MCO (MCO)

Current price: $ 21.49

24 hours price change: $ 0.96 (4.68%)

Daily analysis of MCO (MCO) - all

The performance of MCO regarding the price differs every day. To make the best decision to buy MCO, we are analysis in this article the performance of MCO on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on December 18th, 2016 to May 11th, 2021.

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

Average daily change in price of MCO per weekday between 12/18/2016 and 05/11/2021.

According to the performance of MCO between December 18th, 2016 and May 11th, 2021, MCO performed the best on Fridays. On average, the price of MCO increased 1.24% on Friday.

The weekday on which the MCO performed the worst, is Monday. On Mondays, the MCO declined in value on average by -0.62%.

MCO weekday performance

Historical performance on Sunday do not show an increase in value of the MCO on which a prediction can be made. The MCO increased in value on average on an average Sunday with 0.97%. However, the uncertainty of this increase is high. The expected change in value of the MCO on a Sunday is between -12.53% and 14.46% (see also the table below).

On Mondays, the MCO decreases in value on average with -0.62%. On most of the Mondays the MCO decreases in value between -12.63% and 11.40%. The uncertainty (12.02%) is higher than the average decline percentage (-0.62%). Therefore, expected range of price changes of the MCO on Mondays is large.

MCO increased in value on an average Tuesday only slightly. The average increase in value of the MCO was 0.24%. Allthough the MCO closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (14.36%). This means that on 68 percent of the Tuesdays, the change in price of the MCO is expected to be in the range of -14.12% and 14.61%.

On an average Wednesday, the MCO increased 0.52%. However, since the expected deviation is 18.03%, the MCO will decline in value on a Wednesday quiet regularly. The expected price change of the MCO on a Wednesday is between -17.51% and 18.54%.

On an average Thursday, the MCO increased 0.50%. However, since the expected deviation is 10.43%, the MCO will decline in value on a Thursday quiet regularly. The expected price change of the MCO on a Thursday is between -9.93% and 10.94%.

On an average Friday the MCO shows an increase in value of 1.24%. However, the change of MCO on most of the Fridays is between -7.22% and 9.71%. Therefore it is hard to tell whether an average Friday is a good day to start buying MCOs.

Historical performance on Saturday do not show an increase in value of the MCO on which a prediction can be made. The MCO increased in value on average on an average Saturday with 0.70%. However, the uncertainty of this increase is high. The expected change in value of the MCO on a Saturday is between -7.28% and 8.69% (see also the table below).

MCO weekday performance details

Find below the details of the performance of MCO 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 0.97% 13.49% -12.53% to 14.46%
Monday -0.62% 12.02% -12.63% to 11.40%
Tuesday 0.24% 14.36% -14.12% to 14.61%
Wednesday 0.52% 18.03% -17.51% to 18.54%
Thursday 0.50% 10.43% -9.93% to 10.94%
Friday 1.24% 8.46% -7.22% to 9.71%
Saturday 0.70% 7.98% -7.28% to 8.69%
 

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