Golem (GNT)

Current price: $ 0.34

24 hours price change: $ 0.02 (7.80%)

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 August 25th, 2020 to February 25th, 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 08/25/2020 and 02/25/2021.

According to the performance of Golem between August 25th, 2020 and February 25th, 2021, Golem performed the best on Fridays. On average, the price of Golem increased 0.35% on Friday.

The weekday on which the Golem performed the worst, is Monday. On Mondays, the Golem declined in value on average by -0.14%.

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 -0.03%. However, the standard deviation on this weekday is 1.23%. This means that on most Sundays, the change in value of the Golem is between -1.26% and 1.21%.

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 -0.14%. However, the standard deviation on this weekday is 1.96%. This means that on most Mondays, the change in value of the Golem is between -2.11% and 1.82%.

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 2.90%. This means that on most Tuesdays, the change in value of the Golem is between -2.91% and 2.89%.

Golem increased in value on an average Wednesday only slightly. The average increase in value of the Golem was 0.25%. 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 (3.59%). This means that on 68 percent of the Wednesdays, the change in price of the Golem is expected to be in the range of -3.34% and 3.84%.

On an average Thursday, the Golem increased 0.32%. However, since the expected deviation is 1.71%, the Golem will decline in value on a Thursday quiet regularly. The expected price change of the Golem on a Thursday is between -1.39% and 2.04%.

On an average Friday, the Golem increased 0.35%. However, since the expected deviation is 1.48%, the Golem will decline in value on a Friday quiet regularly. The expected price change of the Golem on a Friday is between -1.13% and 1.83%.

On an average Saturday, the Golem increased 0.32%. However, since the expected deviation is 1.08%, the Golem will decline in value on a Saturday quiet regularly. The expected price change of the Golem on a Saturday is between -0.76% and 1.40%.

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% 1.23% -1.26% to 1.21%
Monday -0.14% 1.96% -2.11% to 1.82%
Tuesday -0.01% 2.90% -2.91% to 2.89%
Wednesday 0.25% 3.59% -3.34% to 3.84%
Thursday 0.32% 1.71% -1.39% to 2.04%
Friday 0.35% 1.48% -1.13% to 1.83%
Saturday 0.32% 1.08% -0.76% to 1.40%
 

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