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 year, starting on July 6th, 2019 to July 5th, 2020.
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 07/06/2019 and 07/05/2020.
According to the performance of Komodo between July 6th, 2019 and July 5th, 2020, Komodo performed the best on Wednesdays. On average, the price of Komodo increased 0.41% on Wednesday.
The weekday on which the Komodo performed the worst, is Tuesday. On Tuesdays, the Komodo declined in value on average by -1.08%.
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 -0.02%. However, the standard deviation on this weekday is 2.64%. This means that on most Sundays, the change in value of the Komodo is between -2.65% and 2.62%.
It is hard to tell whether the Komodo will increase or decrease in value on an average Monday. The average change on a Monday for the Komodo is -0.14%. However, the standard deviation on this weekday is 3.26%. This means that on most Mondays, the change in value of the Komodo is between -3.39% and 3.12%.
The Komodo declines in value on an average Tuesday with -1.08%. However, the uncertainty (or standard deviation) is quite large, namely 3.75%. 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 increased 0.41%. However, since the expected deviation is 5.41%, the Komodo will decline in value on a Wednesday quiet regularly. The expected price change of the Komodo on a Wednesday is between -4.99% and 5.82%.
Komodo increased in value on an average Thursday 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 (7.77%). This means that on 68 percent of the Thursdays, the change in price of the Komodo is expected to be in the range of -7.69% and 7.84%.
Allthough the Komodo decreases in value with -0.32% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Komodo on Fridays is 2.98%. This means that the expected change of the value of Komodo is between -3.30% and 2.67% on 68 out of 100 Fridays.
It is hard to tell whether the Komodo will increase or decrease in value on an average Saturday. The average change on a Saturday for the Komodo is -0.09%. However, the standard deviation on this weekday is 3.48%. This means that on most Saturdays, the change in value of the Komodo is between -3.57% and 3.39%.
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 | -0.02% | 2.64% | -2.65% to 2.62% |
| Monday | -0.14% | 3.26% | -3.39% to 3.12% |
| Tuesday | -1.08% | 3.75% | -4.83% to 2.67% |
| Wednesday | 0.41% | 5.41% | -4.99% to 5.82% |
| Thursday | 0.08% | 7.77% | -7.69% to 7.84% |
| Friday | -0.32% | 2.98% | -3.30% to 2.67% |
| Saturday | -0.09% | 3.48% | -3.57% to 3.39% |