Verge (XVG)

Current price: $ 0.01

24 hours price change: $ 0.0005 (4.32%)

Daily analysis of Verge (XVG) - 6 months

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 6 months, starting on November 24th, 2018 to May 23rd, 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 11/24/2018 and 05/23/2019.

According to the performance of Verge between November 24th, 2018 and May 23rd, 2019, Verge performed the best on Wednesdays. On average, the price of Verge increased 0.69% on Wednesday.

The weekday on which the Verge performed the worst, is Thursday. On Thursdays, the Verge declined in value on average by -0.42%.

Verge weekday performance

Verge increased in value on an average Sunday only slightly. The average increase in value of the Verge was 0.22%. 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 (1.44%). This means that on 68 percent of the Sundays, the change in price of the Verge is expected to be in the range of -1.22% and 1.66%.

Allthough the Verge decreases in value with -0.31% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Verge on Mondays is 1.81%. This means that the expected change of the value of Verge is between -2.12% and 1.50% on 68 out of 100 Mondays.

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 -0.19%. However, the standard deviation on this weekday is 1.23%. This means that on most Tuesdays, the change in value of the Verge is between -1.42% and 1.04%.

Historical performance on Wednesday 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 Wednesday with 0.69%. However, the uncertainty of this increase is high. The expected change in value of the Verge on a Wednesday is between -1.79% and 3.18% (see also the table below).

Allthough the Verge decreases in value with -0.42% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Verge on Thursdays is 1.55%. This means that the expected change of the value of Verge is between -1.96% and 1.13% on 68 out of 100 Thursdays.

On an average Friday, the Verge increased 0.35%. However, since the expected deviation is 0.75%, the Verge will decline in value on a Friday quiet regularly. The expected price change of the Verge on a Friday is between -0.39% and 1.10%.

Allthough the Verge decreases in value with -0.34% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Verge on Saturdays is 0.70%. This means that the expected change of the value of Verge is between -1.04% and 0.36% on 68 out of 100 Saturdays.

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
Sunday0.22%1.44%-1.22% to 1.66%
Monday-0.31%1.81%-2.12% to 1.50%
Tuesday-0.19%1.23%-1.42% to 1.04%
Wednesday0.69%2.49%-1.79% to 3.18%
Thursday-0.42%1.55%-1.96% to 1.13%
Friday0.35%0.75%-0.39% to 1.10%
Saturday-0.34%0.70%-1.04% to 0.36%