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 September 2nd, 2023 to September 26th, 2023.
In the barchart below, the weekdays and average performance of MCO are shown side by side.
According to the performance of MCO between September 2nd, 2023 and September 26th, 2023, MCO performed the best on Thursdays. On average, the price of MCO increased 0.35% on Thursday.
The weekday on which the MCO performed the worst, is Wednesday. On Wednesdays, the MCO declined in value on average by -0.05%.
MCO weekday performance
MCO increased in value on an average Sunday only slightly. The average increase in value of the MCO was 0.02%. 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 (0.04%). This means that on 68 percent of the Sundays, the change in price of the MCO is expected to be in the range of -0.02% and 0.06%.
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 -0.04%. However, the standard deviation on this weekday is 0.07%. This means that on most Mondays, the change in value of the MCO is between -0.11% and 0.03%.
MCO increased in value on an average Tuesday only slightly. The average increase in value of the MCO was -. 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 (-). This means that on 68 percent of the Tuesdays, the change in price of the MCO is expected to be in the range of - and -.
It is hard to tell whether the MCO will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the MCO is -0.05%. However, the standard deviation on this weekday is 0.04%. This means that on most Wednesdays, the change in value of the MCO is between -0.09% and -0.02%.
On an average Thursday, the MCO increased 0.35%. However, since the expected deviation is 0.50%, the MCO will decline in value on a Thursday quiet regularly. The expected price change of the MCO on a Thursday is between -0.15% and 0.85%.
MCO increased in value on an average Friday only slightly. The average increase in value of the MCO was -. 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 (-). This means that on 68 percent of the Fridays, the change in price of the MCO is expected to be in the range of - and -.
MCO increased in value on an average Saturday only slightly. The average increase in value of the MCO was 0.02%. 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 (0.03%). This means that on 68 percent of the Saturdays, the change in price of the MCO is expected to be in the range of -0.01% and 0.05%.
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 | 0.02% | 0.04% | -0.02% to 0.06% |
| Monday | -0.04% | 0.07% | -0.11% to 0.03% |
| Tuesday | - | - | - to - |
| Wednesday | -0.05% | 0.04% | -0.09% to -0.02% |
| Thursday | 0.35% | 0.50% | -0.15% to 0.85% |
| Friday | - | - | - to - |
| Saturday | 0.02% | 0.03% | -0.01% to 0.05% |