Verge (XVG)

Current price: $ 0.0086

24 hours price change: $ -0.0001 (-1.22%)

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 March 18th, 2019 to April 17th, 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 03/18/2019 and 04/17/2019.

According to the performance of Verge between March 18th, 2019 and April 17th, 2019, Verge performed the best on Wednesdays. On average, the price of Verge increased 0.57% on Wednesday.

The weekday on which the Verge performed the worst, is Thursday. On Thursdays, the Verge declined in value on average by -0.33%.

Verge weekday performance

Verge increased in value on an average Sunday only slightly. The average increase in value of the Verge was 0.05%. 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 (0.51%). This means that on 68 percent of the Sundays, the change in price of the Verge is expected to be in the range of -0.46% and 0.55%.

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 -0.27%. However, the standard deviation on this weekday is 0.47%. This means that on most Mondays, the change in value of the Verge is between -0.74% and 0.21%.

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 -0.13%. However, the standard deviation on this weekday is 0.32%. This means that on most Tuesdays, the change in value of the Verge is between -0.44% and 0.19%.

The average increase of the Verge on an average Wednesday is 0.57%. This is a small increase, however, the expected change of the Verge in 95% of the Wednesdays is -0.50% and 1.64%. This means that only on 2.5% (or slightly over 1 Wednesday per year) the expected change of the Verge is below -0.50%. On the other hand, you would not have to expect that the change on a single Wednesday will be above 1.64%. This will also only happen on 2.5% of the Wednesdays. On 68% of the Wednesdays, the increase of the Verge will be in the range of 0.03% and 1.10%.

Allthough the Verge decreases in value with -0.33% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Verge on Thursdays is 0.62%. This means that the expected change of the value of Verge is between -0.95% and 0.29% on 68 out of 100 Thursdays.

Verge increased in value on an average Friday only slightly. The average increase in value of the Verge was 0.16%. 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 (0.36%). This means that on 68 percent of the Fridays, the change in price of the Verge is expected to be in the range of -0.19% and 0.52%.

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 -0.15%. However, the standard deviation on this weekday is 0.38%. This means that on most Saturdays, the change in value of the Verge is between -0.53% and 0.23%.

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
Sunday0.05%0.51%-0.46% to 0.55%
Monday-0.27%0.47%-0.74% to 0.21%
Tuesday-0.13%0.32%-0.44% to 0.19%
Wednesday0.57%0.53%0.03% to 1.10%
Thursday-0.33%0.62%-0.95% to 0.29%
Friday0.16%0.36%-0.19% to 0.52%
Saturday-0.15%0.38%-0.53% to 0.23%