XMAX (XMX)

Current price: $ 0.001003

24 hours price change: $ 0.000072 (7.69%)

Daily analysis of XMAX (XMX) - 6 months

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 6 months, starting on June 15th, 2019 to December 14th, 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 06/15/2019 and 12/14/2019.

According to the performance of XMAX between June 15th, 2019 and December 14th, 2019, XMAX performed the best on Wednesdays. On average, the price of XMAX increased 7.89% on Wednesday.

The weekday on which the XMAX performed the worst, is Thursday. On Thursdays, the XMAX declined in value on average by -0.53%.

XMAX weekday performance

It is hard to tell whether the XMAX will increase or decrease in value on an average Sunday. The average change on a Sunday for the XMAX is -0.24%. However, the standard deviation on this weekday is 5.69%. This means that on most Sundays, the change in value of the XMAX is between -5.93% and 5.45%.

Historical performance on Monday do not show an increase in value of the XMAX on which a prediction can be made. The XMAX increased in value on average on an average Monday with 0.71%. However, the uncertainty of this increase is high. The expected change in value of the XMAX on a Monday is between -3.01% and 4.43% (see also the table below).

On an average Tuesday, the XMAX increased 0.39%. However, since the expected deviation is 3.86%, the XMAX will decline in value on a Tuesday quiet regularly. The expected price change of the XMAX on a Tuesday is between -3.46% and 4.25%.

The increase in value of the XMAX is 7.89% 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 32.46%. This means that the expected range of value change for the XMAX is -24.57% and 40.35% on 68% of the Wednesdays.

Allthough the XMAX decreases in value with -0.53% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of XMAX on Thursdays is 9.05%. This means that the expected change of the value of XMAX is between -9.58% and 8.52% on 68 out of 100 Thursdays.

The increase in value of the XMAX is 6.18% 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 35.92%. This means that the expected range of value change for the XMAX is -29.73% and 42.10% on 68% of the Fridays.

The increase in value of the XMAX is 3.12% 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 8.83%. This means that the expected range of value change for the XMAX is -5.71% and 11.95% 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 -0.24% 5.69% -5.93% to 5.45%
Monday 0.71% 3.72% -3.01% to 4.43%
Tuesday 0.39% 3.86% -3.46% to 4.25%
Wednesday 7.89% 32.46% -24.57% to 40.35%
Thursday -0.53% 9.05% -9.58% to 8.52%
Friday 6.18% 35.92% -29.73% to 42.10%
Saturday 3.12% 8.83% -5.71% to 11.95%