Verge (XVG)

Current price: $ 0.003792

24 hours price change: $ -0.000086 (-2.22%)

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 October 14th, 2019 to November 13th, 2019.

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 10/14/2019 and 11/13/2019.

According to the performance of Verge between October 14th, 2019 and November 13th, 2019, Verge performed the best on Sundays. On average, the price of Verge increased 1.03% on Sunday.

The weekday on which the Verge performed the worst, is Saturday. On Saturdays, the Verge declined in value on average by -0.95%.

Verge weekday performance

On an average Sunday the Verge shows an increase in value of 1.03%. However, the change of Verge on most of the Sundays is between -0.15% and 2.22%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Verges.

Verge increased in value on an average Monday only slightly. The average increase in value of the Verge was 0.17%. 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 (1.47%). This means that on 68 percent of the Mondays, the change in price of the Verge is expected to be in the range of -1.30% and 1.64%.

It is hard to tell whether the Verge will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Verge is -0.27%. However, the standard deviation on this weekday is 1.55%. This means that on most Tuesdays, the change in value of the Verge is between -1.82% and 1.27%.

Verge increased in value on an average Wednesday only slightly. The average increase in value of the Verge was 0.17%. 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 (1.68%). This means that on 68 percent of the Wednesdays, the change in price of the Verge is expected to be in the range of -1.51% and 1.85%.

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 0.93%. However, the uncertainty of this increase is high. The expected change in value of the Verge on a Thursday is between -0.34% and 2.20% (see also the table below).

Allthough the Verge decreases in value with -0.40% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Verge on Fridays is 0.96%. This means that the expected change of the value of Verge is between -1.36% and 0.56% on 68 out of 100 Fridays.

On Saturdays, the Verge decreases in value on average with -0.95%. On most of the Saturdays the Verge decreases in value between -2.42% and 0.52%. The uncertainty (1.47%) is higher than the average decline percentage (-0.95%). Therefore, expected range of price changes of the Verge on Saturdays is large.

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 1.03% 1.19% -0.15% to 2.22%
Monday 0.17% 1.47% -1.30% to 1.64%
Tuesday -0.27% 1.55% -1.82% to 1.27%
Wednesday 0.17% 1.68% -1.51% to 1.85%
Thursday 0.93% 1.27% -0.34% to 2.20%
Friday -0.40% 0.96% -1.36% to 0.56%
Saturday -0.95% 1.47% -2.42% to 0.52%