Verge (XVG)

Current price: $ 0.0063

24 hours price change: $ 0.00007195 (1.15%)

Daily analysis of Verge (XVG) - 1 month

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 1 month, starting on November 18th, 2018 to December 17th, 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 11/18/2018 and 12/17/2018.

According to the performance of Verge between November 18th, 2018 and December 17th, 2018, Verge performed the best on Wednesdays. On average, the price of Verge increased 1.20% on Wednesday.

The weekday on which the Verge performed the worst, is Thursday. On Thursdays, the Verge declined in value on average by -2.60%.

Verge weekday performance

Verge increased in value on an average Sunday only slightly. The average increase in value of the Verge was 0.26%. Allthough the Verge closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.06%). This means that on 68 percent of the Sundays, the change in price of the Verge is expected to be in the range of -0.81% and 1.32%.

It is hard to tell whether the Verge will increase or decrease in value on an average Monday. The average change on a Monday for the Verge is -0.04%. However, the standard deviation on this weekday is 0.26%. This means that on most Mondays, the change in value of the Verge is between -0.30% and 0.22%.

On Tuesdays, the Verge decreases in value on average with -0.63%. On most of the Tuesdays the Verge decreases in value between -1.00% and -0.26%. The uncertainty (0.37%) is higher than the average decline percentage (-0.63%). Therefore, expected range of price changes of the Verge on Tuesdays is large.

On an average Wednesday the Verge shows an increase in value of 1.20%. However, the change of Verge on most of the Wednesdays is between -0.94% and 3.34%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Verges.

The Verge declines in value on an average Thursday with -2.60%. However, the uncertainty (or standard deviation) is quite large, namely 2.83%. This means that it is not possible to say whether on a regular Thursday the Verge will increase or decrease in value.

Verge increased in value on an average Friday only slightly. The average increase in value of the Verge was 0.01%. Allthough the Verge closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.78%). This means that on 68 percent of the Fridays, the change in price of the Verge is expected to be in the range of -0.77% and 0.79%.

It is hard to tell whether the Verge will increase or decrease in value on an average Saturday. The average change on a Saturday for the Verge is -0.17%. However, the standard deviation on this weekday is 0.61%. This means that on most Saturdays, the change in value of the Verge is between -0.78% and 0.44%.

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
Sunday0.26%1.06%-0.81% to 1.32%
Monday-0.04%0.26%-0.30% to 0.22%
Tuesday-0.63%0.37%-1.00% to -0.26%
Wednesday1.20%2.14%-0.94% to 3.34%
Thursday-2.60%2.83%-5.43% to 0.22%
Friday0.01%0.78%-0.77% to 0.79%
Saturday-0.17%0.61%-0.78% to 0.44%