Nano (NANO)

Current price: $ 4.83

24 hours price change: $ 4.83 (inf%)

Daily analysis of Nano (NANO) - 1 year

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 year, starting on February 28th, 2020 to February 25th, 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 02/28/2020 and 02/25/2021.

According to the performance of Nano between February 28th, 2020 and February 25th, 2021, Nano performed the best on Wednesdays. On average, the price of Nano increased 0.42% on Wednesday.

The weekday on which the Nano performed the worst, is Tuesday. On Tuesdays, the Nano declined in value on average by -0.59%.

Nano weekday performance

Allthough the Nano decreases in value with -0.36% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Nano on Sundays is 1.39%. This means that the expected change of the value of Nano is between -1.75% and 1.02% on 68 out of 100 Sundays.

Allthough the Nano decreases in value with -0.41% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Nano on Mondays is 1.47%. This means that the expected change of the value of Nano is between -1.88% and 1.06% on 68 out of 100 Mondays.

Allthough the Nano decreases in value with -0.59% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Nano on Tuesdays is 2.05%. This means that the expected change of the value of Nano is between -2.63% and 1.46% on 68 out of 100 Tuesdays.

On an average Wednesday, the Nano increased 0.42%. However, since the expected deviation is 5.30%, the Nano will decline in value on a Wednesday quiet regularly. The expected price change of the Nano on a Wednesday is between -4.88% and 5.72%.

Nano increased in value on an average Thursday 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 (2.37%). This means that on 68 percent of the Thursdays, the change in price of the Nano is expected to be in the range of -2.23% and 2.51%.

Allthough the Nano decreases in value with -0.31% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Nano on Fridays is 1.71%. This means that the expected change of the value of Nano is between -2.02% and 1.40% on 68 out of 100 Fridays.

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 0.00%. However, the standard deviation on this weekday is 1.57%. This means that on most Saturdays, the change in value of the Nano is between -1.58% and 1.57%.

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 -0.36% 1.39% -1.75% to 1.02%
Monday -0.41% 1.47% -1.88% to 1.06%
Tuesday -0.59% 2.05% -2.63% to 1.46%
Wednesday 0.42% 5.30% -4.88% to 5.72%
Thursday 0.14% 2.37% -2.23% to 2.51%
Friday -0.31% 1.71% -2.02% to 1.40%
Saturday 0.00% 1.57% -1.58% to 1.57%
 

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