Cosmos (ATOM)

Current price: $ 19.17

24 hours price change: $ -0.07 (-0.36%)

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 February 8th, 2021 to March 8th, 2021.

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 02/08/2021 and 03/08/2021.

According to the performance of Cosmos between February 8th, 2021 and March 8th, 2021, Cosmos performed the best on Tuesdays. On average, the price of Cosmos increased 2.86% on Tuesday.

The weekday on which the Cosmos performed the worst, is Sunday. On Sundays, the Cosmos declined in value on average by -1.83%.

Cosmos weekday performance

The Cosmos declines in value on an average Sunday with -1.83%. However, the uncertainty (or standard deviation) is quite large, namely 3.53%. This means that it is not possible to say whether on a regular Sunday the Cosmos will increase or decrease in value.

On an average Monday the Cosmos shows an increase in value of 1.25%. However, the change of Cosmos on most of the Mondays is between -2.13% and 4.63%. Therefore it is hard to tell whether an average Monday is a good day to start buying Cosmoss.

On an average Tuesday the Cosmos shows an increase in value of 2.86%. However, the change of Cosmos on most of the Tuesdays is between -0.82% and 6.55%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Cosmoss.

The Cosmos declines in value on an average Wednesday with -1.68%. However, the uncertainty (or standard deviation) is quite large, namely 2.05%. This means that it is not possible to say whether on a regular Wednesday the Cosmos will increase or decrease in value.

It is hard to tell whether the Cosmos will increase or decrease in value on an average Thursday. The average change on a Thursday for the Cosmos is -0.20%. However, the standard deviation on this weekday is 1.44%. This means that on most Thursdays, the change in value of the Cosmos is between -1.64% and 1.24%.

On an average Friday, the Cosmos increased 0.47%. However, since the expected deviation is 3.50%, the Cosmos will decline in value on a Friday quiet regularly. The expected price change of the Cosmos on a Friday is between -3.03% and 3.96%.

Historical performance on Saturday 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 Saturday with 0.72%. However, the uncertainty of this increase is high. The expected change in value of the Cosmos on a Saturday is between -2.59% and 4.03% (see also the table below).

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 -1.83% 3.53% -5.36% to 1.70%
Monday 1.25% 3.38% -2.13% to 4.63%
Tuesday 2.86% 3.68% -0.82% to 6.55%
Wednesday -1.68% 2.05% -3.74% to 0.37%
Thursday -0.20% 1.44% -1.64% to 1.24%
Friday 0.47% 3.50% -3.03% to 3.96%
Saturday 0.72% 3.31% -2.59% to 4.03%
 

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