Komodo (KMD)

Current price: $ 0.92

24 hours price change: $ 0.06 (6.82%)

Daily analysis of Komodo (KMD) - 1 month

The performance of Komodo regarding the price differs every day. To make the best decision to buy Komodo, we are analysis in this article the performance of Komodo on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on October 15th, 2019 to November 14th, 2019.

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

Average daily change in price of Komodo per weekday between 10/15/2019 and 11/14/2019.

According to the performance of Komodo between October 15th, 2019 and November 14th, 2019, Komodo performed the best on Saturdays. On average, the price of Komodo increased 5.10% on Saturday.

The weekday on which the Komodo performed the worst, is Tuesday. On Tuesdays, the Komodo declined in value on average by -1.23%.

Komodo weekday performance

Historical performance on Sunday do not show an increase in value of the Komodo on which a prediction can be made. The Komodo increased in value on average on an average Sunday with 0.73%. However, the uncertainty of this increase is high. The expected change in value of the Komodo on a Sunday is between -0.17% and 1.63% (see also the table below).

It is hard to tell whether the Komodo will increase or decrease in value on an average Monday. The average change on a Monday for the Komodo is -0.17%. However, the standard deviation on this weekday is 1.54%. This means that on most Mondays, the change in value of the Komodo is between -1.70% and 1.37%.

The Komodo declines in value on an average Tuesday with -1.23%. However, the uncertainty (or standard deviation) is quite large, namely 5.24%. This means that it is not possible to say whether on a regular Tuesday the Komodo will increase or decrease in value.

On an average Wednesday, the Komodo increased 0.33%. However, since the expected deviation is 0.90%, the Komodo will decline in value on a Wednesday quiet regularly. The expected price change of the Komodo on a Wednesday is between -0.57% and 1.23%.

On an average Thursday the Komodo shows an increase in value of 1.54%. However, the change of Komodo on most of the Thursdays is between -1.21% and 4.30%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Komodos.

It is hard to tell whether the Komodo will increase or decrease in value on an average Friday. The average change on a Friday for the Komodo is -0.05%. However, the standard deviation on this weekday is 1.44%. This means that on most Fridays, the change in value of the Komodo is between -1.48% and 1.39%.

On Saturdays, the average increase of the value of the Komodo is very high. The average increase is 5.10%. The standard deviation of the Komodo on Saturdays is 3.38%. This means that on 68% of the Saturdays, the Komodo increases between 1.71% and 8.48%. The uncertainty is therefore not very high, since on most Saturdays, the value of the Komodo will increase.

Komodo weekday performance details

Find below the details of the performance of Komodo 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 0.73% 0.90% -0.17% to 1.63%
Monday -0.17% 1.54% -1.70% to 1.37%
Tuesday -1.23% 5.24% -6.46% to 4.01%
Wednesday 0.33% 0.90% -0.57% to 1.23%
Thursday 1.54% 2.75% -1.21% to 4.30%
Friday -0.05% 1.44% -1.48% to 1.39%
Saturday 5.10% 3.38% 1.71% to 8.48%