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 17th, 2020 to January 16th, 2021.
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 12/17/2020 and 01/16/2021.
According to the performance of Maker between December 17th, 2020 and January 16th, 2021, Maker performed the best on Saturdays. On average, the price of Maker increased 1.35% on Saturday.
The weekday on which the Maker performed the worst, is Tuesday. On Tuesdays, the Maker declined in value on average by -1.85%.
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 -0.24%. However, the standard deviation on this weekday is 2.28%. This means that on most Sundays, the change in value of the Maker is between -2.52% and 2.04%.
It is hard to tell whether the Maker will increase or decrease in value on an average Monday. The average change on a Monday for the Maker is -0.19%. However, the standard deviation on this weekday is 2.20%. This means that on most Mondays, the change in value of the Maker is between -2.38% and 2.01%.
The Maker declines in value on an average Tuesday with -1.85%. However, the uncertainty (or standard deviation) is quite large, namely 3.01%. This means that it is not possible to say whether on a regular Tuesday the Maker will increase or decrease in value.
Historical performance on Wednesday do not show an increase in value of the Maker on which a prediction can be made. The Maker increased in value on average on an average Wednesday with 0.74%. However, the uncertainty of this increase is high. The expected change in value of the Maker on a Wednesday is between -1.33% and 2.80% (see also the table below).
Maker increased in value on an average Thursday only slightly. The average increase in value of the Maker was 0.28%. 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 (1.01%). This means that on 68 percent of the Thursdays, the change in price of the Maker is expected to be in the range of -0.73% and 1.29%.
Historical performance on Friday do not show an increase in value of the Maker on which a prediction can be made. The Maker increased in value on average on an average Friday with 0.61%. However, the uncertainty of this increase is high. The expected change in value of the Maker on a Friday is between -0.75% and 1.97% (see also the table below).
On an average Saturday the Maker shows an increase in value of 1.35%. However, the change of Maker on most of the Saturdays is between -0.88% and 3.58%. 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 | -0.24% | 2.28% | -2.52% to 2.04% |
Monday | -0.19% | 2.20% | -2.38% to 2.01% |
Tuesday | -1.85% | 3.01% | -4.86% to 1.16% |
Wednesday | 0.74% | 2.06% | -1.33% to 2.80% |
Thursday | 0.28% | 1.01% | -0.73% to 1.29% |
Friday | 0.61% | 1.36% | -0.75% to 1.97% |
Saturday | 1.35% | 2.23% | -0.88% to 3.58% |