Cosmos (ATOM)

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Daily analysis of Cosmos (ATOM) - 1 month

The performance of Cosmos regarding the price differs every day. To make the best decision to buy Cosmos, we are analysis in this article the performance of Cosmos on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on April 24th, 2024 to May 17th, 2024.

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

Average daily change in price of Cosmos per weekday between 04/24/2024 and 05/17/2024.

According to the performance of Cosmos between April 24th, 2024 and May 17th, 2024, Cosmos performed the best on Tuesdays. On average, the price of Cosmos increased 1.13% on Tuesday.

The weekday on which the Cosmos performed the worst, is Sunday. On Sundays, the Cosmos declined in value on average by -0.77%.

Cosmos weekday performance

On Sundays, the Cosmos decreases in value on average with -0.77%. On most of the Sundays the Cosmos decreases in value between -1.86% and 0.33%. The uncertainty (1.09%) is higher than the average decline percentage (-0.77%). Therefore, expected range of price changes of the Cosmos on Sundays is large.

It is hard to tell whether the Cosmos will increase or decrease in value on an average Monday. The average change on a Monday for the Cosmos is -0.22%. However, the standard deviation on this weekday is 0.25%. This means that on most Mondays, the change in value of the Cosmos is between -0.47% and 0.03%.

On an average Tuesday the Cosmos shows an increase in value of 1.13%. However, the change of Cosmos on most of the Tuesdays is between -0.58% and 2.84%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Cosmoss.

The Cosmos will almost not change or only slightly increase in value on an average Wednesday. The average change of the Cosmos on Wednesdays is 0.06%. The standard deviation of the Cosmos is 0.03%, which means that in 68% of the Wednesdays, the range of the change of the Cosmos is 0.03% and 0.09%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.

It is hard to tell whether the Cosmos will increase or decrease in value on an average Thursday. The average change on a Thursday for the Cosmos is -0.02%. However, the standard deviation on this weekday is 0.05%. This means that on most Thursdays, the change in value of the Cosmos is between -0.07% and 0.04%.

It is hard to tell whether the Cosmos will increase or decrease in value on an average Friday. The average change on a Friday for the Cosmos is -0.05%. However, the standard deviation on this weekday is 0.15%. This means that on most Fridays, the change in value of the Cosmos is between -0.19% and 0.10%.

On an average Saturday, the Cosmos increased 0.42%. However, since the expected deviation is 0.53%, the Cosmos will decline in value on a Saturday quiet regularly. The expected price change of the Cosmos on a Saturday is between -0.12% and 0.95%.

Cosmos weekday performance details

Find below the details of the performance of Cosmos 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 -0.77% 1.09% -1.86% to 0.33%
Monday -0.22% 0.25% -0.47% to 0.03%
Tuesday 1.13% 1.71% -0.58% to 2.84%
Wednesday 0.06% 0.03% 0.03% to 0.09%
Thursday -0.02% 0.05% -0.07% to 0.04%
Friday -0.05% 0.15% -0.19% to 0.10%
Saturday 0.42% 0.53% -0.12% to 0.95%
 

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