MCO (MCO)

Current price: $ 4.53

24 hours price change: $ 0.08 (1.79%)

Daily analysis of MCO (MCO) - 1 month

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 1 month, starting on August 28th, 2022 to September 28th, 2022.

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 08/28/2022 and 09/28/2022.

According to the performance of MCO between August 28th, 2022 and September 28th, 2022, MCO performed the best on Wednesdays. On average, the price of MCO increased 0.41% on Wednesday.

The weekday on which the MCO performed the worst, is Thursday. On Thursdays, the MCO declined in value on average by 0.00%.

MCO weekday performance

MCO increased in value on an average Sunday only slightly. The average increase in value of the MCO was 0.01%. 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 (0.01%). This means that on 68 percent of the Sundays, the change in price of the MCO is expected to be in the range of 0.00% and 0.02%.

It is hard to tell whether the MCO will increase or decrease in value on an average Monday. The average change on a Monday for the MCO is 0.00%. However, the standard deviation on this weekday is 0.06%. This means that on most Mondays, the change in value of the MCO is between -0.06% and 0.06%.

MCO increased in value on an average Tuesday only slightly. The average increase in value of the MCO was 0.01%. 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 (0.04%). This means that on 68 percent of the Tuesdays, the change in price of the MCO is expected to be in the range of -0.03% and 0.05%.

On an average Wednesday, the MCO increased 0.41%. However, since the expected deviation is 0.87%, the MCO will decline in value on a Wednesday quiet regularly. The expected price change of the MCO on a Wednesday is between -0.46% and 1.28%.

It is hard to tell whether the MCO will increase or decrease in value on an average Thursday. The average change on a Thursday for the MCO is 0.00%. However, the standard deviation on this weekday is 0.04%. This means that on most Thursdays, the change in value of the MCO is between -0.04% and 0.03%.

MCO increased in value on an average Friday only slightly. The average increase in value of the MCO was 0.00%. 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 (0.03%). This means that on 68 percent of the Fridays, the change in price of the MCO is expected to be in the range of -0.03% and 0.03%.

MCO increased in value on an average Saturday only slightly. The average increase in value of the MCO was 0.02%. 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 (0.05%). This means that on 68 percent of the Saturdays, the change in price of the MCO is expected to be in the range of -0.03% and 0.07%.

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 0.01% 0.01% 0.00% to 0.02%
Monday 0.00% 0.06% -0.06% to 0.06%
Tuesday 0.01% 0.04% -0.03% to 0.05%
Wednesday 0.41% 0.87% -0.46% to 1.28%
Thursday 0.00% 0.04% -0.04% to 0.03%
Friday 0.00% 0.03% -0.03% to 0.03%
Saturday 0.02% 0.05% -0.03% to 0.07%
 

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