The performance of MX Token regarding the price differs every day. To make the best decision to buy MX Token, we are analysis in this article the performance of MX Token on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on May 3rd, 2023 to June 3rd, 2023.
In the barchart below, the weekdays and average performance of MX Token are shown side by side.
According to the performance of MX Token between May 3rd, 2023 and June 3rd, 2023, MX Token performed the best on Fridays. On average, the price of MX Token increased 2.50% on Friday.
The weekday on which the MX Token performed the worst, is Thursday. On Thursdays, the MX Token declined in value on average by -1.67%.
MX Token weekday performance
On an average Sunday the MX Token shows an increase in value of 2.45%. However, the change of MX Token on most of the Sundays is between -1.22% and 6.12%. Therefore it is hard to tell whether an average Sunday is a good day to start buying MX Tokens.
Historical performance on Monday do not show an increase in value of the MX Token on which a prediction can be made. The MX Token increased in value on average on an average Monday with 0.98%. However, the uncertainty of this increase is high. The expected change in value of the MX Token on a Monday is between -0.64% and 2.59% (see also the table below).
The MX Token declines in value on an average Tuesday with -1.26%. However, the uncertainty (or standard deviation) is quite large, namely 2.27%. This means that it is not possible to say whether on a regular Tuesday the MX Token will increase or decrease in value.
MX Token increased in value on an average Wednesday only slightly. The average increase in value of the MX Token was 0.08%. Allthough the MX Token closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.12%). This means that on 68 percent of the Wednesdays, the change in price of the MX Token is expected to be in the range of -0.05% and 0.20%.
The MX Token declines in value on an average Thursday with -1.67%. However, the uncertainty (or standard deviation) is quite large, namely 3.37%. This means that it is not possible to say whether on a regular Thursday the MX Token will increase or decrease in value.
On an average Friday the MX Token shows an increase in value of 2.50%. However, the change of MX Token on most of the Fridays is between -1.14% and 6.14%. Therefore it is hard to tell whether an average Friday is a good day to start buying MX Tokens.
MX Token increased in value on an average Saturday only slightly. The average increase in value of the MX Token was 0.14%. Allthough the MX Token closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.97%). This means that on 68 percent of the Saturdays, the change in price of the MX Token is expected to be in the range of -0.83% and 1.11%.
MX Token weekday performance details
Find below the details of the performance of MX Token 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 | 2.45% | 3.67% | -1.22% to 6.12% |
| Monday | 0.98% | 1.61% | -0.64% to 2.59% |
| Tuesday | -1.26% | 2.27% | -3.53% to 1.00% |
| Wednesday | 0.08% | 0.12% | -0.05% to 0.20% |
| Thursday | -1.67% | 3.37% | -5.04% to 1.70% |
| Friday | 2.50% | 3.64% | -1.14% to 6.14% |
| Saturday | 0.14% | 0.97% | -0.83% to 1.11% |