XMAX (XMX)

Current price: $ 0.002521

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 September 21st, 2019.

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 09/21/2019.

According to the performance of XMAX between September 16th, 2018 and September 21st, 2019, XMAX performed the best on Fridays. On average, the price of XMAX increased 4.01% on Friday.

The weekday on which the XMAX performed the worst, is Sunday. On Sundays, the XMAX declined in value on average by -1.26%.

XMAX weekday performance

The XMAX declines in value on an average Sunday with -1.26%. However, the uncertainty (or standard deviation) is quite large, namely 8.60%. This means that it is not possible to say whether on a regular Sunday the XMAX will increase or decrease in value.

XMAX increased in value on an average Monday only slightly. The average increase in value of the XMAX was 0.27%. 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 (5.46%). This means that on 68 percent of the Mondays, the change in price of the XMAX is expected to be in the range of -5.19% and 5.73%.

Allthough the XMAX decreases in value with -0.42% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of XMAX on Tuesdays is 5.26%. This means that the expected change of the value of XMAX is between -5.69% and 4.84% on 68 out of 100 Tuesdays.

The increase in value of the XMAX is 3.93% on an average Wednesday. However, the uncertainty on the average change is high for the XMAX on Wednesdays. This is the reason why an expected increase of the XMAX on an average Wednesday cannot be predicted. The standard deviation for XMAX on Wednesdays is high, namely 23.86%. This means that the expected range of value change for the XMAX is -19.93% and 27.80% on 68% of the Wednesdays.

On Thursdays, the XMAX decreases in value on average with -0.93%. On most of the Thursdays the XMAX decreases in value between -8.49% and 6.63%. The uncertainty (7.56%) is higher than the average decline percentage (-0.93%). Therefore, expected range of price changes of the XMAX on Thursdays is large.

The increase in value of the XMAX is 4.01% on an average Friday. However, the uncertainty on the average change is high for the XMAX on Fridays. This is the reason why an expected increase of the XMAX on an average Friday cannot be predicted. The standard deviation for XMAX on Fridays is high, namely 26.00%. This means that the expected range of value change for the XMAX is -21.99% and 30.01% on 68% of the Fridays.

The increase in value of the XMAX is 3.02% on an average Saturday. However, the uncertainty on the average change is high for the XMAX on Saturdays. This is the reason why an expected increase of the XMAX on an average Saturday cannot be predicted. The standard deviation for XMAX on Saturdays is high, namely 11.01%. This means that the expected range of value change for the XMAX is -7.99% and 14.03% on 68% of the Saturdays.

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 -1.26% 8.60% -9.87% to 7.34%
Monday 0.27% 5.46% -5.19% to 5.73%
Tuesday -0.42% 5.26% -5.69% to 4.84%
Wednesday 3.93% 23.86% -19.93% to 27.80%
Thursday -0.93% 7.56% -8.49% to 6.63%
Friday 4.01% 26.00% -21.99% to 30.01%
Saturday 3.02% 11.01% -7.99% to 14.03%