Nano (NANO)

Current price: $ 8.77

24 hours price change: $ -0.94 (-9.67%)

Daily analysis of Nano (NANO) - 1 month

The performance of Nano regarding the price differs every day. To make the best decision to buy Nano, we are analysis in this article the performance of Nano on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on April 11th, 2021 to May 11th, 2021.

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

Average daily change in price of Nano per weekday between 04/11/2021 and 05/11/2021.

According to the performance of Nano between April 11th, 2021 and May 11th, 2021, Nano performed the best on Mondays. On average, the price of Nano increased 2.33% on Monday.

The weekday on which the Nano performed the worst, is Wednesday. On Wednesdays, the Nano declined in value on average by -1.28%.

Nano weekday performance

Nano increased in value on an average Sunday only slightly. The average increase in value of the Nano was 0.14%. Allthough the Nano closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.27%). This means that on 68 percent of the Sundays, the change in price of the Nano is expected to be in the range of -0.13% and 0.41%.

On an average Monday the Nano shows an increase in value of 2.33%. However, the change of Nano on most of the Mondays is between -2.50% and 7.16%. Therefore it is hard to tell whether an average Monday is a good day to start buying Nanos.

On an average Tuesday, the Nano increased 0.39%. However, since the expected deviation is 0.85%, the Nano will decline in value on a Tuesday quiet regularly. The expected price change of the Nano on a Tuesday is between -0.46% and 1.23%.

The Nano declines in value on an average Wednesday with -1.28%. However, the uncertainty (or standard deviation) is quite large, namely 2.16%. This means that it is not possible to say whether on a regular Wednesday the Nano will increase or decrease in value.

Allthough the Nano decreases in value with -0.44% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Nano on Thursdays is 1.35%. This means that the expected change of the value of Nano is between -1.79% and 0.90% on 68 out of 100 Thursdays.

On an average Friday the Nano shows an increase in value of 1.59%. However, the change of Nano on most of the Fridays is between -1.08% and 4.27%. Therefore it is hard to tell whether an average Friday is a good day to start buying Nanos.

It is hard to tell whether the Nano will increase or decrease in value on an average Saturday. The average change on a Saturday for the Nano is -0.03%. However, the standard deviation on this weekday is 0.07%. This means that on most Saturdays, the change in value of the Nano is between -0.10% and 0.03%.

Nano weekday performance details

Find below the details of the performance of Nano 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% 0.27% -0.13% to 0.41%
Monday 2.33% 4.83% -2.50% to 7.16%
Tuesday 0.39% 0.85% -0.46% to 1.23%
Wednesday -1.28% 2.16% -3.44% to 0.89%
Thursday -0.44% 1.35% -1.79% to 0.90%
Friday 1.59% 2.67% -1.08% to 4.27%
Saturday -0.03% 0.07% -0.10% to 0.03%
 

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