MCO (MCO)

Current price: $ 7.43

24 hours price change: $ 0.19 (2.63%)

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 December 26th, 2021 to January 26th, 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 12/26/2021 and 01/26/2022.

According to the performance of MCO between December 26th, 2021 and January 26th, 2022, MCO performed the best on Saturdays. On average, the price of MCO increased 0.52% on Saturday.

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

MCO weekday performance

MCO increased in value on an average Sunday only slightly. The average increase in value of the MCO was 0.14%. 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 (0.40%). This means that on 68 percent of the Sundays, the change in price of the MCO is expected to be in the range of -0.26% and 0.54%.

Allthough the MCO decreases in value with -0.58% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of MCO on Mondays is 0.22%. This means that the expected change of the value of MCO is between -0.80% and -0.37% on 68 out of 100 Mondays.

On Tuesdays, the MCO decreases in value on average with -0.62%. On most of the Tuesdays the MCO decreases in value between -1.22% and -0.02%. The uncertainty (0.60%) is higher than the average decline percentage (-0.62%). Therefore, expected range of price changes of the MCO on Tuesdays is large.

MCO increased in value on an average Wednesday only slightly. The average increase in value of the MCO was 0.19%. 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 (0.45%). This means that on 68 percent of the Wednesdays, the change in price of the MCO is expected to be in the range of -0.26% and 0.64%.

MCO increased in value on an average Thursday only slightly. The average increase in value of the MCO was 0.13%. 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 (0.26%). This means that on 68 percent of the Thursdays, the change in price of the MCO is expected to be in the range of -0.12% and 0.39%.

On an average Friday, the MCO increased 0.35%. However, since the expected deviation is 0.72%, the MCO will decline in value on a Friday quiet regularly. The expected price change of the MCO on a Friday is between -0.36% and 1.07%.

The average increase of the MCO on an average Saturday is 0.52%. This is a small increase, however, the expected change of the MCO in 95% of the Saturdays is -0.40% and 1.44%. This means that only on 2.5% (or slightly over 1 Saturday per year) the expected change of the MCO is below -0.40%. On the other hand, you would not have to expect that the change on a single Saturday will be above 1.44%. This will also only happen on 2.5% of the Saturdays. On 68% of the Saturdays, the increase of the MCO will be in the range of 0.06% and 0.98%.

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 0.14% 0.40% -0.26% to 0.54%
Monday -0.58% 0.22% -0.80% to -0.37%
Tuesday -0.62% 0.60% -1.22% to -0.02%
Wednesday 0.19% 0.45% -0.26% to 0.64%
Thursday 0.13% 0.26% -0.12% to 0.39%
Friday 0.35% 0.72% -0.36% to 1.07%
Saturday 0.52% 0.46% 0.06% to 0.98%
 

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