MX Token (MX)

Current price: $ 0.06

24 hours price change: $ 0.003134 (5.24%)

Daily analysis of MX Token (MX) - 1 month

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 November 15th, 2019 to December 14th, 2019.

In the barchart below, the weekdays and average performance of MX Token are shown side by side.

Average daily change in price of MX Token per weekday between 11/15/2019 and 12/14/2019.

According to the performance of MX Token between November 15th, 2019 and December 14th, 2019, MX Token performed the best on Mondays. On average, the price of MX Token increased 0.09% on Monday.

The weekday on which the MX Token performed the worst, is Sunday. On Sundays, the MX Token declined in value on average by -1.92%.

MX Token weekday performance

The MX Token declines in value on an average Sunday with -1.92%. However, the uncertainty (or standard deviation) is quite large, namely 2.43%. This means that it is not possible to say whether on a regular Sunday the MX Token will increase or decrease in value.

MX Token increased in value on an average Monday only slightly. The average increase in value of the MX Token was 0.09%. 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 (2.79%). This means that on 68 percent of the Mondays, the change in price of the MX Token is expected to be in the range of -2.70% and 2.88%.

The MX Token declines in value on an average Tuesday with -1.24%. However, the uncertainty (or standard deviation) is quite large, namely 1.57%. This means that it is not possible to say whether on a regular Tuesday the MX Token will increase or decrease in value.

Allthough the MX Token decreases in value with -0.35% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of MX Token on Wednesdays is 1.36%. This means that the expected change of the value of MX Token is between -1.71% and 1.02% on 68 out of 100 Wednesdays.

Allthough the MX Token decreases in value with -0.48% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of MX Token on Thursdays is 0.53%. This means that the expected change of the value of MX Token is between -1.01% and 0.05% on 68 out of 100 Thursdays.

The MX Token declines in value on an average Friday with -1.46%. However, the uncertainty (or standard deviation) is quite large, namely 4.08%. This means that it is not possible to say whether on a regular Friday the MX Token will increase or decrease in value.

The MX Token declines in value on an average Saturday with -1.69%. However, the uncertainty (or standard deviation) is quite large, namely 2.48%. This means that it is not possible to say whether on a regular Saturday the MX Token will increase or decrease in value.

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 -1.92% 2.43% -4.35% to 0.50%
Monday 0.09% 2.79% -2.70% to 2.88%
Tuesday -1.24% 1.57% -2.81% to 0.33%
Wednesday -0.35% 1.36% -1.71% to 1.02%
Thursday -0.48% 0.53% -1.01% to 0.05%
Friday -1.46% 4.08% -5.54% to 2.62%
Saturday -1.69% 2.48% -4.17% to 0.78%