Metaverse ETP decreases in value with -0.57% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Metaverse ETP on Thursdays is 10.20%. This means that the expected change of the value of Metaverse ETP is between -10.77% and 9.63% on 68 out of 100 Thursdays.

On an average Friday, the Metaverse ETP increased 0.51%. However, since the expected deviation is 7.38%, the Metaverse ETP will decline in value on a Friday quiet regularly. The expected price change of the Metaverse ETP on a Friday is between -6.88% and 7.89%.

On an average Saturday the Metaverse ETP shows an increase in value of 1.06%. However, the change of Metaverse ETP on most of the Saturdays is between -6.20% and 8.33%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Metaverse ETPs.

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 -0.05% 6.50% -6.55% to 6.45%
Monday -0.74% 7.70% -8.44% to 6.96%
Tuesday 0.53% 8.44% -7.91% to 8.98%
Wednesday 0.88% 12.53% -11.65% to 13.42%
Thursday -0.57% 10.20% -10.77% to 9.63%
Friday 0.51% 7.38% -6.88% to 7.89%
Saturday 1.06% 7.27% -6.20% to 8.33%