Komodo (KMD)

Current price: $ 0.38

24 hours price change: $ 0.005860 (1.57%)

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 May 17th, 2024 to June 17th, 2024.

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 05/17/2024 and 06/17/2024.

According to the performance of Komodo between May 17th, 2024 and June 17th, 2024, Komodo performed the best on Mondays. On average, the price of Komodo increased 1.14% on Monday.

The weekday on which the Komodo performed the worst, is Wednesday. On Wednesdays, the Komodo declined in value on average by -1.65%.

Komodo weekday performance

Komodo increased in value on an average Sunday only slightly. The average increase in value of the Komodo was 0.27%. 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 (2.09%). This means that on 68 percent of the Sundays, the change in price of the Komodo is expected to be in the range of -1.82% and 2.36%.

On an average Monday the Komodo shows an increase in value of 1.14%. However, the change of Komodo on most of the Mondays is between -0.79% and 3.06%. Therefore it is hard to tell whether an average Monday is a good day to start buying Komodos.

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 -0.25%. However, the standard deviation on this weekday is 0.75%. This means that on most Tuesdays, the change in value of the Komodo is between -0.99% and 0.50%.

The Komodo declines in value on an average Wednesday with -1.65%. However, the uncertainty (or standard deviation) is quite large, namely 2.08%. This means that it is not possible to say whether on a regular Wednesday the Komodo will increase or decrease in value.

The Komodo declines in value on an average Thursday with -1.11%. However, the uncertainty (or standard deviation) is quite large, namely 2.88%. This means that it is not possible to say whether on a regular Thursday the Komodo will increase or decrease in value.

Historical performance on Friday 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 Friday with 0.74%. However, the uncertainty of this increase is high. The expected change in value of the Komodo on a Friday is between -0.09% and 1.57% (see also the table below).

Komodo increased in value on an average Saturday only slightly. The average increase in value of the Komodo was 0.25%. 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 (0.53%). This means that on 68 percent of the Saturdays, the change in price of the Komodo is expected to be in the range of -0.28% and 0.77%.

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 0.27% 2.09% -1.82% to 2.36%
Monday 1.14% 1.93% -0.79% to 3.06%
Tuesday -0.25% 0.75% -0.99% to 0.50%
Wednesday -1.65% 2.08% -3.73% to 0.43%
Thursday -1.11% 2.88% -3.98% to 1.77%
Friday 0.74% 0.83% -0.09% to 1.57%
Saturday 0.25% 0.53% -0.28% to 0.77%
 

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