Maker (MKR)

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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 November 20th, 2023 to May 17th, 2024.

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 11/20/2023 and 05/17/2024.

According to the performance of Maker between November 20th, 2023 and May 17th, 2024, Maker performed the best on Sundays. On average, the price of Maker increased 0.69% on Sunday.

The weekday on which the Maker performed the worst, is Monday. On Mondays, the Maker declined in value on average by -0.27%.

Maker weekday performance

Historical performance on Sunday 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 Sunday with 0.69%. However, the uncertainty of this increase is high. The expected change in value of the Maker on a Sunday is between -0.93% and 2.31% (see also the table below).

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 -0.27%. However, the standard deviation on this weekday is 2.12%. This means that on most Mondays, the change in value of the Maker is between -2.39% and 1.85%.

It is hard to tell whether the Maker will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Maker is -0.11%. However, the standard deviation on this weekday is 1.48%. This means that on most Tuesdays, the change in value of the Maker is between -1.59% and 1.38%.

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 0.69%. However, the uncertainty of this increase is high. The expected change in value of the Maker on a Wednesday is between -1.28% and 2.66% (see also the table below).

On an average Thursday, the Maker increased 0.35%. However, since the expected deviation is 2.25%, the Maker will decline in value on a Thursday quiet regularly. The expected price change of the Maker on a Thursday is between -1.91% and 2.60%.

Maker increased in value on an average Friday only slightly. The average increase in value of the Maker was 0.21%. 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 (0.57%). This means that on 68 percent of the Fridays, the change in price of the Maker is expected to be in the range of -0.36% and 0.78%.

On an average Saturday, the Maker increased 0.51%. However, since the expected deviation is 1.42%, the Maker will decline in value on a Saturday quiet regularly. The expected price change of the Maker on a Saturday is between -0.91% and 1.93%.

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 0.69% 1.62% -0.93% to 2.31%
Monday -0.27% 2.12% -2.39% to 1.85%
Tuesday -0.11% 1.48% -1.59% to 1.38%
Wednesday 0.69% 1.97% -1.28% to 2.66%
Thursday 0.35% 2.25% -1.91% to 2.60%
Friday 0.21% 0.57% -0.36% to 0.78%
Saturday 0.51% 1.42% -0.91% to 1.93%
 

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