VIDY (VIDY)

Current price: $ 0.001832

24 hours price change: $ -0.000159 (-8.00%)

Daily analysis of VIDY (VIDY) - all

The performance of VIDY regarding the price differs every day. To make the best decision to buy VIDY, we are analysis in this article the performance of VIDY on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on September 19th, 2019 to October 15th, 2019.

In the barchart below, the weekdays and average performance of VIDY are shown side by side.

Average daily change in price of VIDY per weekday between 09/19/2019 and 10/15/2019.

According to the performance of VIDY between September 19th, 2019 and October 15th, 2019, VIDY performed the best on Sundays. On average, the price of VIDY increased 7.19% on Sunday.

The weekday on which the VIDY performed the worst, is Monday. On Mondays, the VIDY declined in value on average by -5.61%.

VIDY weekday performance

The increase in value of the VIDY is 7.19% on an average Sunday. However, the uncertainty on the average change is high for the VIDY on Sundays. This is the reason why an expected increase of the VIDY on an average Sunday cannot be predicted. The standard deviation for VIDY on Sundays is high, namely 14.92%. This means that the expected range of value change for the VIDY is -7.73% and 22.11% on 68% of the Sundays.

The decrease in value of the VIDY is -5.61% on an average Monday. The uncertainty of the average change is high for the VIDY on Mondays. This means that it is hard to tell whether the VIDY will decrease or increase in value on an average Monday. If we look at the 68% range of the VIDY, we see that on 68% of the Mondays, the expected change of the VIDY is between -14.27% and 3.06%.

It is hard to tell whether the VIDY will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the VIDY is -0.18%. However, the standard deviation on this weekday is 0.56%. This means that on most Tuesdays, the change in value of the VIDY is between -0.74% and 0.39%.

On Wednesdays, the average increase of the value of the VIDY is very high. The average increase is 3.71%. The standard deviation of the VIDY on Wednesdays is 1.73%. This means that on 68% of the Wednesdays, the VIDY increases between 1.97% and 5.44%. The uncertainty is therefore not very high, since on most Wednesdays, the value of the VIDY will increase.

On Thursdays, the VIDY decreases in value on average with -0.91%. On most of the Thursdays the VIDY decreases in value between -3.53% and 1.70%. The uncertainty (2.62%) is higher than the average decline percentage (-0.91%). Therefore, expected range of price changes of the VIDY on Thursdays is large.

On an average Friday the VIDY shows an increase in value of 1.82%. However, the change of VIDY on most of the Fridays is between -2.84% and 6.48%. Therefore it is hard to tell whether an average Friday is a good day to start buying VIDYs.

The decrease in value of the VIDY is -3.53% on an average Saturday. The uncertainty of the average change is high for the VIDY on Saturdays. This means that it is hard to tell whether the VIDY will decrease or increase in value on an average Saturday. If we look at the 68% range of the VIDY, we see that on 68% of the Saturdays, the expected change of the VIDY is between -7.87% and 0.80%.

VIDY weekday performance details

Find below the details of the performance of VIDY 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 7.19% 14.92% -7.73% to 22.11%
Monday -5.61% 8.66% -14.27% to 3.06%
Tuesday -0.18% 0.56% -0.74% to 0.39%
Wednesday 3.71% 1.73% 1.97% to 5.44%
Thursday -0.91% 2.62% -3.53% to 1.70%
Friday 1.82% 4.66% -2.84% to 6.48%
Saturday -3.53% 4.33% -7.87% to 0.80%