XMAX (XMX)

Current price: $ 0.000702

24 hours price change: - (-)

Daily analysis of XMAX (XMX) - all

The performance of XMAX regarding the price differs every day. To make the best decision to buy XMAX, we are analysis in this article the performance of XMAX on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on September 16th, 2018 to August 8th, 2020.

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

Average daily change in price of XMAX per weekday between 09/16/2018 and 08/08/2020.

According to the performance of XMAX between September 16th, 2018 and August 8th, 2020, XMAX performed the best on Wednesdays. On average, the price of XMAX increased 2.33% on Wednesday.

The weekday on which the XMAX performed the worst, is Sunday. On Sundays, the XMAX declined in value on average by -0.68%.

XMAX weekday performance

On Sundays, the XMAX decreases in value on average with -0.68%. On most of the Sundays the XMAX decreases in value between -7.06% and 5.70%. The uncertainty (6.38%) is higher than the average decline percentage (-0.68%). Therefore, expected range of price changes of the XMAX on Sundays is large.

On an average Monday, the XMAX increased 0.35%. However, since the expected deviation is 4.26%, the XMAX will decline in value on a Monday quiet regularly. The expected price change of the XMAX on a Monday is between -3.92% and 4.61%.

Allthough the XMAX decreases in value with -0.47% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of XMAX on Tuesdays is 3.99%. This means that the expected change of the value of XMAX is between -4.46% and 3.52% on 68 out of 100 Tuesdays.

On an average Wednesday the XMAX shows an increase in value of 2.33%. However, the change of XMAX on most of the Wednesdays is between -15.26% and 19.92%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying XMAXs.

XMAX increased in value on an average Thursday only slightly. The average increase in value of the XMAX was 0.01%. Allthough the XMAX closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (6.04%). This means that on 68 percent of the Thursdays, the change in price of the XMAX is expected to be in the range of -6.03% and 6.05%.

On an average Friday the XMAX shows an increase in value of 2.16%. However, the change of XMAX on most of the Fridays is between -17.00% and 21.32%. Therefore it is hard to tell whether an average Friday is a good day to start buying XMAXs.

On an average Saturday the XMAX shows an increase in value of 1.65%. However, the change of XMAX on most of the Saturdays is between -6.55% and 9.86%. Therefore it is hard to tell whether an average Saturday is a good day to start buying XMAXs.

XMAX weekday performance details

Find below the details of the performance of XMAX 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 -0.68% 6.38% -7.06% to 5.70%
Monday 0.35% 4.26% -3.92% to 4.61%
Tuesday -0.47% 3.99% -4.46% to 3.52%
Wednesday 2.33% 17.59% -15.26% to 19.92%
Thursday 0.01% 6.04% -6.03% to 6.05%
Friday 2.16% 19.16% -17.00% to 21.32%
Saturday 1.65% 8.21% -6.55% to 9.86%
 

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