Verge (XVG)

Current price: $ 0.0058

24 hours price change: $ 0.00003441 (0.60%)

Daily analysis of Verge (XVG) - all

The performance of Verge regarding the price differs every day. To make the best decision to buy Verge, we are analysis in this article the performance of Verge on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on February 9th, 2016 to December 12th, 2018.

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

Average daily change in price of Verge per weekday between 02/09/2016 and 12/12/2018.

According to the performance of Verge between February 9th, 2016 and December 12th, 2018, Verge performed the best on Fridays. On average, the price of Verge increased 4.62% on Friday.

The weekday on which the Verge performed the worst, is Sunday. On Sundays, the Verge rose in value on average by 0.46%. The price still increased on Sundays, allthough it was the smallest increase of all days on average.

Verge weekday performance

On an average Sunday, the Verge increased 0.46%. However, since the expected deviation is 14.05%, the Verge will decline in value on a Sunday quiet regularly. The expected price change of the Verge on a Sunday is between -13.59% and 14.52%.

On an average Monday the Verge shows an increase in value of 1.43%. However, the change of Verge on most of the Mondays is between -12.72% and 15.58%. Therefore it is hard to tell whether an average Monday is a good day to start buying Verges.

On an average Tuesday the Verge shows an increase in value of 2.52%. However, the change of Verge on most of the Tuesdays is between -21.03% and 26.07%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Verges.

On an average Wednesday the Verge shows an increase in value of 2.90%. However, the change of Verge on most of the Wednesdays is between -12.78% and 18.59%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Verges.

Historical performance on Thursday do not show an increase in value of the Verge on which a prediction can be made. The Verge increased in value on average on an average Thursday with 0.78%. However, the uncertainty of this increase is high. The expected change in value of the Verge on a Thursday is between -16.72% and 18.29% (see also the table below).

The increase in value of the Verge is 4.62% on an average Friday. However, the uncertainty on the average change is high for the Verge on Fridays. This is the reason why an expected increase of the Verge on an average Friday cannot be predicted. The standard deviation for Verge on Fridays is high, namely 31.33%. This means that the expected range of value change for the Verge is -26.71% and 35.95% on 68% of the Fridays.

The increase in value of the Verge is 3.14% on an average Saturday. However, the uncertainty on the average change is high for the Verge on Saturdays. This is the reason why an expected increase of the Verge on an average Saturday cannot be predicted. The standard deviation for Verge on Saturdays is high, namely 20.09%. This means that the expected range of value change for the Verge is -16.94% and 23.23% on 68% of the Saturdays.

Verge weekday performance details

Find below the details of the performance of Verge 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
Sunday0.46%14.05%-13.59% to 14.52%
Monday1.43%14.15%-12.72% to 15.58%
Tuesday2.52%23.55%-21.03% to 26.07%
Wednesday2.90%15.69%-12.78% to 18.59%
Thursday0.78%17.50%-16.72% to 18.29%
Friday4.62%31.33%-26.71% to 35.95%
Saturday3.14%20.09%-16.94% to 23.23%