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 year, starting on August 16th, 2021 to December 1st, 2021.
In the barchart below, the weekdays and average performance of Golem are shown side by side.
According to the performance of Golem between August 16th, 2021 and December 1st, 2021, Golem performed the best on Wednesdays. On average, the price of Golem increased 1.10% on Wednesday.
The weekday on which the Golem performed the worst, is Thursday. On Thursdays, the Golem declined in value on average by -0.34%.
Golem weekday performance
Historical performance on Sunday 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 Sunday with 0.61%. However, the uncertainty of this increase is high. The expected change in value of the Golem on a Sunday is between -1.70% and 2.93% (see also the table below).
Golem increased in value on an average Monday only slightly. The average increase in value of the Golem was 0.10%. 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 (1.43%). This means that on 68 percent of the Mondays, the change in price of the Golem is expected to be in the range of -1.33% and 1.53%.
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 -0.01%. However, the standard deviation on this weekday is 1.66%. This means that on most Tuesdays, the change in value of the Golem is between -1.67% and 1.64%.
On an average Wednesday the Golem shows an increase in value of 1.10%. However, the change of Golem on most of the Wednesdays is between -2.57% and 4.78%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Golems.
Allthough the Golem decreases in value with -0.34% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Golem on Thursdays is 3.66%. This means that the expected change of the value of Golem is between -4.00% and 3.31% on 68 out of 100 Thursdays.
Historical performance on Friday 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 Friday with 0.81%. However, the uncertainty of this increase is high. The expected change in value of the Golem on a Friday is between -0.74% and 2.35% (see also the table below).
It is hard to tell whether the Golem will increase or decrease in value on an average Saturday. The average change on a Saturday for the Golem is -0.05%. However, the standard deviation on this weekday is 1.68%. This means that on most Saturdays, the change in value of the Golem is between -1.73% and 1.63%.
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||0.61%||2.32%||-1.70% to 2.93%|
|Monday||0.10%||1.43%||-1.33% to 1.53%|
|Tuesday||-0.01%||1.66%||-1.67% to 1.64%|
|Wednesday||1.10%||3.67%||-2.57% to 4.78%|
|Thursday||-0.34%||3.66%||-4.00% to 3.31%|
|Friday||0.81%||1.55%||-0.74% to 2.35%|
|Saturday||-0.05%||1.68%||-1.73% to 1.63%|