Komodo (KMD)

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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 May 28th, 2022 to June 28th, 2022.

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 05/28/2022 and 06/28/2022.

According to the performance of Komodo between May 28th, 2022 and June 28th, 2022, Komodo performed the best on Thursdays. On average, the price of Komodo increased 0.14% on Thursday.

The weekday on which the Komodo performed the worst, is Tuesday. On Tuesdays, the Komodo declined in value on average by -0.12%.

Komodo weekday performance

Komodo increased in value on an average Sunday only slightly. The average increase in value of the Komodo was 0.02%. Allthough the Komodo closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.02%). This means that on 68 percent of the Sundays, the change in price of the Komodo is expected to be in the range of 0.00% and 0.04%.

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 -0.03%. However, the standard deviation on this weekday is 0.05%. This means that on most Mondays, the change in value of the Komodo is between -0.07% and 0.02%.

It is hard to tell whether the Komodo will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Komodo is -0.12%. However, the standard deviation on this weekday is 0.09%. This means that on most Tuesdays, the change in value of the Komodo is between -0.21% and -0.04%.

It is hard to tell whether the Komodo will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Komodo is -0.12%. However, the standard deviation on this weekday is 0.08%. This means that on most Wednesdays, the change in value of the Komodo is between -0.20% and -0.04%.

The Komodo will almost not change or only slightly increase in value on an average Thursday. The average change of the Komodo on Thursdays is 0.14%. The standard deviation of the Komodo is 0.14%, which means that in 68% of the Thursdays, the range of the change of the Komodo is 0.00% and 0.28%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.

Komodo increased in value on an average Friday only slightly. The average increase in value of the Komodo was 0.07%. Allthough the Komodo closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.11%). This means that on 68 percent of the Fridays, the change in price of the Komodo is expected to be in the range of -0.05% and 0.18%.

Komodo increased in value on an average Saturday only slightly. The average increase in value of the Komodo was 0.06%. Allthough the Komodo closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.12%). This means that on 68 percent of the Saturdays, the change in price of the Komodo is expected to be in the range of -0.06% and 0.18%.

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 0.02% 0.02% 0.00% to 0.04%
Monday -0.03% 0.05% -0.07% to 0.02%
Tuesday -0.12% 0.09% -0.21% to -0.04%
Wednesday -0.12% 0.08% -0.20% to -0.04%
Thursday 0.14% 0.14% 0.00% to 0.28%
Friday 0.07% 0.11% -0.05% to 0.18%
Saturday 0.06% 0.12% -0.06% to 0.18%
 

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