Maker (MKR)

Current price: $ 559.30

24 hours price change: $ -7.46 (-1.32%)

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 June 21st, 2019 to July 21st, 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 06/21/2019 and 07/21/2019.

According to the performance of Maker between June 21st, 2019 and July 21st, 2019, Maker performed the best on Tuesdays. On average, the price of Maker increased 0.42% on Tuesday.

The weekday on which the Maker performed the worst, is Monday. On Mondays, the Maker declined in value on average by -0.33%.

Maker weekday performance

On an average Sunday, the Maker increased 0.32%. However, since the expected deviation is 0.74%, the Maker will decline in value on a Sunday quiet regularly. The expected price change of the Maker on a Sunday is between -0.42% and 1.06%.

Allthough the Maker decreases in value with -0.33% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Maker on Mondays is 0.69%. This means that the expected change of the value of Maker is between -1.02% and 0.36% on 68 out of 100 Mondays.

On an average Tuesday, the Maker increased 0.42%. However, since the expected deviation is 0.56%, the Maker will decline in value on a Tuesday quiet regularly. The expected price change of the Maker on a Tuesday is between -0.14% and 0.98%.

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 -0.27%. However, the standard deviation on this weekday is 0.36%. This means that on most Wednesdays, the change in value of the Maker is between -0.62% and 0.09%.

On an average Thursday, the Maker increased 0.36%. However, since the expected deviation is 0.69%, the Maker will decline in value on a Thursday quiet regularly. The expected price change of the Maker on a Thursday is between -0.33% and 1.05%.

Maker increased in value on an average Friday only slightly. The average increase in value of the Maker was 0.01%. 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 (0.39%). This means that on 68 percent of the Fridays, the change in price of the Maker is expected to be in the range of -0.39% and 0.40%.

Allthough the Maker decreases in value with -0.32% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Maker on Saturdays is 1.15%. This means that the expected change of the value of Maker is between -1.47% and 0.83% on 68 out of 100 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
Sunday0.32%0.74%-0.42% to 1.06%
Monday-0.33%0.69%-1.02% to 0.36%
Tuesday0.42%0.56%-0.14% to 0.98%
Wednesday-0.27%0.36%-0.62% to 0.09%
Thursday0.36%0.69%-0.33% to 1.05%
Friday0.01%0.39%-0.39% to 0.40%
Saturday-0.32%1.15%-1.47% to 0.83%