Komodo (KMD)

Current price: $ 0.24

24 hours price change: $ 0.003721 (1.54%)

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 November 26th, 2021 to May 26th, 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 11/26/2021 and 05/26/2022.

According to the performance of Komodo between November 26th, 2021 and May 26th, 2022, Komodo performed the best on Wednesdays. On average, the price of Komodo increased 0.20% on Wednesday.

The weekday on which the Komodo performed the worst, is Friday. On Fridays, the Komodo declined in value on average by -0.65%.

Komodo weekday performance

It is hard to tell whether the Komodo will increase or decrease in value on an average Sunday. The average change on a Sunday for the Komodo is -0.06%. However, the standard deviation on this weekday is 1.18%. This means that on most Sundays, the change in value of the Komodo is between -1.24% and 1.13%.

Allthough the Komodo decreases in value with -0.45% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Komodo on Mondays is 1.11%. This means that the expected change of the value of Komodo is between -1.57% and 0.66% on 68 out of 100 Mondays.

Allthough the Komodo decreases in value with -0.35% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Komodo on Tuesdays is 1.29%. This means that the expected change of the value of Komodo is between -1.63% and 0.94% on 68 out of 100 Tuesdays.

Komodo increased in value on an average Wednesday only slightly. The average increase in value of the Komodo was 0.20%. 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 (0.78%). This means that on 68 percent of the Wednesdays, the change in price of the Komodo is expected to be in the range of -0.58% and 0.98%.

Komodo increased in value on an average Thursday only slightly. The average increase in value of the Komodo was 0.01%. 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 (1.15%). This means that on 68 percent of the Thursdays, the change in price of the Komodo is expected to be in the range of -1.14% and 1.15%.

On Fridays, the Komodo decreases in value on average with -0.65%. On most of the Fridays the Komodo decreases in value between -2.19% and 0.89%. The uncertainty (1.54%) is higher than the average decline percentage (-0.65%). Therefore, expected range of price changes of the Komodo on Fridays is large.

It is hard to tell whether the Komodo will increase or decrease in value on an average Saturday. The average change on a Saturday for the Komodo is -0.09%. However, the standard deviation on this weekday is 2.09%. This means that on most Saturdays, the change in value of the Komodo is between -2.18% and 2.00%.

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 -0.06% 1.18% -1.24% to 1.13%
Monday -0.45% 1.11% -1.57% to 0.66%
Tuesday -0.35% 1.29% -1.63% to 0.94%
Wednesday 0.20% 0.78% -0.58% to 0.98%
Thursday 0.01% 1.15% -1.14% to 1.15%
Friday -0.65% 1.54% -2.19% to 0.89%
Saturday -0.09% 2.09% -2.18% to 2.00%
 

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