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 March 8th, 2020 to March 8th, 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 03/08/2020 and 03/08/2021.
According to the performance of Komodo between March 8th, 2020 and March 8th, 2021, Komodo performed the best on Mondays. On average, the price of Komodo increased 0.50% on Monday.
The weekday on which the Komodo performed the worst, is Thursday. On Thursdays, the Komodo declined in value on average by -0.67%.
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 -0.18%. However, the standard deviation on this weekday is 1.82%. This means that on most Sundays, the change in value of the Komodo is between -2.00% and 1.63%.
On an average Monday, the Komodo increased 0.50%. However, since the expected deviation is 1.84%, the Komodo will decline in value on a Monday quiet regularly. The expected price change of the Komodo on a Monday is between -1.34% and 2.34%.
Allthough the Komodo decreases in value with -0.42% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Komodo on Tuesdays is 1.76%. This means that the expected change of the value of Komodo is between -2.18% and 1.35% on 68 out of 100 Tuesdays.
On an average Wednesday, the Komodo increased 0.47%. However, since the expected deviation is 5.95%, the Komodo will decline in value on a Wednesday quiet regularly. The expected price change of the Komodo on a Wednesday is between -5.49% and 6.42%.
On Thursdays, the Komodo decreases in value on average with -0.67%. On most of the Thursdays the Komodo decreases in value between -7.69% and 6.34%. The uncertainty (7.02%) is higher than the average decline percentage (-0.67%). Therefore, expected range of price changes of the Komodo on Thursdays is large.
On an average Friday, the Komodo increased 0.37%. However, since the expected deviation is 3.87%, the Komodo will decline in value on a Friday quiet regularly. The expected price change of the Komodo on a Friday is between -3.51% and 4.24%.
On an average Saturday, the Komodo increased 0.44%. However, since the expected deviation is 2.67%, the Komodo will decline in value on a Saturday quiet regularly. The expected price change of the Komodo on a Saturday is between -2.23% and 3.12%.
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 | -0.18% | 1.82% | -2.00% to 1.63% |
| Monday | 0.50% | 1.84% | -1.34% to 2.34% |
| Tuesday | -0.42% | 1.76% | -2.18% to 1.35% |
| Wednesday | 0.47% | 5.95% | -5.49% to 6.42% |
| Thursday | -0.67% | 7.02% | -7.69% to 6.34% |
| Friday | 0.37% | 3.87% | -3.51% to 4.24% |
| Saturday | 0.44% | 2.67% | -2.23% to 3.12% |