Karatgold Coin (KBC)

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Daily analysis of Karatgold Coin (KBC) - 1 year

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 year, starting on February 28th, 2020 to February 25th, 2021.

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 02/28/2020 and 02/25/2021.

According to the performance of Karatgold Coin between February 28th, 2020 and February 25th, 2021, Karatgold Coin performed the best on Wednesdays. On average, the price of Karatgold Coin increased 0.40% on Wednesday.

The weekday on which the Karatgold Coin performed the worst, is Monday. On Mondays, the Karatgold Coin declined in value on average by -0.42%.

Karatgold Coin weekday performance

Karatgold Coin increased in value on an average Sunday only slightly. The average increase in value of the Karatgold Coin was 0.28%. Allthough the Karatgold Coin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (2.61%). This means that on 68 percent of the Sundays, the change in price of the Karatgold Coin is expected to be in the range of -2.33% and 2.90%.

Allthough the Karatgold Coin decreases in value with -0.42% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Karatgold Coin on Mondays is 2.71%. This means that the expected change of the value of Karatgold Coin is between -3.13% and 2.29% on 68 out of 100 Mondays.

It is hard to tell whether the Karatgold Coin will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Karatgold Coin is -0.17%. However, the standard deviation on this weekday is 2.74%. This means that on most Tuesdays, the change in value of the Karatgold Coin is between -2.91% and 2.57%.

On an average Wednesday, the Karatgold Coin increased 0.40%. However, since the expected deviation is 5.11%, the Karatgold Coin will decline in value on a Wednesday quiet regularly. The expected price change of the Karatgold Coin on a Wednesday is between -4.71% and 5.52%.

It is hard to tell whether the Karatgold Coin will increase or decrease in value on an average Thursday. The average change on a Thursday for the Karatgold Coin is -0.08%. However, the standard deviation on this weekday is 3.52%. This means that on most Thursdays, the change in value of the Karatgold Coin is between -3.60% and 3.45%.

Karatgold Coin increased in value on an average Friday only slightly. The average increase in value of the Karatgold Coin was 0.18%. Allthough the Karatgold Coin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (4.11%). This means that on 68 percent of the Fridays, the change in price of the Karatgold Coin is expected to be in the range of -3.93% and 4.30%.

Karatgold Coin increased in value on an average Saturday only slightly. The average increase in value of the Karatgold Coin was 0.28%. Allthough the Karatgold Coin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (7.38%). This means that on 68 percent of the Saturdays, the change in price of the Karatgold Coin is expected to be in the range of -7.09% and 7.66%.

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 0.28% 2.61% -2.33% to 2.90%
Monday -0.42% 2.71% -3.13% to 2.29%
Tuesday -0.17% 2.74% -2.91% to 2.57%
Wednesday 0.40% 5.11% -4.71% to 5.52%
Thursday -0.08% 3.52% -3.60% to 3.45%
Friday 0.18% 4.11% -3.93% to 4.30%
Saturday 0.28% 7.38% -7.09% to 7.66%
 

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