Komodo (KMD)

Current price: $ 1.11

24 hours price change: $ 0.03 (2.49%)

Daily analysis of Komodo (KMD) - 6 months

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 6 months, starting on April 22nd, 2021 to October 22nd, 2021.

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 04/22/2021 and 10/22/2021.

According to the performance of Komodo between April 22nd, 2021 and October 22nd, 2021, Komodo performed the best on Thursdays. On average, the price of Komodo increased 0.74% on Thursday.

The weekday on which the Komodo performed the worst, is Saturday. On Saturdays, the Komodo declined in value on average by -0.69%.

Komodo weekday performance

Komodo increased in value on an average Sunday only slightly. The average increase in value of the Komodo was 0.19%. 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 (1.54%). This means that on 68 percent of the Sundays, the change in price of the Komodo is expected to be in the range of -1.35% and 1.73%.

Historical performance on Monday 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 Monday with 0.69%. However, the uncertainty of this increase is high. The expected change in value of the Komodo on a Monday is between -2.33% and 3.72% (see also the table below).

On an average Tuesday, the Komodo increased 0.48%. However, since the expected deviation is 3.10%, the Komodo will decline in value on a Tuesday quiet regularly. The expected price change of the Komodo on a Tuesday is between -2.62% and 3.58%.

Komodo increased in value on an average Wednesday only slightly. The average increase in value of the Komodo was 0.29%. 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 (2.13%). This means that on 68 percent of the Wednesdays, the change in price of the Komodo is expected to be in the range of -1.84% and 2.41%.

Historical performance on Thursday 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 Thursday with 0.74%. However, the uncertainty of this increase is high. The expected change in value of the Komodo on a Thursday is between -2.19% and 3.67% (see also the table below).

Allthough the Komodo decreases in value with -0.53% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Komodo on Fridays is 3.33%. This means that the expected change of the value of Komodo is between -3.85% and 2.80% on 68 out of 100 Fridays.

On Saturdays, the Komodo decreases in value on average with -0.69%. On most of the Saturdays the Komodo decreases in value between -2.38% and 1.01%. The uncertainty (1.70%) is higher than the average decline percentage (-0.69%). Therefore, expected range of price changes of the Komodo on Saturdays is large.

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 0.19% 1.54% -1.35% to 1.73%
Monday 0.69% 3.03% -2.33% to 3.72%
Tuesday 0.48% 3.10% -2.62% to 3.58%
Wednesday 0.29% 2.13% -1.84% to 2.41%
Thursday 0.74% 2.93% -2.19% to 3.67%
Friday -0.53% 3.33% -3.85% to 2.80%
Saturday -0.69% 1.70% -2.38% to 1.01%
 

About Us

We use cookies on our website. Some of them are essential for the operation of the site, while others help us to improve this site and the user experience (tracking cookies). You can decide for yourself whether you want to allow cookies or not. Please note that if you reject them, you may not be able to use all the functionalities of the site.