MCO (MCO)

Current price: $ 10.22

24 hours price change: $ -0.39 (-3.68%)

Daily analysis of MCO (MCO) - 1 month

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 1 month, starting on October 27th, 2021 to November 27th, 2021.

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 10/27/2021 and 11/27/2021.

According to the performance of MCO between October 27th, 2021 and November 27th, 2021, MCO performed the best on Tuesdays. On average, the price of MCO increased 1.87% on Tuesday.

The weekday on which the MCO performed the worst, is Thursday. On Thursdays, the MCO declined in value on average by -2.82%.

MCO weekday performance

On an average Sunday the MCO shows an increase in value of 1.22%. However, the change of MCO on most of the Sundays is between -0.92% and 3.36%. Therefore it is hard to tell whether an average Sunday is a good day to start buying MCOs.

Allthough the MCO decreases in value with -0.58% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of MCO on Mondays is 3.64%. This means that the expected change of the value of MCO is between -4.22% and 3.06% on 68 out of 100 Mondays.

On an average Tuesday the MCO shows an increase in value of 1.87%. However, the change of MCO on most of the Tuesdays is between -3.86% and 7.60%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying MCOs.

On an average Wednesday, the MCO increased 0.51%. However, since the expected deviation is 0.87%, the MCO will decline in value on a Wednesday quiet regularly. The expected price change of the MCO on a Wednesday is between -0.36% and 1.38%.

The MCO declines in value on an average Thursday with -2.82%. However, the uncertainty (or standard deviation) is quite large, namely 5.18%. This means that it is not possible to say whether on a regular Thursday the MCO will increase or decrease in value.

On an average Friday, the MCO increased 0.58%. However, since the expected deviation is 1.56%, the MCO will decline in value on a Friday quiet regularly. The expected price change of the MCO on a Friday is between -0.99% and 2.14%.

The expected range of change of the MCO for an average Saturday is between 0.02% and 1.23%. This is the result of an average increase in value of 0.62% and a standard deviation of %STANDARD_DEVIATION%}. This expected increase of value is calculated over the last 1 month.

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 1.22% 2.14% -0.92% to 3.36%
Monday -0.58% 3.64% -4.22% to 3.06%
Tuesday 1.87% 5.73% -3.86% to 7.60%
Wednesday 0.51% 0.87% -0.36% to 1.38%
Thursday -2.82% 5.18% -7.99% to 2.36%
Friday 0.58% 1.56% -0.99% to 2.14%
Saturday 0.62% 0.60% 0.02% to 1.23%
 

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