MCO (MCO)

Current price: $ 4.29

24 hours price change: $ -0.02 (-0.46%)

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 August 21st, 2020 to September 21st, 2020.

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 08/21/2020 and 09/21/2020.

According to the performance of MCO between August 21st, 2020 and September 21st, 2020, MCO performed the best on Thursdays. On average, the price of MCO increased 0.12% on Thursday.

The weekday on which the MCO performed the worst, is Sunday. On Sundays, the MCO declined in value on average by -0.20%.

MCO weekday performance

It is hard to tell whether the MCO will increase or decrease in value on an average Sunday. The average change on a Sunday for the MCO is -0.20%. However, the standard deviation on this weekday is 0.25%. This means that on most Sundays, the change in value of the MCO is between -0.45% and 0.05%.

MCO increased in value on an average Monday only slightly. The average increase in value of the MCO was 0.03%. 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 (0.12%). This means that on 68 percent of the Mondays, the change in price of the MCO is expected to be in the range of -0.09% and 0.15%.

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 -0.13%. However, the standard deviation on this weekday is 0.45%. This means that on most Tuesdays, the change in value of the MCO is between -0.58% and 0.32%.

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 -0.03%. However, the standard deviation on this weekday is 0.15%. This means that on most Wednesdays, the change in value of the MCO is between -0.18% and 0.12%.

The MCO will almost not change or only slightly increase in value on an average Thursday. The average change of the MCO on Thursdays is 0.12%. The standard deviation of the MCO is 0.04%, which means that in 68% of the Thursdays, the range of the change of the MCO is 0.08% and 0.15%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.

MCO increased in value on an average Friday only slightly. The average increase in value of the MCO was 0.06%. 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 (0.14%). This means that on 68 percent of the Fridays, the change in price of the MCO is expected to be in the range of -0.08% and 0.20%.

MCO increased in value on an average Saturday only slightly. The average increase in value of the MCO was 0.10%. 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 (0.14%). This means that on 68 percent of the Saturdays, the change in price of the MCO is expected to be in the range of -0.03% and 0.24%.

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 -0.20% 0.25% -0.45% to 0.05%
Monday 0.03% 0.12% -0.09% to 0.15%
Tuesday -0.13% 0.45% -0.58% to 0.32%
Wednesday -0.03% 0.15% -0.18% to 0.12%
Thursday 0.12% 0.04% 0.08% to 0.15%
Friday 0.06% 0.14% -0.08% to 0.20%
Saturday 0.10% 0.14% -0.03% to 0.24%
 

We use cookies on our website. Some of them are essential for the operation of the site, while others help us to improve this site and the user experience (tracking cookies). You can decide for yourself whether you want to allow cookies or not. Please note that if you reject them, you may not be able to use all the functionalities of the site.