Komodo (KMD)

Current price: $ 0.66

24 hours price change: $ 0.02 (3.81%)

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 June 24th, 2021 to July 24th, 2021.

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 06/24/2021 and 07/24/2021.

According to the performance of Komodo between June 24th, 2021 and July 24th, 2021, Komodo performed the best on Tuesdays. On average, the price of Komodo increased 2.03% on Tuesday.

The weekday on which the Komodo performed the worst, is Friday. On Fridays, the Komodo declined in value on average by -2.09%.

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 0.00%. However, the standard deviation on this weekday is 2.78%. This means that on most Sundays, the change in value of the Komodo is between -2.78% and 2.77%.

On an average Monday, the Komodo increased 0.55%. However, since the expected deviation is 1.19%, the Komodo will decline in value on a Monday quiet regularly. The expected price change of the Komodo on a Monday is between -0.64% and 1.74%.

On an average Tuesday the Komodo shows an increase in value of 2.03%. However, the change of Komodo on most of the Tuesdays is between -1.40% and 5.47%. Therefore it is hard to tell whether an average Tuesday 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 Wednesday. The average change on a Wednesday for the Komodo is -0.17%. However, the standard deviation on this weekday is 0.76%. This means that on most Wednesdays, the change in value of the Komodo is between -0.93% and 0.59%.

On an average Thursday the Komodo shows an increase in value of 1.58%. However, the change of Komodo on most of the Thursdays is between -1.68% and 4.83%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Komodos.

The Komodo declines in value on an average Friday with -2.09%. However, the uncertainty (or standard deviation) is quite large, namely 4.12%. This means that it is not possible to say whether on a regular Friday the Komodo will increase or decrease in value.

On Saturdays, the Komodo decreases in value on average with -0.88%. On most of the Saturdays the Komodo decreases in value between -2.52% and 0.76%. The uncertainty (1.64%) is higher than the average decline percentage (-0.88%). Therefore, expected range of price changes of the Komodo on Saturdays is large.

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 0.00% 2.78% -2.78% to 2.77%
Monday 0.55% 1.19% -0.64% to 1.74%
Tuesday 2.03% 3.44% -1.40% to 5.47%
Wednesday -0.17% 0.76% -0.93% to 0.59%
Thursday 1.58% 3.25% -1.68% to 4.83%
Friday -2.09% 4.12% -6.21% to 2.03%
Saturday -0.88% 1.64% -2.52% to 0.76%
 

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