Cosmos (ATOM)

Current price: $ 6.71

24 hours price change: $ -0.04 (-0.59%)

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 May 23rd, 2024 to June 23rd, 2024.

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 05/23/2024 and 06/23/2024.

According to the performance of Cosmos between May 23rd, 2024 and June 23rd, 2024, Cosmos performed the best on Mondays. On average, the price of Cosmos increased 0.86% on Monday.

The weekday on which the Cosmos performed the worst, is Thursday. On Thursdays, the Cosmos declined in value on average by -0.64%.

Cosmos weekday performance

It is hard to tell whether the Cosmos will increase or decrease in value on an average Sunday. The average change on a Sunday for the Cosmos is -0.25%. However, the standard deviation on this weekday is 0.43%. This means that on most Sundays, the change in value of the Cosmos is between -0.67% and 0.18%.

Historical performance on Monday 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 Monday with 0.86%. However, the uncertainty of this increase is high. The expected change in value of the Cosmos on a Monday is between -0.64% and 2.37% (see also the table below).

Cosmos increased in value on an average Tuesday only slightly. The average increase in value of the Cosmos was 0.07%. 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 (0.12%). This means that on 68 percent of the Tuesdays, the change in price of the Cosmos is expected to be in the range of -0.05% and 0.20%.

It is hard to tell whether the Cosmos will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Cosmos is -0.22%. However, the standard deviation on this weekday is 0.47%. This means that on most Wednesdays, the change in value of the Cosmos is between -0.69% and 0.25%.

On Thursdays, the Cosmos decreases in value on average with -0.64%. On most of the Thursdays the Cosmos decreases in value between -1.58% and 0.29%. The uncertainty (0.94%) is higher than the average decline percentage (-0.64%). Therefore, expected range of price changes of the Cosmos on Thursdays is large.

Allthough the Cosmos decreases in value with -0.35% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Cosmos on Fridays is 1.36%. This means that the expected change of the value of Cosmos is between -1.72% and 1.01% on 68 out of 100 Fridays.

Cosmos increased in value on an average Saturday only slightly. The average increase in value of the Cosmos was 0.03%. 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 (0.22%). This means that on 68 percent of the Saturdays, the change in price of the Cosmos is expected to be in the range of -0.19% and 0.24%.

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 -0.25% 0.43% -0.67% to 0.18%
Monday 0.86% 1.50% -0.64% to 2.37%
Tuesday 0.07% 0.12% -0.05% to 0.20%
Wednesday -0.22% 0.47% -0.69% to 0.25%
Thursday -0.64% 0.94% -1.58% to 0.29%
Friday -0.35% 1.36% -1.72% to 1.01%
Saturday 0.03% 0.22% -0.19% to 0.24%
 

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