Maker (MKR)

Current price: $ 497.79

24 hours price change: $ -28.32 (-5.38%)

Daily analysis of Maker (MKR) - all

The performance of Maker regarding the price differs every day. To make the best decision to buy Maker, we are analysis in this article the performance of Maker on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on November 10th, 2017 to July 15th, 2019.

In the barchart below, the weekdays and average performance of Maker are shown side by side.

Average daily change in price of Maker per weekday between 11/10/2017 and 07/15/2019.

According to the performance of Maker between November 10th, 2017 and July 15th, 2019, Maker performed the best on Saturdays. On average, the price of Maker increased 4.55% on Saturday.

The weekday on which the Maker performed the worst, is Tuesday. On Tuesdays, the Maker declined in value on average by -0.79%.

Maker weekday performance

On an average Sunday, the Maker increased 0.33%. However, since the expected deviation is 4.64%, the Maker will decline in value on a Sunday quiet regularly. The expected price change of the Maker on a Sunday is between -4.31% and 4.97%.

On Mondays, the Maker decreases in value on average with -0.70%. On most of the Mondays the Maker decreases in value between -7.53% and 6.14%. The uncertainty (6.83%) is higher than the average decline percentage (-0.70%). Therefore, expected range of price changes of the Maker on Mondays is large.

On Tuesdays, the Maker decreases in value on average with -0.79%. On most of the Tuesdays the Maker decreases in value between -12.95% and 11.36%. The uncertainty (12.15%) is higher than the average decline percentage (-0.79%). Therefore, expected range of price changes of the Maker on Tuesdays is large.

It is hard to tell whether the Maker will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Maker is -0.10%. However, the standard deviation on this weekday is 7.39%. This means that on most Wednesdays, the change in value of the Maker is between -7.49% and 7.28%.

Allthough the Maker decreases in value with -0.41% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Maker on Thursdays is 5.35%. This means that the expected change of the value of Maker is between -5.76% and 4.95% on 68 out of 100 Thursdays.

On Fridays, the Maker decreases in value on average with -0.78%. On most of the Fridays the Maker decreases in value between -13.03% and 11.48%. The uncertainty (12.26%) is higher than the average decline percentage (-0.78%). Therefore, expected range of price changes of the Maker on Fridays is large.

The increase in value of the Maker is 4.55% on an average Saturday. However, the uncertainty on the average change is high for the Maker on Saturdays. This is the reason why an expected increase of the Maker on an average Saturday cannot be predicted. The standard deviation for Maker on Saturdays is high, namely 35.36%. This means that the expected range of value change for the Maker is -30.81% and 39.91% on 68% of the Saturdays.

Maker weekday performance details

Find below the details of the performance of Maker 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.

WeekdayAverage change (%)Standard deviation (%)68% range
Sunday0.33%4.64%-4.31% to 4.97%
Monday-0.70%6.83%-7.53% to 6.14%
Tuesday-0.79%12.15%-12.95% to 11.36%
Wednesday-0.10%7.39%-7.49% to 7.28%
Thursday-0.41%5.35%-5.76% to 4.95%
Friday-0.78%12.26%-13.03% to 11.48%
Saturday4.55%35.36%-30.81% to 39.91%