Komodo (KMD)

Current price: $ 0.53

24 hours price change: $ -0.02 (-4.41%)

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, 2020 to September 23rd, 2020.

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 03/23/2020 and 09/23/2020.

According to the performance of Komodo between March 23rd, 2020 and September 23rd, 2020, Komodo performed the best on Wednesdays. On average, the price of Komodo increased 1.15% on Wednesday.

The weekday on which the Komodo performed the worst, is Saturday. On Saturdays, the Komodo declined in value on average by -0.21%.

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 -0.08%. However, the standard deviation on this weekday is 0.39%. This means that on most Sundays, the change in value of the Komodo is between -0.47% and 0.30%.

Komodo increased in value on an average Monday only slightly. The average increase in value of the Komodo was 0.25%. 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 (1.92%). This means that on 68 percent of the Mondays, the change in price of the Komodo is expected to be in the range of -1.67% and 2.16%.

Komodo increased in value on an average Tuesday only slightly. The average increase in value of the Komodo was 0.17%. 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 (0.92%). This means that on 68 percent of the Tuesdays, the change in price of the Komodo is expected to be in the range of -0.75% and 1.09%.

On an average Wednesday the Komodo shows an increase in value of 1.15%. However, the change of Komodo on most of the Wednesdays is between -5.74% and 8.05%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Komodos.

Komodo increased in value on an average Thursday only slightly. The average increase in value of the Komodo was 0.16%. 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 (0.62%). This means that on 68 percent of the Thursdays, the change in price of the Komodo is expected to be in the range of -0.45% and 0.78%.

Komodo increased in value on an average Friday 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 (1.30%). This means that on 68 percent of the Fridays, the change in price of the Komodo is expected to be in the range of -1.10% and 1.51%.

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 -0.21%. However, the standard deviation on this weekday is 0.87%. This means that on most Saturdays, the change in value of the Komodo is between -1.08% and 0.65%.

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 -0.08% 0.39% -0.47% to 0.30%
Monday 0.25% 1.92% -1.67% to 2.16%
Tuesday 0.17% 0.92% -0.75% to 1.09%
Wednesday 1.15% 6.90% -5.74% to 8.05%
Thursday 0.16% 0.62% -0.45% to 0.78%
Friday 0.20% 1.30% -1.10% to 1.51%
Saturday -0.21% 0.87% -1.08% to 0.65%
 

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