VeChain (VEN)

Current price: $ 0.35

24 hours price change: - (-)

Daily analysis of VeChain (VEN) - 6 months

The performance of VeChain regarding the price differs every day. To make the best decision to buy VeChain, we are analysis in this article the performance of VeChain on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 6 months, starting on October 24th, 2018 to April 23rd, 2019.

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

Average daily change in price of VeChain per weekday between 10/24/2018 and 04/23/2019.

According to the performance of VeChain between October 24th, 2018 and April 23rd, 2019, VeChain performed the best on Tuesdays. On average, the price of VeChain increased 9.56% on Tuesday.

The weekday on which the VeChain performed the worst, is Saturday. On Saturdays, the VeChain declined in value on average by -0.03%.

VeChain weekday performance

VeChain increased in value on an average Sunday only slightly. The average increase in value of the VeChain was 0.03%. Allthough the VeChain closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.18%). This means that on 68 percent of the Sundays, the change in price of the VeChain is expected to be in the range of -0.15% and 0.21%.

It is hard to tell whether the VeChain will increase or decrease in value on an average Monday. The average change on a Monday for the VeChain is 0.00%. However, the standard deviation on this weekday is 0.09%. This means that on most Mondays, the change in value of the VeChain is between -0.10% and 0.09%.

The increase in value of the VeChain is 9.56% on an average Tuesday. However, the uncertainty on the average change is high for the VeChain on Tuesdays. This is the reason why an expected increase of the VeChain on an average Tuesday cannot be predicted. The standard deviation for VeChain on Tuesdays is high, namely 35.58%. This means that the expected range of value change for the VeChain is -26.02% and 45.14% on 68% of the Tuesdays.

VeChain increased in value on an average Wednesday only slightly. The average increase in value of the VeChain was 0.04%. Allthough the VeChain closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.18%). This means that on 68 percent of the Wednesdays, the change in price of the VeChain is expected to be in the range of -0.13% and 0.22%.

VeChain increased in value on an average Thursday only slightly. The average increase in value of the VeChain was 0.03%. Allthough the VeChain closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.19%). This means that on 68 percent of the Thursdays, the change in price of the VeChain is expected to be in the range of -0.17% and 0.22%.

VeChain increased in value on an average Friday only slightly. The average increase in value of the VeChain was 0.05%. Allthough the VeChain closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.27%). This means that on 68 percent of the Fridays, the change in price of the VeChain is expected to be in the range of -0.22% and 0.32%.

It is hard to tell whether the VeChain will increase or decrease in value on an average Saturday. The average change on a Saturday for the VeChain is -0.03%. However, the standard deviation on this weekday is 0.11%. This means that on most Saturdays, the change in value of the VeChain is between -0.14% and 0.09%.

VeChain weekday performance details

Find below the details of the performance of VeChain 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.

WeekdayAverage change (%)Standard deviation (%)68% range
Sunday0.03%0.18%-0.15% to 0.21%
Monday0.00%0.09%-0.10% to 0.09%
Tuesday9.56%35.58%-26.02% to 45.14%
Wednesday0.04%0.18%-0.13% to 0.22%
Thursday0.03%0.19%-0.17% to 0.22%
Friday0.05%0.27%-0.22% to 0.32%
Saturday-0.03%0.11%-0.14% to 0.09%