Maker (MKR)

Current price: $ 604.75

24 hours price change: $ -30.84 (-4.85%)

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 November 15th, 2018 to November 15th, 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 11/15/2018 and 11/15/2019.

According to the performance of Maker between November 15th, 2018 and November 15th, 2019, Maker performed the best on Saturdays. On average, the price of Maker increased 1.34% on Saturday.

The weekday on which the Maker performed the worst, is Thursday. On Thursdays, the Maker declined in value on average by -1.25%.

Maker weekday performance

Allthough the Maker decreases in value with -0.38% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Maker on Sundays is 4.05%. This means that the expected change of the value of Maker is between -4.42% and 3.67% on 68 out of 100 Sundays.

Allthough the Maker decreases in value with -0.45% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Maker on Mondays is 6.08%. This means that the expected change of the value of Maker is between -6.53% and 5.63% 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 0.85%. However, the uncertainty of this increase is high. The expected change in value of the Maker on a Tuesday is between -4.44% and 6.14% (see also the table below).

On an average Wednesday the Maker shows an increase in value of 1.14%. However, the change of Maker on most of the Wednesdays is between -3.82% and 6.10%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Makers.

The Maker declines in value on an average Thursday with -1.25%. However, the uncertainty (or standard deviation) is quite large, namely 4.13%. This means that it is not possible to say whether on a regular Thursday the Maker will increase or decrease in value.

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 -0.09%. However, the standard deviation on this weekday is 3.63%. This means that on most Fridays, the change in value of the Maker is between -3.71% and 3.54%.

On an average Saturday the Maker shows an increase in value of 1.34%. However, the change of Maker on most of the Saturdays is between -4.38% and 7.06%. 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 -0.38% 4.05% -4.42% to 3.67%
Monday -0.45% 6.08% -6.53% to 5.63%
Tuesday 0.85% 5.29% -4.44% to 6.14%
Wednesday 1.14% 4.96% -3.82% to 6.10%
Thursday -1.25% 4.13% -5.38% to 2.88%
Friday -0.09% 3.63% -3.71% to 3.54%
Saturday 1.34% 5.72% -4.38% to 7.06%