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 December 24th, 2021 to January 24th, 2022.
In the barchart below, the weekdays and average performance of Maker are shown side by side.
According to the performance of Maker between December 24th, 2021 and January 24th, 2022, Maker performed the best on Saturdays. On average, the price of Maker increased 2.04% on Saturday.
The weekday on which the Maker performed the worst, is Friday. On Fridays, the Maker declined in value on average by -0.72%.
Maker weekday performance
On an average Sunday, the Maker increased 0.46%. However, since the expected deviation is 0.98%, the Maker will decline in value on a Sunday quiet regularly. The expected price change of the Maker on a Sunday is between -0.52% and 1.44%.
Allthough the Maker decreases in value with -0.56% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Maker on Mondays is 0.47%. This means that the expected change of the value of Maker is between -1.03% and -0.10% on 68 out of 100 Mondays.
Maker increased in value on an average Tuesday only slightly. The average increase in value of the Maker was 0.29%. Allthough the Maker 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 Tuesdays, the change in price of the Maker is expected to be in the range of -0.31% and 0.89%.
On an average Wednesday, the Maker increased 0.44%. However, since the expected deviation is 0.56%, the Maker will decline in value on a Wednesday quiet regularly. The expected price change of the Maker on a Wednesday is between -0.11% and 1.00%.
It is hard to tell whether the Maker will increase or decrease in value on an average Thursday. The average change on a Thursday for the Maker is -0.04%. However, the standard deviation on this weekday is 0.32%. This means that on most Thursdays, the change in value of the Maker is between -0.37% and 0.28%.
On Fridays, the Maker decreases in value on average with -0.72%. On most of the Fridays the Maker decreases in value between -1.98% and 0.55%. The uncertainty (1.27%) is higher than the average decline percentage (-0.72%). Therefore, expected range of price changes of the Maker on Fridays is large.
On an average Saturday the Maker shows an increase in value of 2.04%. However, the change of Maker on most of the Saturdays is between -0.49% and 4.56%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Makers.
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||0.46%||0.98%||-0.52% to 1.44%|
|Monday||-0.56%||0.47%||-1.03% to -0.10%|
|Tuesday||0.29%||0.60%||-0.31% to 0.89%|
|Wednesday||0.44%||0.56%||-0.11% to 1.00%|
|Thursday||-0.04%||0.32%||-0.37% to 0.28%|
|Friday||-0.72%||1.27%||-1.98% to 0.55%|
|Saturday||2.04%||2.52%||-0.49% to 4.56%|