Cosmos (ATOM)

Current price: $ 30.96

24 hours price change: $ -2.31 (-6.94%)

Daily analysis of Cosmos (ATOM) - 6 months

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 6 months, starting on July 24th, 2021 to January 24th, 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 07/24/2021 and 01/24/2022.

According to the performance of Cosmos between July 24th, 2021 and January 24th, 2022, Cosmos performed the best on Wednesdays. On average, the price of Cosmos increased 1.45% on Wednesday.

The weekday on which the Cosmos performed the worst, is Tuesday. On Tuesdays, the Cosmos declined in value on average by -0.40%.

Cosmos weekday performance

Cosmos increased in value on an average Sunday only slightly. The average increase in value of the Cosmos was 0.11%. 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 (1.34%). This means that on 68 percent of the Sundays, the change in price of the Cosmos is expected to be in the range of -1.23% and 1.45%.

It is hard to tell whether the Cosmos will increase or decrease in value on an average Monday. The average change on a Monday for the Cosmos is 0.00%. However, the standard deviation on this weekday is 1.58%. This means that on most Mondays, the change in value of the Cosmos is between -1.58% and 1.57%.

Allthough the Cosmos decreases in value with -0.40% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Cosmos on Tuesdays is 2.27%. This means that the expected change of the value of Cosmos is between -2.67% and 1.88% on 68 out of 100 Tuesdays.

On an average Wednesday the Cosmos shows an increase in value of 1.45%. However, the change of Cosmos on most of the Wednesdays is between -4.58% and 7.48%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Cosmoss.

Cosmos increased in value on an average Thursday only slightly. The average increase in value of the Cosmos was 0.05%. 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 (2.23%). This means that on 68 percent of the Thursdays, the change in price of the Cosmos is expected to be in the range of -2.18% and 2.28%.

Historical performance on Friday 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 Friday with 0.72%. However, the uncertainty of this increase is high. The expected change in value of the Cosmos on a Friday is between -1.38% and 2.81% (see also the table below).

Cosmos increased in value on an average Saturday only slightly. The average increase in value of the Cosmos was 0.02%. 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 (1.78%). This means that on 68 percent of the Saturdays, the change in price of the Cosmos is expected to be in the range of -1.76% and 1.80%.

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 0.11% 1.34% -1.23% to 1.45%
Monday 0.00% 1.58% -1.58% to 1.57%
Tuesday -0.40% 2.27% -2.67% to 1.88%
Wednesday 1.45% 6.03% -4.58% to 7.48%
Thursday 0.05% 2.23% -2.18% to 2.28%
Friday 0.72% 2.10% -1.38% to 2.81%
Saturday 0.02% 1.78% -1.76% to 1.80%
 

About Us

: Financial indicators for cryptocurrencies