Komodo (KMD)

Current price: $ 0.68

24 hours price change: $ -0.02 (-2.39%)

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 August 22nd, 2019 to September 21st, 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 08/22/2019 and 09/21/2019.

According to the performance of Komodo between August 22nd, 2019 and September 21st, 2019, Komodo performed the best on Thursdays. On average, the price of Komodo increased 3.23% on Thursday.

The weekday on which the Komodo performed the worst, is Tuesday. On Tuesdays, the Komodo declined in value on average by -3.16%.

Komodo weekday performance

On an average Sunday the Komodo shows an increase in value of 1.02%. However, the change of Komodo on most of the Sundays is between -2.06% and 4.10%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Komodos.

The Komodo declines in value on an average Monday with -1.34%. However, the uncertainty (or standard deviation) is quite large, namely 4.08%. This means that it is not possible to say whether on a regular Monday the Komodo will increase or decrease in value.

The decrease in value of the Komodo is -3.16% on an average Tuesday. The uncertainty of the average change is high for the Komodo on Tuesdays. This means that it is hard to tell whether the Komodo will decrease or increase in value on an average Tuesday. If we look at the 68% range of the Komodo, we see that on 68% of the Tuesdays, the expected change of the Komodo is between -7.09% and 0.76%.

On Wednesdays, the Komodo decreases in value on average with -0.60%. On most of the Wednesdays the Komodo decreases in value between -1.73% and 0.52%. The uncertainty (1.13%) is higher than the average decline percentage (-0.60%). Therefore, expected range of price changes of the Komodo on Wednesdays is large.

The increase in value of the Komodo is 3.23% on an average Thursday. However, the uncertainty on the average change is high for the Komodo on Thursdays. This is the reason why an expected increase of the Komodo on an average Thursday cannot be predicted. The standard deviation for Komodo on Thursdays is high, namely 4.68%. This means that the expected range of value change for the Komodo is -1.45% and 7.92% on 68% of the Thursdays.

Historical performance on Friday 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 Friday with 0.61%. However, the uncertainty of this increase is high. The expected change in value of the Komodo on a Friday is between -2.71% and 3.93% (see also the table below).

The Komodo declines in value on an average Saturday with -1.98%. However, the uncertainty (or standard deviation) is quite large, namely 1.68%. This means that it is not possible to say whether on a regular Saturday the Komodo will increase or decrease in value.

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 1.02% 3.08% -2.06% to 4.10%
Monday -1.34% 4.08% -5.41% to 2.74%
Tuesday -3.16% 3.93% -7.09% to 0.76%
Wednesday -0.60% 1.13% -1.73% to 0.52%
Thursday 3.23% 4.68% -1.45% to 7.92%
Friday 0.61% 3.32% -2.71% to 3.93%
Saturday -1.98% 1.68% -3.66% to -0.30%