Maker (MKR)

Current price: $ 563.70

24 hours price change: $ 1.80 (0.32%)

Daily analysis of Maker (MKR) - 6 months

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 6 months, starting on January 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 01/21/2019 and 07/21/2019.

According to the performance of Maker between January 21st, 2019 and July 21st, 2019, Maker performed the best on Tuesdays. On average, the price of Maker increased 2.12% on Tuesday.

The weekday on which the Maker performed the worst, is Thursday. On Thursdays, the Maker declined in value on average by -1.29%.

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 -0.03%. However, the standard deviation on this weekday is 3.11%. This means that on most Sundays, the change in value of the Maker is between -3.14% and 3.08%.

On Mondays, the Maker decreases in value on average with -0.72%. On most of the Mondays the Maker decreases in value between -4.98% and 3.53%. The uncertainty (4.25%) is higher than the average decline percentage (-0.72%). Therefore, expected range of price changes of the Maker on Mondays is large.

On an average Tuesday the Maker shows an increase in value of 2.12%. However, the change of Maker on most of the Tuesdays is between -1.84% and 6.09%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Makers.

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 0.96%. However, the uncertainty of this increase is high. The expected change in value of the Maker on a Wednesday is between -4.00% and 5.93% (see also the table below).

The Maker declines in value on an average Thursday with -1.29%. However, the uncertainty (or standard deviation) is quite large, namely 3.57%. 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 -0.24%. However, the standard deviation on this weekday is 3.50%. This means that on most Fridays, the change in value of the Maker is between -3.74% and 3.25%.

On an average Saturday the Maker shows an increase in value of 1.20%. However, the change of Maker on most of the Saturdays is between -2.42% and 4.82%. 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
Sunday-0.03%3.11%-3.14% to 3.08%
Monday-0.72%4.25%-4.98% to 3.53%
Tuesday2.12%3.96%-1.84% to 6.09%
Wednesday0.96%4.96%-4.00% to 5.93%
Thursday-1.29%3.57%-4.86% to 2.28%
Friday-0.24%3.50%-3.74% to 3.25%
Saturday1.20%3.62%-2.42% to 4.82%