Komodo (KMD)

Current price: $ 0.73

24 hours price change: $ 0.02 (3.04%)

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 January 29th, 2021 to July 29th, 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 01/29/2021 and 07/29/2021.

According to the performance of Komodo between January 29th, 2021 and July 29th, 2021, Komodo performed the best on Mondays. On average, the price of Komodo increased 2.07% on Monday.

The weekday on which the Komodo performed the worst, is Wednesday. On Wednesdays, the Komodo declined in value on average by -0.43%.

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 2.46%. This means that the expected change of the value of Komodo is between -2.77% and 2.14% on 68 out of 100 Sundays.

On an average Monday the Komodo shows an increase in value of 2.07%. However, the change of Komodo on most of the Mondays is between -2.65% and 6.78%. Therefore it is hard to tell whether an average Monday is a good day to start buying Komodos.

On an average Tuesday, the Komodo increased 0.41%. However, since the expected deviation is 4.19%, the Komodo will decline in value on a Tuesday quiet regularly. The expected price change of the Komodo on a Tuesday is between -3.78% and 4.61%.

Allthough the Komodo decreases in value with -0.43% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Komodo on Wednesdays is 2.53%. This means that the expected change of the value of Komodo is between -2.95% and 2.10% on 68 out of 100 Wednesdays.

On an average Thursday the Komodo shows an increase in value of 1.24%. However, the change of Komodo on most of the Thursdays is between -2.87% and 5.35%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Komodos.

On an average Friday, the Komodo increased 0.33%. However, since the expected deviation is 5.89%, the Komodo will decline in value on a Friday quiet regularly. The expected price change of the Komodo on a Friday is between -5.57% and 6.22%.

On an average Saturday, the Komodo increased 0.49%. However, since the expected deviation is 4.50%, the Komodo will decline in value on a Saturday quiet regularly. The expected price change of the Komodo on a Saturday is between -4.00% and 4.99%.

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% 2.46% -2.77% to 2.14%
Monday 2.07% 4.71% -2.65% to 6.78%
Tuesday 0.41% 4.19% -3.78% to 4.61%
Wednesday -0.43% 2.53% -2.95% to 2.10%
Thursday 1.24% 4.11% -2.87% to 5.35%
Friday 0.33% 5.89% -5.57% to 6.22%
Saturday 0.49% 4.50% -4.00% to 4.99%
 

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