Nano (NANO)

Current price: $ 1.09

24 hours price change: $ -0.04 (-3.80%)

Daily analysis of Nano (NANO) - 6 months

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 6 months, starting on November 26th, 2021 to May 26th, 2022.

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 11/26/2021 and 05/26/2022.

According to the performance of Nano between November 26th, 2021 and May 26th, 2022, Nano performed the best on Wednesdays. On average, the price of Nano increased 1.51% on Wednesday.

The weekday on which the Nano performed the worst, is Friday. On Fridays, the Nano declined in value on average by -0.76%.

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 -0.01%. However, the standard deviation on this weekday is 1.21%. This means that on most Sundays, the change in value of the Nano is between -1.22% and 1.20%.

Allthough the Nano decreases in value with -0.48% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Nano on Mondays is 0.97%. This means that the expected change of the value of Nano is between -1.45% and 0.49% on 68 out of 100 Mondays.

It is hard to tell whether the Nano will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Nano is -0.06%. However, the standard deviation on this weekday is 0.82%. This means that on most Tuesdays, the change in value of the Nano is between -0.88% and 0.76%.

On an average Wednesday the Nano shows an increase in value of 1.51%. However, the change of Nano on most of the Wednesdays is between -5.18% and 8.21%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Nanos.

On an average Thursday, the Nano increased 0.31%. However, since the expected deviation is 2.67%, the Nano will decline in value on a Thursday quiet regularly. The expected price change of the Nano on a Thursday is between -2.36% and 2.97%.

On Fridays, the Nano decreases in value on average with -0.76%. On most of the Fridays the Nano decreases in value between -2.58% and 1.06%. The uncertainty (1.82%) is higher than the average decline percentage (-0.76%). Therefore, expected range of price changes of the Nano on Fridays is large.

It is hard to tell whether the Nano will increase or decrease in value on an average Saturday. The average change on a Saturday for the Nano is -0.13%. However, the standard deviation on this weekday is 2.24%. This means that on most Saturdays, the change in value of the Nano is between -2.37% and 2.11%.

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 -0.01% 1.21% -1.22% to 1.20%
Monday -0.48% 0.97% -1.45% to 0.49%
Tuesday -0.06% 0.82% -0.88% to 0.76%
Wednesday 1.51% 6.70% -5.18% to 8.21%
Thursday 0.31% 2.67% -2.36% to 2.97%
Friday -0.76% 1.82% -2.58% to 1.06%
Saturday -0.13% 2.24% -2.37% to 2.11%
 

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