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 6 months, starting on July 26th, 2021 to January 26th, 2022.
In the barchart below, the weekdays and average performance of VIDY are shown side by side.
According to the performance of VIDY between July 26th, 2021 and January 26th, 2022, VIDY performed the best on Saturdays. On average, the price of VIDY increased 1.63% on Saturday.
The weekday on which the VIDY performed the worst, is Friday. On Fridays, the VIDY declined in value on average by -0.82%.
VIDY weekday performance
VIDY increased in value on an average Sunday only slightly. The average increase in value of the VIDY was 0.15%. Allthough the VIDY closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.65%). This means that on 68 percent of the Sundays, the change in price of the VIDY is expected to be in the range of -1.49% and 1.80%.
It is hard to tell whether the VIDY will increase or decrease in value on an average Monday. The average change on a Monday for the VIDY is -0.13%. However, the standard deviation on this weekday is 2.25%. This means that on most Mondays, the change in value of the VIDY is between -2.38% and 2.11%.
Allthough the VIDY decreases in value with -0.35% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of VIDY on Tuesdays is 1.79%. This means that the expected change of the value of VIDY is between -2.14% and 1.43% on 68 out of 100 Tuesdays.
On an average Wednesday the VIDY shows an increase in value of 1.02%. However, the change of VIDY on most of the Wednesdays is between -1.82% and 3.86%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying VIDYs.
VIDY increased in value on an average Thursday only slightly. The average increase in value of the VIDY was 0.28%. Allthough the VIDY closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.83%). This means that on 68 percent of the Thursdays, the change in price of the VIDY is expected to be in the range of -1.56% and 2.11%.
On Fridays, the VIDY decreases in value on average with -0.82%. On most of the Fridays the VIDY decreases in value between -2.99% and 1.35%. The uncertainty (2.17%) is higher than the average decline percentage (-0.82%). Therefore, expected range of price changes of the VIDY on Fridays is large.
On an average Saturday the VIDY shows an increase in value of 1.63%. However, the change of VIDY on most of the Saturdays is between -2.00% and 5.26%. Therefore it is hard to tell whether an average Saturday is a good day to start buying VIDYs.
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||0.15%||1.65%||-1.49% to 1.80%|
|Monday||-0.13%||2.25%||-2.38% to 2.11%|
|Tuesday||-0.35%||1.79%||-2.14% to 1.43%|
|Wednesday||1.02%||2.84%||-1.82% to 3.86%|
|Thursday||0.28%||1.83%||-1.56% to 2.11%|
|Friday||-0.82%||2.17%||-2.99% to 1.35%|
|Saturday||1.63%||3.63%||-2.00% to 5.26%|