MCO (MCO)

Current price: $ 3.60

24 hours price change: $ -0.20 (-5.29%)

Daily analysis of MCO (MCO) - all

The performance of MCO regarding the price differs every day. To make the best decision to buy MCO, we are analysis in this article the performance of MCO on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on December 18th, 2016 to October 14th, 2019.

In the barchart below, the weekdays and average performance of MCO are shown side by side.

Average daily change in price of MCO per weekday between 12/18/2016 and 10/14/2019.

According to the performance of MCO between December 18th, 2016 and October 14th, 2019, MCO performed the best on Fridays. On average, the price of MCO increased 1.84% on Friday.

The weekday on which the MCO performed the worst, is Monday. On Mondays, the MCO declined in value on average by -0.71%.

MCO weekday performance

On an average Sunday the MCO shows an increase in value of 1.76%. However, the change of MCO on most of the Sundays is between -14.85% and 18.37%. Therefore it is hard to tell whether an average Sunday is a good day to start buying MCOs.

On Mondays, the MCO decreases in value on average with -0.71%. On most of the Mondays the MCO decreases in value between -15.17% and 13.75%. The uncertainty (14.46%) is higher than the average decline percentage (-0.71%). Therefore, expected range of price changes of the MCO on Mondays is large.

On an average Tuesday, the MCO increased 0.57%. However, since the expected deviation is 17.93%, the MCO will decline in value on a Tuesday quiet regularly. The expected price change of the MCO on a Tuesday is between -17.36% and 18.49%.

Historical performance on Wednesday do not show an increase in value of the MCO on which a prediction can be made. The MCO increased in value on average on an average Wednesday with 0.75%. However, the uncertainty of this increase is high. The expected change in value of the MCO on a Wednesday is between -21.67% and 23.18% (see also the table below).

On an average Thursday, the MCO increased 0.59%. However, since the expected deviation is 12.86%, the MCO will decline in value on a Thursday quiet regularly. The expected price change of the MCO on a Thursday is between -12.27% and 13.45%.

On an average Friday the MCO shows an increase in value of 1.84%. However, the change of MCO on most of the Fridays is between -8.59% and 12.28%. Therefore it is hard to tell whether an average Friday is a good day to start buying MCOs.

On an average Saturday the MCO shows an increase in value of 1.09%. However, the change of MCO on most of the Saturdays is between -8.68% and 10.87%. Therefore it is hard to tell whether an average Saturday is a good day to start buying MCOs.

MCO weekday performance details

Find below the details of the performance of MCO 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 1.76% 16.61% -14.85% to 18.37%
Monday -0.71% 14.46% -15.17% to 13.75%
Tuesday 0.57% 17.93% -17.36% to 18.49%
Wednesday 0.75% 22.42% -21.67% to 23.18%
Thursday 0.59% 12.86% -12.27% to 13.45%
Friday 1.84% 10.44% -8.59% to 12.28%
Saturday 1.09% 9.77% -8.68% to 10.87%