Komodo (KMD)

Current price: $ 0.26

24 hours price change: $ -0.01 (-3.77%)

Daily analysis of Komodo (KMD) - 1 month

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 1 month, starting on August 26th, 2022 to September 26th, 2022.

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

Average daily change in price of Komodo per weekday between 08/26/2022 and 09/26/2022.

According to the performance of Komodo between August 26th, 2022 and September 26th, 2022, Komodo performed the best on Wednesdays. On average, the price of Komodo increased 3.74% on Wednesday.

The weekday on which the Komodo performed the worst, is Tuesday. On Tuesdays, the Komodo declined in value on average by -0.01%.

Komodo weekday performance

Komodo increased in value on an average Sunday only slightly. The average increase in value of the Komodo was 0.08%. 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 (0.10%). This means that on 68 percent of the Sundays, the change in price of the Komodo is expected to be in the range of -0.02% and 0.18%.

Komodo increased in value on an average Monday only slightly. The average increase in value of the Komodo was 0.02%. 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 (0.08%). This means that on 68 percent of the Mondays, the change in price of the Komodo is expected to be in the range of -0.05% and 0.10%.

It is hard to tell whether the Komodo will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Komodo is -0.01%. However, the standard deviation on this weekday is 0.04%. This means that on most Tuesdays, the change in value of the Komodo is between -0.05% and 0.03%.

The increase in value of the Komodo is 3.74% on an average Wednesday. However, the uncertainty on the average change is high for the Komodo on Wednesdays. This is the reason why an expected increase of the Komodo on an average Wednesday cannot be predicted. The standard deviation for Komodo on Wednesdays is high, namely 6.62%. This means that the expected range of value change for the Komodo is -2.88% and 10.37% on 68% of the Wednesdays.

Komodo increased in value on an average Thursday only slightly. The average increase in value of the Komodo was 0.01%. 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 (0.10%). This means that on 68 percent of the Thursdays, the change in price of the Komodo is expected to be in the range of -0.09% and 0.11%.

Komodo increased in value on an average Friday only slightly. The average increase in value of the Komodo was 0.04%. 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 (0.17%). This means that on 68 percent of the Fridays, the change in price of the Komodo is expected to be in the range of -0.14% and 0.21%.

On an average Saturday, the Komodo increased 0.31%. However, since the expected deviation is 0.62%, the Komodo will decline in value on a Saturday quiet regularly. The expected price change of the Komodo on a Saturday is between -0.31% and 0.93%.

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 0.08% 0.10% -0.02% to 0.18%
Monday 0.02% 0.08% -0.05% to 0.10%
Tuesday -0.01% 0.04% -0.05% to 0.03%
Wednesday 3.74% 6.62% -2.88% to 10.37%
Thursday 0.01% 0.10% -0.09% to 0.11%
Friday 0.04% 0.17% -0.14% to 0.21%
Saturday 0.31% 0.62% -0.31% to 0.93%
 

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