Metaverse ETP (ETP)

Current price: $ 0.01

24 hours price change: $ 0.000874 (6.60%)

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 January 26th, 2024 to February 26th, 2024.

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 01/26/2024 and 02/26/2024.

According to the performance of Metaverse ETP between January 26th, 2024 and February 26th, 2024, Metaverse ETP performed the best on Sundays. On average, the price of Metaverse ETP increased 0.42% on Sunday.

The weekday on which the Metaverse ETP performed the worst, is Wednesday. On Wednesdays, the Metaverse ETP declined in value on average by -1.12%.

Metaverse ETP weekday performance

On an average Sunday, the Metaverse ETP increased 0.42%. However, since the expected deviation is 0.87%, 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 -0.45% and 1.29%.

It is hard to tell whether the Metaverse ETP will increase or decrease in value on an average Monday. The average change on a Monday for the Metaverse ETP is -0.29%. However, the standard deviation on this weekday is 0.74%. This means that on most Mondays, the change in value of the Metaverse ETP is between -1.02% and 0.45%.

It is hard to tell whether the Metaverse ETP will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Metaverse ETP is -0.04%. However, the standard deviation on this weekday is 0.26%. This means that on most Tuesdays, the change in value of the Metaverse ETP is between -0.30% and 0.22%.

The Metaverse ETP declines in value on an average Wednesday with -1.12%. However, the uncertainty (or standard deviation) is quite large, namely 1.55%. This means that it is not possible to say whether on a regular Wednesday the Metaverse ETP will increase or decrease in value.

Metaverse ETP increased in value on an average Thursday only slightly. The average increase in value of the Metaverse ETP was 0.18%. 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 (0.66%). 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 -0.48% and 0.84%.

Metaverse ETP increased in value on an average Friday only slightly. The average increase in value of the Metaverse ETP was 0.08%. 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 (0.17%). This means that on 68 percent of the Fridays, the change in price of the Metaverse ETP is expected to be in the range of -0.09% and 0.25%.

Allthough the Metaverse ETP decreases in value with -0.38% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Metaverse ETP on Saturdays is 0.81%. This means that the expected change of the value of Metaverse ETP is between -1.19% and 0.43% 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 0.42% 0.87% -0.45% to 1.29%
Monday -0.29% 0.74% -1.02% to 0.45%
Tuesday -0.04% 0.26% -0.30% to 0.22%
Wednesday -1.12% 1.55% -2.67% to 0.43%
Thursday 0.18% 0.66% -0.48% to 0.84%
Friday 0.08% 0.17% -0.09% to 0.25%
Saturday -0.38% 0.81% -1.19% to 0.43%
 

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