Komodo (KMD)

Current price: $ 1.32

24 hours price change: $ 1.32 (inf%)

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 January 27th, 2021 to February 25th, 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 01/27/2021 and 02/25/2021.

According to the performance of Komodo between January 27th, 2021 and February 25th, 2021, Komodo performed the best on Fridays. On average, the price of Komodo increased 7.01% on Friday.

The weekday on which the Komodo performed the worst, is Tuesday. On Tuesdays, the Komodo declined in value on average by -2.48%.

Komodo weekday performance

On Sundays, the Komodo decreases in value on average with -0.90%. On most of the Sundays the Komodo decreases in value between -3.51% and 1.70%. The uncertainty (2.61%) is higher than the average decline percentage (-0.90%). Therefore, expected range of price changes of the Komodo on Sundays is large.

On an average Monday the Komodo shows an increase in value of 2.42%. However, the change of Komodo on most of the Mondays is between -0.16% and 5.00%. Therefore it is hard to tell whether an average Monday is a good day to start buying Komodos.

The Komodo declines in value on an average Tuesday with -2.48%. However, the uncertainty (or standard deviation) is quite large, namely 1.21%. This means that it is not possible to say whether on a regular Tuesday the Komodo will increase or decrease in value.

On an average Wednesday the Komodo shows an increase in value of 1.65%. However, the change of Komodo on most of the Wednesdays is between -6.16% and 9.46%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Komodos.

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 0.97%. However, the uncertainty of this increase is high. The expected change in value of the Komodo on a Thursday is between -1.16% and 3.10% (see also the table below).

The increase in value of the Komodo is 7.01% on an average Friday. However, the uncertainty on the average change is high for the Komodo on Fridays. This is the reason why an expected increase of the Komodo on an average Friday cannot be predicted. The standard deviation for Komodo on Fridays is high, namely 8.40%. This means that the expected range of value change for the Komodo is -1.38% and 15.41% on 68% of the Fridays.

The increase in value of the Komodo is 3.44% on an average Saturday. However, the uncertainty on the average change is high for the Komodo on Saturdays. This is the reason why an expected increase of the Komodo on an average Saturday cannot be predicted. The standard deviation for Komodo on Saturdays is high, namely 6.31%. This means that the expected range of value change for the Komodo is -2.87% and 9.75% on 68% of the Saturdays.

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 -0.90% 2.61% -3.51% to 1.70%
Monday 2.42% 2.58% -0.16% to 5.00%
Tuesday -2.48% 1.21% -3.69% to -1.27%
Wednesday 1.65% 7.81% -6.16% to 9.46%
Thursday 0.97% 2.13% -1.16% to 3.10%
Friday 7.01% 8.40% -1.38% to 15.41%
Saturday 3.44% 6.31% -2.87% to 9.75%
 

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