Verge (XVG)

Current price: $ 0.01

24 hours price change: $ -0.001290 (-10.08%)

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 December 21st, 2021 to January 21st, 2022.

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 12/21/2021 and 01/21/2022.

According to the performance of Verge between December 21st, 2021 and January 21st, 2022, Verge performed the best on Saturdays. On average, the price of Verge increased 1.71% on Saturday.

The weekday on which the Verge performed the worst, is Thursday. On Thursdays, the Verge declined in value on average by -1.11%.

Verge weekday performance

It is hard to tell whether the Verge will increase or decrease in value on an average Sunday. The average change on a Sunday for the Verge is -0.06%. However, the standard deviation on this weekday is 1.87%. This means that on most Sundays, the change in value of the Verge is between -1.94% and 1.81%.

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 -0.21%. However, the standard deviation on this weekday is 0.32%. This means that on most Mondays, the change in value of the Verge is between -0.53% and 0.12%.

Verge increased in value on an average Tuesday only slightly. The average increase in value of the Verge was 0.19%. 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 (1.11%). This means that on 68 percent of the Tuesdays, the change in price of the Verge is expected to be in the range of -0.92% and 1.29%.

Allthough the Verge decreases in value with -0.36% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Verge on Wednesdays is 1.25%. This means that the expected change of the value of Verge is between -1.61% and 0.89% on 68 out of 100 Wednesdays.

The Verge declines in value on an average Thursday with -1.11%. However, the uncertainty (or standard deviation) is quite large, namely 1.84%. This means that it is not possible to say whether on a regular Thursday the Verge will increase or decrease in value.

On Fridays, the Verge decreases in value on average with -0.81%. On most of the Fridays the Verge decreases in value between -1.94% and 0.31%. The uncertainty (1.13%) is higher than the average decline percentage (-0.81%). Therefore, expected range of price changes of the Verge on Fridays is large.

On an average Saturday the Verge shows a high increase in value, namely 1.71%. The standard deviation is below the average increase percentage (standard deviation is 1.43%), meaning that on 68% of the Saturdays the Verge will increase with a percentage between 0.27% and 3.14%. This also means that, on average, on 16 percent of the Saturdays, the Verge will increase with a percentage above this range. On the other 16% of the Saturdays, the Verge will change with a percentage below the 0.27%.

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.

Weekday Average change (%) Standard deviation (%) 68% range
Sunday -0.06% 1.87% -1.94% to 1.81%
Monday -0.21% 0.32% -0.53% to 0.12%
Tuesday 0.19% 1.11% -0.92% to 1.29%
Wednesday -0.36% 1.25% -1.61% to 0.89%
Thursday -1.11% 1.84% -2.95% to 0.73%
Friday -0.81% 1.13% -1.94% to 0.31%
Saturday 1.71% 1.43% 0.27% to 3.14%
 

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