Komodo (KMD)

Current price: $ 0.67

24 hours price change: $ 0.007959 (1.20%)

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 March 23rd, 2019 to September 22nd, 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 03/23/2019 and 09/22/2019.

According to the performance of Komodo between March 23rd, 2019 and September 22nd, 2019, Komodo performed the best on Thursdays. On average, the price of Komodo increased 3.16% on Thursday.

The weekday on which the Komodo performed the worst, is Tuesday. On Tuesdays, the Komodo declined in value on average by -1.25%.

Komodo weekday performance

Allthough the Komodo decreases in value with -0.31% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Komodo on Sundays is 4.21%. This means that the expected change of the value of Komodo is between -4.52% and 3.90% on 68 out of 100 Sundays.

On Mondays, the Komodo decreases in value on average with -0.65%. On most of the Mondays the Komodo decreases in value between -5.32% and 4.01%. The uncertainty (4.67%) is higher than the average decline percentage (-0.65%). Therefore, expected range of price changes of the Komodo on Mondays is large.

The Komodo declines in value on an average Tuesday with -1.25%. However, the uncertainty (or standard deviation) is quite large, namely 5.95%. This means that it is not possible to say whether on a regular Tuesday the Komodo will increase or decrease in value.

Allthough the Komodo decreases in value with -0.58% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Komodo on Wednesdays is 5.26%. This means that the expected change of the value of Komodo is between -5.83% and 4.68% on 68 out of 100 Wednesdays.

The increase in value of the Komodo is 3.16% 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 5.79%. This means that the expected range of value change for the Komodo is -2.63% and 8.95% on 68% of the Thursdays.

On Fridays, the Komodo decreases in value on average with -0.68%. On most of the Fridays the Komodo decreases in value between -4.21% and 2.84%. The uncertainty (3.53%) is higher than the average decline percentage (-0.68%). Therefore, expected range of price changes of the Komodo on Fridays is large.

Allthough the Komodo decreases in value with -0.31% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Komodo on Saturdays is 3.98%. This means that the expected change of the value of Komodo is between -4.29% and 3.66% on 68 out of 100 Saturdays.

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 -0.31% 4.21% -4.52% to 3.90%
Monday -0.65% 4.67% -5.32% to 4.01%
Tuesday -1.25% 5.95% -7.20% to 4.70%
Wednesday -0.58% 5.26% -5.83% to 4.68%
Thursday 3.16% 5.79% -2.63% to 8.95%
Friday -0.68% 3.53% -4.21% to 2.84%
Saturday -0.31% 3.98% -4.29% to 3.66%