Maker (MKR)

Current price: $ 564.18

24 hours price change: $ 1.80 (0.32%)

Daily analysis of Maker (MKR) - 1 year

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 year, starting on July 21st, 2018 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 07/21/2018 and 07/21/2019.

According to the performance of Maker between July 21st, 2018 and July 21st, 2019, Maker performed the best on Saturdays. On average, the price of Maker increased 1.74% on Saturday.

The weekday on which the Maker performed the worst, is Thursday. On Thursdays, the Maker declined in value on average by -0.84%.

Maker weekday performance

Maker increased in value on an average Sunday only slightly. The average increase in value of the Maker was 0.13%. 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 (4.38%). This means that on 68 percent of the Sundays, the change in price of the Maker is expected to be in the range of -4.25% and 4.51%.

Allthough the Maker decreases in value with -0.57% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Maker on Mondays is 7.58%. This means that the expected change of the value of Maker is between -8.16% and 7.01% on 68 out of 100 Mondays.

Historical performance on Tuesday 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 Tuesday with 0.97%. However, the uncertainty of this increase is high. The expected change in value of the Maker on a Tuesday is between -5.35% and 7.28% (see also the table below).

Maker increased in value on an average Wednesday only slightly. The average increase in value of the Maker was 0.19%. 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 (6.90%). This means that on 68 percent of the Wednesdays, the change in price of the Maker is expected to be in the range of -6.71% and 7.08%.

On Thursdays, the Maker decreases in value on average with -0.84%. On most of the Thursdays the Maker decreases in value between -6.67% and 4.98%. The uncertainty (5.82%) is higher than the average decline percentage (-0.84%). Therefore, expected range of price changes of the Maker on Thursdays is large.

It is hard to tell whether the Maker will increase or decrease in value on an average Friday. The average change on a Friday for the Maker is -0.22%. However, the standard deviation on this weekday is 4.91%. This means that on most Fridays, the change in value of the Maker is between -5.13% and 4.70%.

On an average Saturday the Maker shows an increase in value of 1.74%. However, the change of Maker on most of the Saturdays is between -5.52% and 9.01%. 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.

WeekdayAverage change (%)Standard deviation (%)68% range
Sunday0.13%4.38%-4.25% to 4.51%
Monday-0.57%7.58%-8.16% to 7.01%
Tuesday0.97%6.32%-5.35% to 7.28%
Wednesday0.19%6.90%-6.71% to 7.08%
Thursday-0.84%5.82%-6.67% to 4.98%
Friday-0.22%4.91%-5.13% to 4.70%
Saturday1.74%7.26%-5.52% to 9.01%