Golem (GNT)

Current price: $ 0.00000001

24 hours price change: - (-)

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 23rd, 2021 to December 1st, 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 11/23/2021 and 12/01/2021.

According to the performance of Golem between November 23rd, 2021 and December 1st, 2021, Golem performed the best on Sundays. On average, the price of Golem increased 8.09% on Sunday.

The weekday on which the Golem performed the worst, is Saturday. On Saturdays, the Golem declined in value on average by -4.05%.

Golem weekday performance

On Sundays, the average increase of the value of the Golem is very high. The average increase is 8.09%. The standard deviation of the Golem on Sundays is -. This means that on 68% of the Sundays, the Golem increases between 8.09% and 8.09%. The uncertainty is therefore not very high, since on most Sundays, the value of the Golem will increase.

On an average Monday the Golem shows a high increase in value, namely 2.39%. The standard deviation is below the average increase percentage (standard deviation is -), meaning that on 68% of the Mondays the Golem will increase with a percentage between 2.39% and 2.39%. This also means that, on average, on 16 percent of the Mondays, the Golem will increase with a percentage above this range. On the other 16% of the Mondays, the Golem will change with a percentage below the 2.39%.

On an average Tuesday the Golem shows an increase in value of 2.26%. However, the change of Golem on most of the Tuesdays is between - and 4.52%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Golems.

On an average Wednesday the Golem shows an increase in value of 1.58%. However, the change of Golem on most of the Wednesdays is between - and 3.16%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Golems.

The average increase of the Golem on an average Thursday is 0.59%. This is a small increase, however, the expected change of the Golem in 95% of the Thursdays is 0.59% and 0.59%. This means that only on 2.5% (or slightly over 1 Thursday per year) the expected change of the Golem is below 0.59%. On the other hand, you would not have to expect that the change on a single Thursday will be above 0.59%. This will also only happen on 2.5% of the Thursdays. On 68% of the Thursdays, the increase of the Golem will be in the range of 0.59% and 0.59%.

On an average Friday the Golem shows a high increase in value, namely 1.19%. The standard deviation is below the average increase percentage (standard deviation is -), meaning that on 68% of the Fridays the Golem will increase with a percentage between 1.19% and 1.19%. This also means that, on average, on 16 percent of the Fridays, the Golem will increase with a percentage above this range. On the other 16% of the Fridays, the Golem will change with a percentage below the 1.19%.

The decrease in value of the Golem is -4.05% on an average Saturday. The uncertainty of the average change is high for the Golem on Saturdays. This means that it is hard to tell whether the Golem will decrease or increase in value on an average Saturday. If we look at the 68% range of the Golem, we see that on 68% of the Saturdays, the expected change of the Golem is between -4.05% and -4.05%.

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 8.09% - 8.09% to 8.09%
Monday 2.39% - 2.39% to 2.39%
Tuesday 2.26% 2.26% - to 4.52%
Wednesday 1.58% 1.58% - to 3.16%
Thursday 0.59% - 0.59% to 0.59%
Friday 1.19% - 1.19% to 1.19%
Saturday -4.05% - -4.05% to -4.05%
 

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