MCO (MCO)

Current price: $ 2.58

24 hours price change: $ 0.000774 (0.03%)

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 November 1st, 2022 to November 30th, 2022.

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 11/01/2022 and 11/30/2022.

According to the performance of MCO between November 1st, 2022 and November 30th, 2022, MCO performed the best on Thursdays. On average, the price of MCO increased 0.60% on Thursday.

The weekday on which the MCO performed the worst, is Monday. On Mondays, the MCO declined in value on average by -0.13%.

MCO weekday performance

The MCO will almost not change or only slightly increase in value on an average Sunday. The average change of the MCO on Sundays is 0.14%. The standard deviation of the MCO is 0.08%, which means that in 68% of the Sundays, the range of the change of the MCO is 0.06% and 0.22%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.

It is hard to tell whether the MCO will increase or decrease in value on an average Monday. The average change on a Monday for the MCO is -0.13%. However, the standard deviation on this weekday is 0.24%. This means that on most Mondays, the change in value of the MCO is between -0.36% and 0.11%.

It is hard to tell whether the MCO will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the MCO is -0.11%. However, the standard deviation on this weekday is 0.34%. This means that on most Tuesdays, the change in value of the MCO is between -0.45% and 0.23%.

MCO increased in value on an average Wednesday only slightly. The average increase in value of the MCO was 0.14%. Allthough the MCO closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.31%). This means that on 68 percent of the Wednesdays, the change in price of the MCO is expected to be in the range of -1.17% and 1.45%.

Historical performance on Thursday 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 Thursday with 0.60%. However, the uncertainty of this increase is high. The expected change in value of the MCO on a Thursday is between -0.33% and 1.53% (see also the table below).

MCO increased in value on an average Friday only slightly. The average increase in value of the MCO was 0.27%. Allthough the MCO closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.73%). This means that on 68 percent of the Fridays, the change in price of the MCO is expected to be in the range of -0.46% and 1.00%.

MCO increased in value on an average Saturday only slightly. The average increase in value of the MCO was 0.12%. Allthough the MCO closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.82%). This means that on 68 percent of the Saturdays, the change in price of the MCO is expected to be in the range of -0.70% and 0.94%.

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 0.14% 0.08% 0.06% to 0.22%
Monday -0.13% 0.24% -0.36% to 0.11%
Tuesday -0.11% 0.34% -0.45% to 0.23%
Wednesday 0.14% 1.31% -1.17% to 1.45%
Thursday 0.60% 0.93% -0.33% to 1.53%
Friday 0.27% 0.73% -0.46% to 1.00%
Saturday 0.12% 0.82% -0.70% to 0.94%
 

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