Golem (GNT)

Current price: $ 0.24

24 hours price change: $ 0.01 (5.41%)

Daily analysis of Golem (GNT) - 1 month

The performance of Golem regarding the price differs every day. To make the best decision to buy Golem, we are analysis in this article the performance of Golem on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on June 26th, 2021 to July 26th, 2021.

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

Average daily change in price of Golem per weekday between 06/26/2021 and 07/26/2021.

According to the performance of Golem between June 26th, 2021 and July 26th, 2021, Golem performed the best on Sundays. On average, the price of Golem increased 1.47% on Sunday.

The weekday on which the Golem performed the worst, is Wednesday. On Wednesdays, the Golem declined in value on average by -0.61%.

Golem weekday performance

On an average Sunday the Golem shows an increase in value of 1.47%. However, the change of Golem on most of the Sundays is between -1.50% and 4.44%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Golems.

It is hard to tell whether the Golem will increase or decrease in value on an average Monday. The average change on a Monday for the Golem is -0.23%. However, the standard deviation on this weekday is 0.25%. This means that on most Mondays, the change in value of the Golem is between -0.48% and 0.03%.

On an average Tuesday the Golem shows an increase in value of 1.01%. However, the change of Golem on most of the Tuesdays is between -0.77% and 2.79%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Golems.

On Wednesdays, the Golem decreases in value on average with -0.61%. On most of the Wednesdays the Golem decreases in value between -1.61% and 0.39%. The uncertainty (1.00%) is higher than the average decline percentage (-0.61%). Therefore, expected range of price changes of the Golem on Wednesdays is large.

It is hard to tell whether the Golem will increase or decrease in value on an average Thursday. The average change on a Thursday for the Golem is -0.13%. However, the standard deviation on this weekday is 0.09%. This means that on most Thursdays, the change in value of the Golem is between -0.22% and -0.04%.

It is hard to tell whether the Golem will increase or decrease in value on an average Friday. The average change on a Friday for the Golem is -0.02%. However, the standard deviation on this weekday is 0.07%. This means that on most Fridays, the change in value of the Golem is between -0.10% and 0.05%.

On an average Saturday, the Golem increased 0.48%. However, since the expected deviation is 0.89%, the Golem will decline in value on a Saturday quiet regularly. The expected price change of the Golem on a Saturday is between -0.41% and 1.37%.

Golem weekday performance details

Find below the details of the performance of Golem 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 1.47% 2.97% -1.50% to 4.44%
Monday -0.23% 0.25% -0.48% to 0.03%
Tuesday 1.01% 1.78% -0.77% to 2.79%
Wednesday -0.61% 1.00% -1.61% to 0.39%
Thursday -0.13% 0.09% -0.22% to -0.04%
Friday -0.02% 0.07% -0.10% to 0.05%
Saturday 0.48% 0.89% -0.41% to 1.37%
 

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