Metaverse ETP (ETP)

Current price: $ 0.22

24 hours price change: $ -0.03 (-10.14%)

Daily analysis of Metaverse ETP (ETP) - 1 month

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 November 2nd, 2021 to December 2nd, 2021.

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 11/02/2021 and 12/02/2021.

According to the performance of Metaverse ETP between November 2nd, 2021 and December 2nd, 2021, Metaverse ETP performed the best on Fridays. On average, the price of Metaverse ETP increased 2.98% on Friday.

The weekday on which the Metaverse ETP performed the worst, is Tuesday. On Tuesdays, the Metaverse ETP declined in value on average by -4.43%.

Metaverse ETP weekday performance

The Metaverse ETP declines in value on an average Sunday with -1.80%. However, the uncertainty (or standard deviation) is quite large, namely 1.90%. This means that it is not possible to say whether on a regular Sunday the Metaverse ETP will increase or decrease in value.

Historical performance on Monday 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 Monday with 0.73%. However, the uncertainty of this increase is high. The expected change in value of the Metaverse ETP on a Monday is between -0.66% and 2.12% (see also the table below).

The decrease in value of the Metaverse ETP is -4.43% on an average Tuesday. The uncertainty of the average change is high for the Metaverse ETP on Tuesdays. This means that it is hard to tell whether the Metaverse ETP will decrease or increase in value on an average Tuesday. If we look at the 68% range of the Metaverse ETP, we see that on 68% of the Tuesdays, the expected change of the Metaverse ETP is between -11.00% and 2.14%.

Metaverse ETP increased in value on an average Wednesday only slightly. The average increase in value of the Metaverse ETP was 0.12%. 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 (2.87%). This means that on 68 percent of the Wednesdays, the change in price of the Metaverse ETP is expected to be in the range of -2.75% and 2.99%.

The decrease in value of the Metaverse ETP is -3.08% on an average Thursday. The uncertainty of the average change is high for the Metaverse ETP on Thursdays. This means that it is hard to tell whether the Metaverse ETP will decrease or increase in value on an average Thursday. If we look at the 68% range of the Metaverse ETP, we see that on 68% of the Thursdays, the expected change of the Metaverse ETP is between -8.09% and 1.94%.

On an average Friday the Metaverse ETP shows an increase in value of 2.98%. However, the change of Metaverse ETP on most of the Fridays is between -3.56% and 9.51%. Therefore it is hard to tell whether an average Friday is a good day to start buying Metaverse ETPs.

The Metaverse ETP declines in value on an average Saturday with -1.35%. However, the uncertainty (or standard deviation) is quite large, namely 1.25%. This means that it is not possible to say whether on a regular Saturday the Metaverse ETP will increase or decrease in value.

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 -1.80% 1.90% -3.70% to 0.10%
Monday 0.73% 1.39% -0.66% to 2.12%
Tuesday -4.43% 6.57% -11.00% to 2.14%
Wednesday 0.12% 2.87% -2.75% to 2.99%
Thursday -3.08% 5.02% -8.09% to 1.94%
Friday 2.98% 6.54% -3.56% to 9.51%
Saturday -1.35% 1.25% -2.60% to -0.09%
 

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