Nano (NANO)

Current price: $ 3.75

24 hours price change: $ -0.07 (-1.86%)

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 25th, 2021 to July 25th, 2021.

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 01/25/2021 and 07/25/2021.

According to the performance of Nano between January 25th, 2021 and July 25th, 2021, Nano performed the best on Wednesdays. On average, the price of Nano increased 1.89% on Wednesday.

The weekday on which the Nano performed the worst, is Friday. On Fridays, the Nano declined in value on average by -1.13%.

Nano weekday performance

Nano increased in value on an average Sunday only slightly. The average increase in value of the Nano was 0.19%. 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 (1.88%). This means that on 68 percent of the Sundays, the change in price of the Nano is expected to be in the range of -1.69% and 2.06%.

Historical performance on Monday 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 Monday with 0.67%. However, the uncertainty of this increase is high. The expected change in value of the Nano on a Monday is between -2.57% and 3.91% (see also the table below).

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 -0.25%. However, the standard deviation on this weekday is 2.87%. This means that on most Tuesdays, the change in value of the Nano is between -3.12% and 2.62%.

On an average Wednesday the Nano shows an increase in value of 1.89%. However, the change of Nano on most of the Wednesdays is between -5.59% and 9.36%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Nanos.

Nano increased in value on an average Thursday only slightly. The average increase in value of the Nano was 0.18%. 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 (2.54%). This means that on 68 percent of the Thursdays, the change in price of the Nano is expected to be in the range of -2.36% and 2.73%.

The Nano declines in value on an average Friday with -1.13%. However, the uncertainty (or standard deviation) is quite large, namely 4.16%. This means that it is not possible to say whether on a regular Friday the Nano will increase or decrease in value.

On Saturdays, the Nano decreases in value on average with -0.63%. On most of the Saturdays the Nano decreases in value between -2.20% and 0.94%. The uncertainty (1.57%) is higher than the average decline percentage (-0.63%). Therefore, expected range of price changes of the Nano on Saturdays is large.

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 0.19% 1.88% -1.69% to 2.06%
Monday 0.67% 3.24% -2.57% to 3.91%
Tuesday -0.25% 2.87% -3.12% to 2.62%
Wednesday 1.89% 7.47% -5.59% to 9.36%
Thursday 0.18% 2.54% -2.36% to 2.73%
Friday -1.13% 4.16% -5.29% to 3.04%
Saturday -0.63% 1.57% -2.20% to 0.94%
 

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