XMAX (XMX)

Current price: $ 0.002041

24 hours price change: $ -0.000292 (-12.50%)

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 March 24th, 2019 to September 23rd, 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 03/24/2019 and 09/23/2019.

According to the performance of XMAX between March 24th, 2019 and September 23rd, 2019, XMAX performed the best on Fridays. On average, the price of XMAX increased 8.17% on Friday.

The weekday on which the XMAX performed the worst, is Sunday. On Sundays, the XMAX declined in value on average by -1.83%.

XMAX weekday performance

The XMAX declines in value on an average Sunday with -1.83%. However, the uncertainty (or standard deviation) is quite large, namely 7.35%. This means that it is not possible to say whether on a regular Sunday the XMAX will increase or decrease in value.

On an average Monday, the XMAX increased 0.54%. However, since the expected deviation is 7.64%, the XMAX will decline in value on a Monday quiet regularly. The expected price change of the XMAX on a Monday is between -7.10% and 8.17%.

It is hard to tell whether the XMAX will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the XMAX is -0.10%. However, the standard deviation on this weekday is 6.43%. This means that on most Tuesdays, the change in value of the XMAX is between -6.53% and 6.34%.

The increase in value of the XMAX is 7.06% 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 33.45%. This means that the expected range of value change for the XMAX is -26.39% and 40.50% on 68% of the Wednesdays.

The XMAX declines in value on an average Thursday with -1.12%. However, the uncertainty (or standard deviation) is quite large, namely 10.08%. This means that it is not possible to say whether on a regular Thursday the XMAX will increase or decrease in value.

The increase in value of the XMAX is 8.17% 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 36.66%. This means that the expected range of value change for the XMAX is -28.49% and 44.83% on 68% of the Fridays.

The increase in value of the XMAX is 4.56% 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 14.49%. This means that the expected range of value change for the XMAX is -9.94% and 19.05% 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 -1.83% 7.35% -9.17% to 5.52%
Monday 0.54% 7.64% -7.10% to 8.17%
Tuesday -0.10% 6.43% -6.53% to 6.34%
Wednesday 7.06% 33.45% -26.39% to 40.50%
Thursday -1.12% 10.08% -11.20% to 8.96%
Friday 8.17% 36.66% -28.49% to 44.83%
Saturday 4.56% 14.49% -9.94% to 19.05%