Nano (NANO)

Current price: $ 0.86

24 hours price change: $ -0.02 (-2.76%)

Daily analysis of Nano (NANO) - 1 year

The performance of Nano regarding the price differs every day. To make the best decision to buy Nano, we are analysis in this article the performance of Nano on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 year, starting on November 19th, 2018 to November 18th, 2019.

In the barchart below, the weekdays and average performance of Nano are shown side by side.

Average daily change in price of Nano per weekday between 11/19/2018 and 11/18/2019.

According to the performance of Nano between November 19th, 2018 and November 18th, 2019, Nano performed the best on Tuesdays. On average, the price of Nano increased 1.27% on Tuesday.

The weekday on which the Nano performed the worst, is Thursday. On Thursdays, the Nano declined in value on average by -1.32%.

Nano weekday performance

It is hard to tell whether the Nano will increase or decrease in value on an average Sunday. The average change on a Sunday for the Nano is -0.09%. However, the standard deviation on this weekday is 3.80%. This means that on most Sundays, the change in value of the Nano is between -3.90% and 3.71%.

Allthough the Nano decreases in value with -0.51% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Nano on Mondays is 4.43%. This means that the expected change of the value of Nano is between -4.93% and 3.92% on 68 out of 100 Mondays.

On an average Tuesday the Nano shows an increase in value of 1.27%. However, the change of Nano on most of the Tuesdays is between -4.60% and 7.14%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Nanos.

Historical performance on Wednesday do not show an increase in value of the Nano on which a prediction can be made. The Nano increased in value on average on an average Wednesday with 0.87%. However, the uncertainty of this increase is high. The expected change in value of the Nano on a Wednesday is between -2.72% and 4.47% (see also the table below).

The Nano declines in value on an average Thursday with -1.32%. However, the uncertainty (or standard deviation) is quite large, namely 3.65%. This means that it is not possible to say whether on a regular Thursday the Nano will increase or decrease in value.

On an average Friday, the Nano increased 0.36%. However, since the expected deviation is 3.18%, the Nano will decline in value on a Friday quiet regularly. The expected price change of the Nano on a Friday is between -2.82% and 3.54%.

Nano increased in value on an average Saturday only slightly. The average increase in value of the Nano was 0.17%. Allthough the Nano closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (2.85%). This means that on 68 percent of the Saturdays, the change in price of the Nano is expected to be in the range of -2.68% and 3.02%.

Nano weekday performance details

Find below the details of the performance of Nano 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 -0.09% 3.80% -3.90% to 3.71%
Monday -0.51% 4.43% -4.93% to 3.92%
Tuesday 1.27% 5.87% -4.60% to 7.14%
Wednesday 0.87% 3.59% -2.72% to 4.47%
Thursday -1.32% 3.65% -4.98% to 2.33%
Friday 0.36% 3.18% -2.82% to 3.54%
Saturday 0.17% 2.85% -2.68% to 3.02%