Golem (GNT)

Current price: $ 0.05

24 hours price change: $ 0.000727 (1.43%)

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 3rd, 2020 to July 3rd, 2020.

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 06/03/2020 and 07/03/2020.

According to the performance of Golem between June 3rd, 2020 and July 3rd, 2020, Golem performed the best on Thursdays. On average, the price of Golem increased 0.07% on Thursday.

The weekday on which the Golem performed the worst, is Friday. On Fridays, the Golem declined in value on average by -0.19%.

Golem weekday performance

Golem increased in value on an average Sunday only slightly. The average increase in value of the Golem was 0.03%. Allthough the Golem closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.08%). This means that on 68 percent of the Sundays, the change in price of the Golem is expected to be in the range of -0.06% and 0.11%.

The Golem will almost not change or only slightly increase in value on an average Monday. The average change of the Golem on Mondays is 0.07%. The standard deviation of the Golem is 0.04%, which means that in 68% of the Mondays, the range of the change of the Golem is 0.03% and 0.11%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.

It is hard to tell whether the Golem will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Golem is -0.06%. However, the standard deviation on this weekday is 0.08%. This means that on most Tuesdays, the change in value of the Golem is between -0.14% and 0.02%.

It is hard to tell whether the Golem will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Golem is -0.03%. However, the standard deviation on this weekday is 0.08%. This means that on most Wednesdays, the change in value of the Golem is between -0.11% and 0.05%.

Golem increased in value on an average Thursday only slightly. The average increase in value of the Golem was 0.07%. Allthough the Golem closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.11%). This means that on 68 percent of the Thursdays, the change in price of the Golem is expected to be in the range of -0.03% and 0.18%.

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 -0.19%. However, the standard deviation on this weekday is 0.15%. This means that on most Fridays, the change in value of the Golem is between -0.34% and -0.04%.

Golem increased in value on an average Saturday only slightly. The average increase in value of the Golem was 0.01%. Allthough the Golem closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.10%). This means that on 68 percent of the Saturdays, the change in price of the Golem is expected to be in the range of -0.09% and 0.11%.

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 0.03% 0.08% -0.06% to 0.11%
Monday 0.07% 0.04% 0.03% to 0.11%
Tuesday -0.06% 0.08% -0.14% to 0.02%
Wednesday -0.03% 0.08% -0.11% to 0.05%
Thursday 0.07% 0.11% -0.03% to 0.18%
Friday -0.19% 0.15% -0.34% to -0.04%
Saturday 0.01% 0.10% -0.09% to 0.11%
 

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