Maker (MKR)

Current price: $ 2,511.10

24 hours price change: $ -25.16 (-0.99%)

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 25th, 2021 to July 25th, 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 06/25/2021 and 07/25/2021.

According to the performance of Maker between June 25th, 2021 and July 25th, 2021, Maker performed the best on Wednesdays. On average, the price of Maker increased 2.63% on Wednesday.

The weekday on which the Maker performed the worst, is Friday. On Fridays, the Maker declined in value on average by -2.41%.

Maker weekday performance

On an average Sunday the Maker shows an increase in value of 1.26%. However, the change of Maker on most of the Sundays is between -1.26% and 3.78%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Makers.

Historical performance on Monday 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 Monday with 0.92%. However, the uncertainty of this increase is high. The expected change in value of the Maker on a Monday is between -0.76% and 2.60% (see also the table below).

On an average Tuesday the Maker shows an increase in value of 2.37%. However, the change of Maker on most of the Tuesdays is between -1.77% and 6.52%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Makers.

On an average Wednesday the Maker shows an increase in value of 2.63%. However, the change of Maker on most of the Wednesdays is between -2.05% and 7.30%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Makers.

It is hard to tell whether the Maker will increase or decrease in value on an average Thursday. The average change on a Thursday for the Maker is -0.02%. However, the standard deviation on this weekday is 0.24%. This means that on most Thursdays, the change in value of the Maker is between -0.26% and 0.22%.

The Maker declines in value on an average Friday with -2.41%. However, the uncertainty (or standard deviation) is quite large, namely 4.76%. This means that it is not possible to say whether on a regular Friday the Maker will increase or decrease in value.

On an average Saturday, the Maker increased 0.42%. However, since the expected deviation is 0.71%, the Maker will decline in value on a Saturday quiet regularly. The expected price change of the Maker on a Saturday is between -0.29% and 1.14%.

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 1.26% 2.52% -1.26% to 3.78%
Monday 0.92% 1.68% -0.76% to 2.60%
Tuesday 2.37% 4.14% -1.77% to 6.52%
Wednesday 2.63% 4.67% -2.05% to 7.30%
Thursday -0.02% 0.24% -0.26% to 0.22%
Friday -2.41% 4.76% -7.17% to 2.36%
Saturday 0.42% 0.71% -0.29% to 1.14%
 

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