Maker (MKR)

Current price: $ 2,362.63

24 hours price change: $ 170.07 (7.76%)

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 May 19th, 2024 to June 19th, 2024.

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 05/19/2024 and 06/19/2024.

According to the performance of Maker between May 19th, 2024 and June 19th, 2024, Maker performed the best on Mondays. On average, the price of Maker increased 2.33% on Monday.

The weekday on which the Maker performed the worst, is Wednesday. On Wednesdays, the Maker declined in value on average by -1.01%.

Maker weekday performance

It is hard to tell whether the Maker will increase or decrease in value on an average Sunday. The average change on a Sunday for the Maker is -0.12%. However, the standard deviation on this weekday is 0.93%. This means that on most Sundays, the change in value of the Maker is between -1.05% and 0.82%.

On an average Monday the Maker shows an increase in value of 2.33%. However, the change of Maker on most of the Mondays is between -3.64% and 8.30%. Therefore it is hard to tell whether an average Monday is a good day to start buying Makers.

On Tuesdays, the Maker decreases in value on average with -1.00%. On most of the Tuesdays the Maker decreases in value between -2.34% and 0.35%. The uncertainty (1.34%) is higher than the average decline percentage (-1.00%). Therefore, expected range of price changes of the Maker on Tuesdays is large.

The Maker declines in value on an average Wednesday with -1.01%. However, the uncertainty (or standard deviation) is quite large, namely 1.55%. This means that it is not possible to say whether on a regular Wednesday the Maker will increase or decrease in value.

On Thursdays, the Maker decreases in value on average with -0.73%. On most of the Thursdays the Maker decreases in value between -2.36% and 0.90%. The uncertainty (1.63%) is higher than the average decline percentage (-0.73%). Therefore, expected range of price changes of the Maker on Thursdays is large.

On Fridays, the Maker decreases in value on average with -0.74%. On most of the Fridays the Maker decreases in value between -2.09% and 0.60%. The uncertainty (1.34%) is higher than the average decline percentage (-0.74%). Therefore, expected range of price changes of the Maker on Fridays is large.

On an average Saturday, the Maker increased 0.45%. However, since the expected deviation is 0.75%, the Maker will decline in value on a Saturday quiet regularly. The expected price change of the Maker on a Saturday is between -0.30% and 1.20%.

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 -0.12% 0.93% -1.05% to 0.82%
Monday 2.33% 5.97% -3.64% to 8.30%
Tuesday -1.00% 1.34% -2.34% to 0.35%
Wednesday -1.01% 1.55% -2.56% to 0.53%
Thursday -0.73% 1.63% -2.36% to 0.90%
Friday -0.74% 1.34% -2.09% to 0.60%
Saturday 0.45% 0.75% -0.30% to 1.20%
 

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