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 1 month, starting on December 30th, 2022 to January 30th, 2023.
In the barchart below, the weekdays and average performance of Metaverse ETP are shown side by side.
According to the performance of Metaverse ETP between December 30th, 2022 and January 30th, 2023, Metaverse ETP performed the best on Saturdays. On average, the price of Metaverse ETP increased 0.81% on Saturday.
The weekday on which the Metaverse ETP performed the worst, is Wednesday. On Wednesdays, the Metaverse ETP declined in value on average by -0.79%.
Metaverse ETP weekday performance
On an average Sunday, the Metaverse ETP increased 0.59%. However, since the expected deviation is 0.81%, the Metaverse ETP will decline in value on a Sunday quiet regularly. The expected price change of the Metaverse ETP on a Sunday is between -0.22% and 1.40%.
The expected range of change of the Metaverse ETP for an average Monday is between 0.03% and 1.26%. This is the result of an average increase in value of 0.65% and a standard deviation of %STANDARD_DEVIATION%}. This expected increase of value is calculated over the last 1 month.
Metaverse ETP increased in value on an average Tuesday only slightly. The average increase in value of the Metaverse ETP was 0.10%. Allthough the Metaverse ETP closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.15%). This means that on 68 percent of the Tuesdays, the change in price of the Metaverse ETP is expected to be in the range of -0.04% and 0.25%.
On Wednesdays, the Metaverse ETP decreases in value on average with -0.79%. On most of the Wednesdays the Metaverse ETP decreases in value between -1.68% and 0.09%. The uncertainty (0.88%) is higher than the average decline percentage (-0.79%). Therefore, expected range of price changes of the Metaverse ETP on Wednesdays is large.
Metaverse ETP increased in value on an average Thursday only slightly. The average increase in value of the Metaverse ETP was 0.03%. Allthough the Metaverse ETP closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.09%). This means that on 68 percent of the Thursdays, the change in price of the Metaverse ETP is expected to be in the range of -0.06% and 0.12%.
Allthough the Metaverse ETP decreases in value with -0.37% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Metaverse ETP on Fridays is 1.40%. This means that the expected change of the value of Metaverse ETP is between -1.77% and 1.04% on 68 out of 100 Fridays.
Historical performance on Saturday 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 Saturday with 0.81%. However, the uncertainty of this increase is high. The expected change in value of the Metaverse ETP on a Saturday is between -0.51% and 2.13% (see also the table below).
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||0.59%||0.81%||-0.22% to 1.40%|
|Monday||0.65%||0.61%||0.03% to 1.26%|
|Tuesday||0.10%||0.15%||-0.04% to 0.25%|
|Wednesday||-0.79%||0.88%||-1.68% to 0.09%|
|Thursday||0.03%||0.09%||-0.06% to 0.12%|
|Friday||-0.37%||1.40%||-1.77% to 1.04%|
|Saturday||0.81%||1.32%||-0.51% to 2.13%|