Komodo (KMD)

Current price: $ 0.50

24 hours price change: $ 0.03 (6.53%)

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 December 25th, 2021 to January 25th, 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 12/25/2021 and 01/25/2022.

According to the performance of Komodo between December 25th, 2021 and January 25th, 2022, Komodo performed the best on Saturdays. On average, the price of Komodo increased 0.70% on Saturday.

The weekday on which the Komodo performed the worst, is Friday. On Fridays, the Komodo declined in value on average by -1.04%.

Komodo weekday performance

On an average Sunday, the Komodo increased 0.55%. However, since the expected deviation is 0.96%, the Komodo will decline in value on a Sunday quiet regularly. The expected price change of the Komodo on a Sunday is between -0.42% and 1.51%.

Allthough the Komodo decreases in value with -0.40% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Komodo on Mondays is 0.81%. This means that the expected change of the value of Komodo is between -1.22% and 0.41% on 68 out of 100 Mondays.

On Tuesdays, the Komodo decreases in value on average with -0.66%. On most of the Tuesdays the Komodo decreases in value between -1.40% and 0.08%. The uncertainty (0.74%) is higher than the average decline percentage (-0.66%). Therefore, expected range of price changes of the Komodo on Tuesdays is large.

Komodo increased in value on an average Wednesday only slightly. The average increase in value of the Komodo was 0.13%. 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 (0.50%). This means that on 68 percent of the Wednesdays, the change in price of the Komodo is expected to be in the range of -0.37% and 0.63%.

Komodo increased in value on an average Thursday only slightly. The average increase in value of the Komodo was 0.13%. 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 (0.52%). This means that on 68 percent of the Thursdays, the change in price of the Komodo is expected to be in the range of -0.39% and 0.65%.

The Komodo declines in value on an average Friday with -1.04%. However, the uncertainty (or standard deviation) is quite large, namely 1.86%. This means that it is not possible to say whether on a regular Friday the Komodo will increase or decrease in value.

Historical performance on Saturday 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 Saturday with 0.70%. However, the uncertainty of this increase is high. The expected change in value of the Komodo on a Saturday is between -0.06% and 1.45% (see also the table below).

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 0.55% 0.96% -0.42% to 1.51%
Monday -0.40% 0.81% -1.22% to 0.41%
Tuesday -0.66% 0.74% -1.40% to 0.08%
Wednesday 0.13% 0.50% -0.37% to 0.63%
Thursday 0.13% 0.52% -0.39% to 0.65%
Friday -1.04% 1.86% -2.90% to 0.82%
Saturday 0.70% 0.76% -0.06% to 1.45%
 

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