Maker (MKR)

Current price: $ 1,775.04

24 hours price change: $ 40.45 (2.33%)

Daily analysis of Maker (MKR) - 1 month

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 1 month, starting on December 28th, 2021 to January 28th, 2022.

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 12/28/2021 and 01/28/2022.

According to the performance of Maker between December 28th, 2021 and January 28th, 2022, Maker performed the best on Saturdays. On average, the price of Maker increased 2.23% on Saturday.

The weekday on which the Maker performed the worst, is Monday. On Mondays, the Maker declined in value on average by -0.73%.

Maker weekday performance

On an average Sunday, the Maker increased 0.37%. However, since the expected deviation is 1.08%, the Maker will decline in value on a Sunday quiet regularly. The expected price change of the Maker on a Sunday is between -0.71% and 1.44%.

On Mondays, the Maker decreases in value on average with -0.73%. On most of the Mondays the Maker decreases in value between -1.11% and -0.34%. The uncertainty (0.38%) is higher than the average decline percentage (-0.73%). Therefore, expected range of price changes of the Maker on Mondays is large.

It is hard to tell whether the Maker will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Maker is -0.13%. However, the standard deviation on this weekday is 1.01%. This means that on most Tuesdays, the change in value of the Maker is between -1.14% and 0.87%.

Maker increased in value on an average Wednesday only slightly. The average increase in value of the Maker was 0.03%. Allthough the Maker closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.97%). This means that on 68 percent of the Wednesdays, the change in price of the Maker is expected to be in the range of -0.95% and 1.00%.

Maker increased in value on an average Thursday only slightly. The average increase in value of the Maker was 0.02%. Allthough the Maker closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.32%). This means that on 68 percent of the Thursdays, the change in price of the Maker is expected to be in the range of -0.29% and 0.34%.

Allthough the Maker decreases in value with -0.46% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Maker on Fridays is 1.22%. This means that the expected change of the value of Maker is between -1.68% and 0.75% on 68 out of 100 Fridays.

On an average Saturday the Maker shows an increase in value of 2.23%. However, the change of Maker on most of the Saturdays is between -0.55% and 5.02%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Makers.

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.

Weekday Average change (%) Standard deviation (%) 68% range
Sunday 0.37% 1.08% -0.71% to 1.44%
Monday -0.73% 0.38% -1.11% to -0.34%
Tuesday -0.13% 1.01% -1.14% to 0.87%
Wednesday 0.03% 0.97% -0.95% to 1.00%
Thursday 0.02% 0.32% -0.29% to 0.34%
Friday -0.46% 1.22% -1.68% to 0.75%
Saturday 2.23% 2.79% -0.55% to 5.02%
 

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