PAX Gold (PAXG)

Current price: $ 1,465.57

24 hours price change: - (-)

Daily analysis of PAX Gold (PAXG) - 1 year

The performance of PAX Gold regarding the price differs every day. To make the best decision to buy PAX Gold, we are analysis in this article the performance of PAX Gold on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 year, starting on October 17th, 2019 to October 22nd, 2019.

In the barchart below, the weekdays and average performance of PAX Gold are shown side by side.

Average daily change in price of PAX Gold per weekday between 10/17/2019 and 10/22/2019.

According to the performance of PAX Gold between October 17th, 2019 and October 22nd, 2019, PAX Gold performed the best on Thursdays. On average, the price of PAX Gold increased inf% on Thursday.

The weekday on which the PAX Gold performed the worst, is Friday. On Fridays, the PAX Gold declined in value on average by -0.11%.

PAX Gold weekday performance

The average increase of the PAX Gold on an average Sunday is 0.32%. This is a small increase, however, the expected change of the PAX Gold in 95% of the Sundays is 0.32% and 0.32%. This means that only on 2.5% (or slightly over 1 Sunday per year) the expected change of the PAX Gold is below 0.32%. On the other hand, you would not have to expect that the change on a single Sunday will be above 0.32%. This will also only happen on 2.5% of the Sundays. On 68% of the Sundays, the increase of the PAX Gold will be in the range of 0.32% and 0.32%.

The average increase of the PAX Gold on an average Monday is 0.38%. This is a small increase, however, the expected change of the PAX Gold in 95% of the Mondays is 0.38% and 0.38%. This means that only on 2.5% (or slightly over 1 Monday per year) the expected change of the PAX Gold is below 0.38%. On the other hand, you would not have to expect that the change on a single Monday will be above 0.38%. This will also only happen on 2.5% of the Mondays. On 68% of the Mondays, the increase of the PAX Gold will be in the range of 0.38% and 0.38%.

PAX Gold increased in value on an average Tuesday only slightly. The average increase in value of the PAX Gold was -. Allthough the PAX Gold closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (-). This means that on 68 percent of the Tuesdays, the change in price of the PAX Gold is expected to be in the range of - and -.

On Thursdays, the average increase of the value of the PAX Gold is very high. The average increase is inf%. The standard deviation of the PAX Gold on Thursdays is nan%. This means that on 68% of the Thursdays, the PAX Gold increases between nan% and nan%. The uncertainty is therefore not very high, since on most Thursdays, the value of the PAX Gold will increase.

It is hard to tell whether the PAX Gold will increase or decrease in value on an average Friday. The average change on a Friday for the PAX Gold is -0.11%. However, the standard deviation on this weekday is -. This means that on most Fridays, the change in value of the PAX Gold is between -0.11% and -0.11%.

The average increase of the PAX Gold on an average Saturday is 0.31%. This is a small increase, however, the expected change of the PAX Gold in 95% of the Saturdays is 0.31% and 0.31%. This means that only on 2.5% (or slightly over 1 Saturday per year) the expected change of the PAX Gold is below 0.31%. On the other hand, you would not have to expect that the change on a single Saturday will be above 0.31%. This will also only happen on 2.5% of the Saturdays. On 68% of the Saturdays, the increase of the PAX Gold will be in the range of 0.31% and 0.31%.

PAX Gold weekday performance details

Find below the details of the performance of PAX Gold 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 0.32% - 0.32% to 0.32%
Monday 0.38% - 0.38% to 0.38%
Tuesday - - - to -
{%WEEKDAY_WEDNESDAY%} {%AVERAGE_GROWTH_PERC_WEDNESDAY%} {%SD_PERC_WEDNESDAY%} {%SD_PERC_68_MIN_WEDNESDAY%} to {%SD_PERC_68_MAX_WEDNESDAY%}
Thursday inf% nan% nan% to nan%
Friday -0.11% - -0.11% to -0.11%
Saturday 0.31% - 0.31% to 0.31%