Golem (GNT)

Current price: $ 0.28

24 hours price change: $ 0.000424 (0.15%)

Daily analysis of Golem (GNT) - 6 months

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 6 months, starting on November 18th, 2020 to May 18th, 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 11/18/2020 and 05/18/2021.

According to the performance of Golem between November 18th, 2020 and May 18th, 2021, Golem performed the best on Fridays. On average, the price of Golem increased 0.49% on Friday.

The weekday on which the Golem performed the worst, is Sunday. On Sundays, the Golem declined in value on average by -0.11%.

Golem weekday performance

It is hard to tell whether the Golem will increase or decrease in value on an average Sunday. The average change on a Sunday for the Golem is -0.11%. However, the standard deviation on this weekday is 1.27%. This means that on most Sundays, the change in value of the Golem is between -1.38% and 1.16%.

On an average Monday, the Golem increased 0.36%. However, since the expected deviation is 2.81%, the Golem will decline in value on a Monday quiet regularly. The expected price change of the Golem on a Monday is between -2.45% and 3.17%.

On an average Tuesday, the Golem increased 0.38%. However, since the expected deviation is 2.76%, the Golem will decline in value on a Tuesday quiet regularly. The expected price change of the Golem on a Tuesday is between -2.38% and 3.14%.

Golem increased in value on an average Wednesday only slightly. The average increase in value of the Golem was 0.23%. 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 (3.67%). This means that on 68 percent of the Wednesdays, the change in price of the Golem is expected to be in the range of -3.44% and 3.89%.

Golem increased in value on an average Thursday only slightly. The average increase in value of the Golem was 0.14%. 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 (1.88%). This means that on 68 percent of the Thursdays, the change in price of the Golem is expected to be in the range of -1.74% and 2.01%.

On an average Friday, the Golem increased 0.49%. However, since the expected deviation is 2.62%, the Golem will decline in value on a Friday quiet regularly. The expected price change of the Golem on a Friday is between -2.12% and 3.11%.

Golem increased in value on an average Saturday only slightly. The average increase in value of the Golem was 0.24%. 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 (1.08%). This means that on 68 percent of the Saturdays, the change in price of the Golem is expected to be in the range of -0.84% and 1.32%.

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 -0.11% 1.27% -1.38% to 1.16%
Monday 0.36% 2.81% -2.45% to 3.17%
Tuesday 0.38% 2.76% -2.38% to 3.14%
Wednesday 0.23% 3.67% -3.44% to 3.89%
Thursday 0.14% 1.88% -1.74% to 2.01%
Friday 0.49% 2.62% -2.12% to 3.11%
Saturday 0.24% 1.08% -0.84% to 1.32%
 

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