Nano (NANO)

Current price: $ 0.99

24 hours price change: $ -0.07 (-6.19%)

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 January 16th, 2019 to July 15th, 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 01/16/2019 and 07/15/2019.

According to the performance of Nano between January 16th, 2019 and July 15th, 2019, Nano performed the best on Tuesdays. On average, the price of Nano increased 3.35% on Tuesday.

The weekday on which the Nano performed the worst, is Thursday. On Thursdays, the Nano declined in value on average by -1.22%.

Nano weekday performance

Allthough the Nano decreases in value with -0.45% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Nano on Sundays is 4.70%. This means that the expected change of the value of Nano is between -5.15% and 4.25% on 68 out of 100 Sundays.

It is hard to tell whether the Nano will increase or decrease in value on an average Monday. The average change on a Monday for the Nano is -0.13%. However, the standard deviation on this weekday is 3.92%. This means that on most Mondays, the change in value of the Nano is between -4.05% and 3.79%.

The increase in value of the Nano is 3.35% on an average Tuesday. However, the uncertainty on the average change is high for the Nano on Tuesdays. This is the reason why an expected increase of the Nano on an average Tuesday cannot be predicted. The standard deviation for Nano on Tuesdays is high, namely 7.22%. This means that the expected range of value change for the Nano is -3.86% and 10.57% on 68% of the Tuesdays.

On an average Wednesday, the Nano increased 0.42%. However, since the expected deviation is 3.72%, the Nano will decline in value on a Wednesday quiet regularly. The expected price change of the Nano on a Wednesday is between -3.30% and 4.14%.

The Nano declines in value on an average Thursday with -1.22%. However, the uncertainty (or standard deviation) is quite large, namely 4.00%. 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 shows an increase in value of 1.21%. However, the change of Nano on most of the Fridays is between -2.05% and 4.47%. Therefore it is hard to tell whether an average Friday is a good day to start buying Nanos.

Nano increased in value on an average Saturday only slightly. The average increase in value of the Nano was 0.23%. 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 (3.43%). This means that on 68 percent of the Saturdays, the change in price of the Nano is expected to be in the range of -3.20% and 3.66%.

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.

WeekdayAverage change (%)Standard deviation (%)68% range
Sunday-0.45%4.70%-5.15% to 4.25%
Monday-0.13%3.92%-4.05% to 3.79%
Tuesday3.35%7.22%-3.86% to 10.57%
Wednesday0.42%3.72%-3.30% to 4.14%
Thursday-1.22%4.00%-5.22% to 2.78%
Friday1.21%3.26%-2.05% to 4.47%
Saturday0.23%3.43%-3.20% to 3.66%