Karatgold Coin (KBC)

Current price: $ 0.003840

24 hours price change: $ 0.000218 (6.03%)

Daily analysis of Karatgold Coin (KBC) - 1 month

The performance of Karatgold Coin regarding the price differs every day. To make the best decision to buy Karatgold Coin, we are analysis in this article the performance of Karatgold Coin on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on June 12th, 2020 to July 11th, 2020.

In the barchart below, the weekdays and average performance of Karatgold Coin are shown side by side.

Average daily change in price of Karatgold Coin per weekday between 06/12/2020 and 07/11/2020.

According to the performance of Karatgold Coin between June 12th, 2020 and July 11th, 2020, Karatgold Coin performed the best on Mondays. On average, the price of Karatgold Coin increased 0.44% on Monday.

The weekday on which the Karatgold Coin performed the worst, is Thursday. On Thursdays, the Karatgold Coin declined in value on average by -0.87%.

Karatgold Coin weekday performance

Allthough the Karatgold Coin decreases in value with -0.56% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Karatgold Coin on Sundays is 1.96%. This means that the expected change of the value of Karatgold Coin is between -2.52% and 1.40% on 68 out of 100 Sundays.

On an average Monday, the Karatgold Coin increased 0.44%. However, since the expected deviation is 1.24%, the Karatgold Coin will decline in value on a Monday quiet regularly. The expected price change of the Karatgold Coin on a Monday is between -0.81% and 1.68%.

Allthough the Karatgold Coin decreases in value with -0.54% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Karatgold Coin on Tuesdays is 0.88%. This means that the expected change of the value of Karatgold Coin is between -1.42% and 0.34% on 68 out of 100 Tuesdays.

Allthough the Karatgold Coin decreases in value with -0.49% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Karatgold Coin on Wednesdays is 0.65%. This means that the expected change of the value of Karatgold Coin is between -1.14% and 0.17% on 68 out of 100 Wednesdays.

On Thursdays, the Karatgold Coin decreases in value on average with -0.87%. On most of the Thursdays the Karatgold Coin decreases in value between -1.93% and 0.18%. The uncertainty (1.05%) is higher than the average decline percentage (-0.87%). Therefore, expected range of price changes of the Karatgold Coin on Thursdays is large.

It is hard to tell whether the Karatgold Coin will increase or decrease in value on an average Friday. The average change on a Friday for the Karatgold Coin is -0.07%. However, the standard deviation on this weekday is 0.25%. This means that on most Fridays, the change in value of the Karatgold Coin is between -0.32% and 0.18%.

On Saturdays, the Karatgold Coin decreases in value on average with -0.66%. On most of the Saturdays the Karatgold Coin decreases in value between -2.00% and 0.68%. The uncertainty (1.34%) is higher than the average decline percentage (-0.66%). Therefore, expected range of price changes of the Karatgold Coin on Saturdays is large.

Karatgold Coin weekday performance details

Find below the details of the performance of Karatgold Coin 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 -0.56% 1.96% -2.52% to 1.40%
Monday 0.44% 1.24% -0.81% to 1.68%
Tuesday -0.54% 0.88% -1.42% to 0.34%
Wednesday -0.49% 0.65% -1.14% to 0.17%
Thursday -0.87% 1.05% -1.93% to 0.18%
Friday -0.07% 0.25% -0.32% to 0.18%
Saturday -0.66% 1.34% -2.00% to 0.68%
 

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