Golem (GNT)

Current price: $ 0.31

24 hours price change: $ -0.01 (-3.29%)

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 February 4th, 2021 to March 4th, 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 02/04/2021 and 03/04/2021.

According to the performance of Golem between February 4th, 2021 and March 4th, 2021, Golem performed the best on Wednesdays. On average, the price of Golem increased 0.62% on Wednesday.

The weekday on which the Golem performed the worst, is Monday. On Mondays, the Golem declined in value on average by -0.45%.

Golem weekday performance

Golem increased in value on an average Sunday only slightly. The average increase in value of the Golem was 0.21%. 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 (1.91%). This means that on 68 percent of the Sundays, the change in price of the Golem is expected to be in the range of -1.69% and 2.12%.

Allthough the Golem decreases in value with -0.45% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Golem on Mondays is 2.10%. This means that the expected change of the value of Golem is between -2.55% and 1.64% on 68 out of 100 Mondays.

Golem increased in value on an average Tuesday only slightly. The average increase in value of the Golem was 0.29%. 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 (1.41%). This means that on 68 percent of the Tuesdays, the change in price of the Golem is expected to be in the range of -1.12% and 1.71%.

Historical performance on Wednesday do not show an increase in value of the Golem on which a prediction can be made. The Golem increased in value on average on an average Wednesday with 0.62%. However, the uncertainty of this increase is high. The expected change in value of the Golem on a Wednesday is between -1.49% and 2.74% (see also the table below).

On an average Thursday, the Golem increased 0.48%. However, since the expected deviation is 0.69%, the Golem will decline in value on a Thursday quiet regularly. The expected price change of the Golem on a Thursday is between -0.21% and 1.18%.

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 -0.05%. However, the standard deviation on this weekday is 1.05%. This means that on most Fridays, the change in value of the Golem is between -1.10% and 1.01%.

Golem increased in value on an average Saturday only slightly. The average increase in value of the Golem was 0.15%. 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 (0.51%). This means that on 68 percent of the Saturdays, the change in price of the Golem is expected to be in the range of -0.36% and 0.66%.

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 0.21% 1.91% -1.69% to 2.12%
Monday -0.45% 2.10% -2.55% to 1.64%
Tuesday 0.29% 1.41% -1.12% to 1.71%
Wednesday 0.62% 2.12% -1.49% to 2.74%
Thursday 0.48% 0.69% -0.21% to 1.18%
Friday -0.05% 1.05% -1.10% to 1.01%
Saturday 0.15% 0.51% -0.36% to 0.66%
 

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