Maker (MKR)

Current price: $ 2,263.60

24 hours price change: $ 218.91 (10.71%)

Daily analysis of Maker (MKR) - 1 month

The performance of Maker regarding the price differs every day. To make the best decision to buy Maker, we are analysis in this article the performance of Maker on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on January 24th, 2021 to February 24th, 2021.

In the barchart below, the weekdays and average performance of Maker are shown side by side.

Average daily change in price of Maker per weekday between 01/24/2021 and 02/24/2021.

According to the performance of Maker between January 24th, 2021 and February 24th, 2021, Maker performed the best on Fridays. On average, the price of Maker increased 2.36% on Friday.

The weekday on which the Maker performed the worst, is Saturday. On Saturdays, the Maker declined in value on average by -3.25%.

Maker weekday performance

The Maker declines in value on an average Sunday with -2.29%. However, the uncertainty (or standard deviation) is quite large, namely 2.56%. This means that it is not possible to say whether on a regular Sunday the Maker will increase or decrease in value.

On an average Monday, the Maker increased 0.51%. However, since the expected deviation is 4.09%, the Maker will decline in value on a Monday quiet regularly. The expected price change of the Maker on a Monday is between -3.58% and 4.60%.

The Maker declines in value on an average Tuesday with -1.37%. However, the uncertainty (or standard deviation) is quite large, namely 4.49%. This means that it is not possible to say whether on a regular Tuesday the Maker will increase or decrease in value.

On an average Wednesday the Maker shows an increase in value of 1.02%. However, the change of Maker on most of the Wednesdays is between -1.51% and 3.54%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Makers.

On an average Thursday the Maker shows an increase in value of 1.18%. However, the change of Maker on most of the Thursdays is between -0.55% and 2.90%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Makers.

On an average Friday the Maker shows an increase in value of 2.36%. However, the change of Maker on most of the Fridays is between -3.71% and 8.43%. Therefore it is hard to tell whether an average Friday is a good day to start buying Makers.

The decrease in value of the Maker is -3.25% on an average Saturday. The uncertainty of the average change is high for the Maker on Saturdays. This means that it is hard to tell whether the Maker will decrease or increase in value on an average Saturday. If we look at the 68% range of the Maker, we see that on 68% of the Saturdays, the expected change of the Maker is between -6.04% and -0.47%.

Maker weekday performance details

Find below the details of the performance of Maker 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 -2.29% 2.56% -4.85% to 0.27%
Monday 0.51% 4.09% -3.58% to 4.60%
Tuesday -1.37% 4.49% -5.86% to 3.13%
Wednesday 1.02% 2.53% -1.51% to 3.54%
Thursday 1.18% 1.73% -0.55% to 2.90%
Friday 2.36% 6.07% -3.71% to 8.43%
Saturday -3.25% 2.78% -6.04% to -0.47%
 

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