Verge (XVG)

Current price: $ 0.0069

24 hours price change: $ 0.0003 (4.57%)

Daily analysis of Verge (XVG) - 1 year

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 year, starting on December 19th, 2017 to December 18th, 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 12/19/2017 and 12/18/2018.

According to the performance of Verge between December 19th, 2017 and December 18th, 2018, Verge performed the best on Tuesdays. On average, the price of Verge increased 1.06% on Tuesday.

The weekday on which the Verge performed the worst, is Sunday. On Sundays, the Verge declined in value on average by -1.92%.

Verge weekday performance

The Verge declines in value on an average Sunday with -1.92%. However, the uncertainty (or standard deviation) is quite large, namely 7.36%. This means that it is not possible to say whether on a regular Sunday the Verge will increase or decrease in value.

Historical performance on Monday 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 Monday with 0.77%. However, the uncertainty of this increase is high. The expected change in value of the Verge on a Monday is between -8.43% and 9.98% (see also the table below).

On an average Tuesday the Verge shows an increase in value of 1.06%. However, the change of Verge on most of the Tuesdays is between -10.10% and 12.22%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Verges.

Verge increased in value on an average Wednesday only slightly. The average increase in value of the Verge was 0.03%. 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 (6.45%). This means that on 68 percent of the Wednesdays, the change in price of the Verge is expected to be in the range of -6.42% and 6.48%.

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 0.77%. However, the uncertainty of this increase is high. The expected change in value of the Verge on a Thursday is between -4.17% and 5.70% (see also the table below).

On an average Friday the Verge shows an increase in value of 1.05%. However, the change of Verge on most of the Fridays is between -7.78% and 9.89%. Therefore it is hard to tell whether an average Friday is a good day to start buying Verges.

On an average Saturday, the Verge increased 0.45%. However, since the expected deviation is 9.06%, the Verge will decline in value on a Saturday quiet regularly. The expected price change of the Verge on a Saturday is between -8.61% and 9.51%.

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
Sunday-1.92%7.36%-9.29% to 5.44%
Monday0.77%9.20%-8.43% to 9.98%
Tuesday1.06%11.16%-10.10% to 12.22%
Wednesday0.03%6.45%-6.42% to 6.48%
Thursday0.77%4.93%-4.17% to 5.70%
Friday1.05%8.83%-7.78% to 9.89%
Saturday0.45%9.06%-8.61% to 9.51%