Cosmos (ATOM)

Current price: $ 28.65

24 hours price change: $ -7.54 (-20.83%)

Daily analysis of Cosmos (ATOM) - 1 month

The performance of Cosmos regarding the price differs every day. To make the best decision to buy Cosmos, we are analysis in this article the performance of Cosmos on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on December 22nd, 2021 to January 22nd, 2022.

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

Average daily change in price of Cosmos per weekday between 12/22/2021 and 01/22/2022.

According to the performance of Cosmos between December 22nd, 2021 and January 22nd, 2022, Cosmos performed the best on Fridays. On average, the price of Cosmos increased 2.35% on Friday.

The weekday on which the Cosmos performed the worst, is Tuesday. On Tuesdays, the Cosmos declined in value on average by -1.09%.

Cosmos weekday performance

Cosmos increased in value on an average Sunday only slightly. The average increase in value of the Cosmos was 0.04%. Allthough the Cosmos closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.77%). This means that on 68 percent of the Sundays, the change in price of the Cosmos is expected to be in the range of -1.73% and 1.81%.

On Mondays, the Cosmos decreases in value on average with -0.69%. On most of the Mondays the Cosmos decreases in value between -1.69% and 0.31%. The uncertainty (1.00%) is higher than the average decline percentage (-0.69%). Therefore, expected range of price changes of the Cosmos on Mondays is large.

The Cosmos declines in value on an average Tuesday with -1.09%. However, the uncertainty (or standard deviation) is quite large, namely 1.59%. This means that it is not possible to say whether on a regular Tuesday the Cosmos will increase or decrease in value.

Historical performance on Wednesday do not show an increase in value of the Cosmos on which a prediction can be made. The Cosmos increased in value on average on an average Wednesday with 0.64%. However, the uncertainty of this increase is high. The expected change in value of the Cosmos on a Wednesday is between -0.90% and 2.18% (see also the table below).

Historical performance on Thursday do not show an increase in value of the Cosmos on which a prediction can be made. The Cosmos increased in value on average on an average Thursday with 0.90%. However, the uncertainty of this increase is high. The expected change in value of the Cosmos on a Thursday is between -1.01% and 2.82% (see also the table below).

On an average Friday the Cosmos shows an increase in value of 2.35%. However, the change of Cosmos on most of the Fridays is between -0.57% and 5.28%. Therefore it is hard to tell whether an average Friday is a good day to start buying Cosmoss.

On an average Saturday the Cosmos shows a high increase in value, namely 1.42%. The standard deviation is below the average increase percentage (standard deviation is 1.31%), meaning that on 68% of the Saturdays the Cosmos will increase with a percentage between 0.12% and 2.73%. This also means that, on average, on 16 percent of the Saturdays, the Cosmos will increase with a percentage above this range. On the other 16% of the Saturdays, the Cosmos will change with a percentage below the 0.12%.

Cosmos weekday performance details

Find below the details of the performance of Cosmos 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 0.04% 1.77% -1.73% to 1.81%
Monday -0.69% 1.00% -1.69% to 0.31%
Tuesday -1.09% 1.59% -2.68% to 0.50%
Wednesday 0.64% 1.54% -0.90% to 2.18%
Thursday 0.90% 1.91% -1.01% to 2.82%
Friday 2.35% 2.93% -0.57% to 5.28%
Saturday 1.42% 1.31% 0.12% to 2.73%
 

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