Komodo (KMD)

Current price: $ 0.62

24 hours price change: $ 0.003300 (0.53%)

Daily analysis of Komodo (KMD) - 6 months

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 6 months, starting on July 18th, 2021 to January 18th, 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 07/18/2021 and 01/18/2022.

According to the performance of Komodo between July 18th, 2021 and January 18th, 2022, Komodo performed the best on Fridays. On average, the price of Komodo increased 0.44% on Friday.

The weekday on which the Komodo performed the worst, is Tuesday. On Tuesdays, the Komodo declined in value on average by -0.51%.

Komodo weekday performance

Komodo increased in value on an average Sunday only slightly. The average increase in value of the Komodo was 0.01%. 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 (0.60%). This means that on 68 percent of the Sundays, the change in price of the Komodo is expected to be in the range of -0.59% and 0.61%.

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 -0.10%. However, the standard deviation on this weekday is 0.97%. This means that on most Mondays, the change in value of the Komodo is between -1.07% and 0.88%.

Allthough the Komodo decreases in value with -0.51% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Komodo on Tuesdays is 1.52%. This means that the expected change of the value of Komodo is between -2.03% and 1.01% on 68 out of 100 Tuesdays.

Komodo increased in value on an average Wednesday only slightly. The average increase in value of the Komodo was 0.19%. 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 (0.66%). This means that on 68 percent of the Wednesdays, the change in price of the Komodo is expected to be in the range of -0.47% and 0.85%.

It is hard to tell whether the Komodo will increase or decrease in value on an average Thursday. The average change on a Thursday for the Komodo is -0.02%. However, the standard deviation on this weekday is 2.42%. This means that on most Thursdays, the change in value of the Komodo is between -2.45% and 2.40%.

On an average Friday, the Komodo increased 0.44%. However, since the expected deviation is 2.10%, the Komodo will decline in value on a Friday quiet regularly. The expected price change of the Komodo on a Friday is between -1.66% and 2.54%.

Komodo increased in value on an average Saturday only slightly. The average increase in value of the Komodo was 0.29%. 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 (1.12%). This means that on 68 percent of the Saturdays, the change in price of the Komodo is expected to be in the range of -0.84% and 1.41%.

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 0.01% 0.60% -0.59% to 0.61%
Monday -0.10% 0.97% -1.07% to 0.88%
Tuesday -0.51% 1.52% -2.03% to 1.01%
Wednesday 0.19% 0.66% -0.47% to 0.85%
Thursday -0.02% 2.42% -2.45% to 2.40%
Friday 0.44% 2.10% -1.66% to 2.54%
Saturday 0.29% 1.12% -0.84% to 1.41%
 

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