The performance of Komodo regarding the price differs every day. To make the best decision to buy Komodo, we are analysis in this article the performance of Komodo on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on February 2nd, 2017 to September 28th, 2022.
In the barchart below, the weekdays and average performance of Komodo are shown side by side.
According to the performance of Komodo between February 2nd, 2017 and September 28th, 2022, Komodo performed the best on Tuesdays. On average, the price of Komodo increased 1.27% on Tuesday.
The weekday on which the Komodo performed the worst, is Monday. On Mondays, the Komodo declined in value on average by -0.13%.
Komodo weekday performance
It is hard to tell whether the Komodo will increase or decrease in value on an average Sunday. The average change on a Sunday for the Komodo is -0.06%. However, the standard deviation on this weekday is 7.46%. This means that on most Sundays, the change in value of the Komodo is between -7.52% and 7.40%.
It is hard to tell whether the Komodo will increase or decrease in value on an average Monday. The average change on a Monday for the Komodo is -0.13%. However, the standard deviation on this weekday is 6.47%. This means that on most Mondays, the change in value of the Komodo is between -6.60% and 6.34%.
On an average Tuesday the Komodo shows an increase in value of 1.27%. However, the change of Komodo on most of the Tuesdays is between -24.33% and 26.87%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Komodos.
Komodo increased in value on an average Wednesday only slightly. The average increase in value of the Komodo was 0.11%. Allthough the Komodo closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (6.58%). This means that on 68 percent of the Wednesdays, the change in price of the Komodo is expected to be in the range of -6.47% and 6.69%.
Historical performance on Thursday do not show an increase in value of the Komodo on which a prediction can be made. The Komodo increased in value on average on an average Thursday with 0.61%. However, the uncertainty of this increase is high. The expected change in value of the Komodo on a Thursday is between -6.38% and 7.60% (see also the table below).
On an average Friday the Komodo shows an increase in value of 1.10%. However, the change of Komodo on most of the Fridays is between -5.74% and 7.93%. Therefore it is hard to tell whether an average Friday is a good day to start buying Komodos.
On an average Saturday, the Komodo increased 0.41%. However, since the expected deviation is 5.73%, the Komodo will decline in value on a Saturday quiet regularly. The expected price change of the Komodo on a Saturday is between -5.32% and 6.14%.
Komodo weekday performance details
Find below the details of the performance of Komodo 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||-0.06%||7.46%||-7.52% to 7.40%|
|Monday||-0.13%||6.47%||-6.60% to 6.34%|
|Tuesday||1.27%||25.60%||-24.33% to 26.87%|
|Wednesday||0.11%||6.58%||-6.47% to 6.69%|
|Thursday||0.61%||6.99%||-6.38% to 7.60%|
|Friday||1.10%||6.84%||-5.74% to 7.93%|
|Saturday||0.41%||5.73%||-5.32% to 6.14%|