MCO (MCO)

Current price: $ 5.42

24 hours price change: $ 0.04 (0.83%)

Daily analysis of MCO (MCO) - 1 year

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 year, starting on May 26th, 2019 to May 25th, 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 05/26/2019 and 05/25/2020.

According to the performance of MCO between May 26th, 2019 and May 25th, 2020, MCO performed the best on Sundays. On average, the price of MCO increased 0.24% on Sunday.

The weekday on which the MCO performed the worst, is Wednesday. On Wednesdays, the MCO declined in value on average by -0.81%.

MCO weekday performance

MCO increased in value on an average Sunday only slightly. The average increase in value of the MCO was 0.24%. 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 (4.16%). This means that on 68 percent of the Sundays, the change in price of the MCO is expected to be in the range of -3.92% and 4.41%.

MCO increased in value on an average Monday only slightly. The average increase in value of the MCO was 0.01%. 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 (5.26%). This means that on 68 percent of the Mondays, the change in price of the MCO is expected to be in the range of -5.25% and 5.27%.

Allthough the MCO decreases in value with -0.31% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of MCO on Tuesdays is 3.48%. This means that the expected change of the value of MCO is between -3.78% and 3.17% on 68 out of 100 Tuesdays.

On Wednesdays, the MCO decreases in value on average with -0.81%. On most of the Wednesdays the MCO decreases in value between -3.54% and 1.92%. The uncertainty (2.73%) is higher than the average decline percentage (-0.81%). Therefore, expected range of price changes of the MCO on Wednesdays is large.

MCO increased in value on an average Thursday only slightly. The average increase in value of the MCO was 0.22%. 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 (1.89%). This means that on 68 percent of the Thursdays, the change in price of the MCO is expected to be in the range of -1.67% and 2.11%.

MCO increased in value on an average Friday only slightly. The average increase in value of the MCO was 0.08%. 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 (1.54%). This means that on 68 percent of the Fridays, the change in price of the MCO is expected to be in the range of -1.47% and 1.62%.

Allthough the MCO decreases in value with -0.31% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of MCO on Saturdays is 2.02%. This means that the expected change of the value of MCO is between -2.34% and 1.71% on 68 out of 100 Saturdays.

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 0.24% 4.16% -3.92% to 4.41%
Monday 0.01% 5.26% -5.25% to 5.27%
Tuesday -0.31% 3.48% -3.78% to 3.17%
Wednesday -0.81% 2.73% -3.54% to 1.92%
Thursday 0.22% 1.89% -1.67% to 2.11%
Friday 0.08% 1.54% -1.47% to 1.62%
Saturday -0.31% 2.02% -2.34% to 1.71%
 

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