Maker (MKR)

Current price: $ 505.96

24 hours price change: $ 9.84 (1.98%)

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 March 24th, 2019 to September 23rd, 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 03/24/2019 and 09/23/2019.

According to the performance of Maker between March 24th, 2019 and September 23rd, 2019, Maker performed the best on Tuesdays. On average, the price of Maker increased 0.55% on Tuesday.

The weekday on which the Maker performed the worst, is Thursday. On Thursdays, the Maker declined in value on average by -1.02%.

Maker weekday performance

Maker increased in value on an average Sunday only slightly. The average increase in value of the Maker was 0.18%. 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 (2.12%). This means that on 68 percent of the Sundays, the change in price of the Maker is expected to be in the range of -1.93% and 2.30%.

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 -0.04%. 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 -2.16% and 2.07%.

On an average Tuesday, the Maker increased 0.55%. However, since the expected deviation is 2.03%, the Maker will decline in value on a Tuesday quiet regularly. The expected price change of the Maker on a Tuesday is between -1.48% and 2.58%.

On an average Wednesday, the Maker increased 0.34%. However, since the expected deviation is 3.87%, the Maker will decline in value on a Wednesday quiet regularly. The expected price change of the Maker on a Wednesday is between -3.54% and 4.21%.

The Maker declines in value on an average Thursday with -1.02%. However, the uncertainty (or standard deviation) is quite large, namely 3.04%. This means that it is not possible to say whether on a regular Thursday the Maker will increase or decrease in value.

Allthough the Maker decreases in value with -0.53% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Maker on Fridays is 2.83%. This means that the expected change of the value of Maker is between -3.36% and 2.30% on 68 out of 100 Fridays.

On an average Saturday, the Maker increased 0.51%. However, since the expected deviation is 2.65%, the Maker will decline in value on a Saturday quiet regularly. The expected price change of the Maker on a Saturday is between -2.14% and 3.16%.

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 0.18% 2.12% -1.93% to 2.30%
Monday -0.04% 2.12% -2.16% to 2.07%
Tuesday 0.55% 2.03% -1.48% to 2.58%
Wednesday 0.34% 3.87% -3.54% to 4.21%
Thursday -1.02% 3.04% -4.07% to 2.02%
Friday -0.53% 2.83% -3.36% to 2.30%
Saturday 0.51% 2.65% -2.14% to 3.16%