Karatgold Coin (KBC)

Current price: $ 0.003830

24 hours price change: $ 0.000034 (0.91%)

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 July 9th, 2019 to July 8th, 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 07/09/2019 and 07/08/2020.

According to the performance of Karatgold Coin between July 9th, 2019 and July 8th, 2020, Karatgold Coin performed the best on Sundays. On average, the price of Karatgold Coin increased 1.21% on Sunday.

The weekday on which the Karatgold Coin performed the worst, is Friday. On Fridays, the Karatgold Coin declined in value on average by -0.96%.

Karatgold Coin weekday performance

On an average Sunday the Karatgold Coin shows an increase in value of 1.21%. However, the change of Karatgold Coin on most of the Sundays is between -7.24% and 9.66%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Karatgold Coins.

On Mondays, the Karatgold Coin decreases in value on average with -0.86%. On most of the Mondays the Karatgold Coin decreases in value between -7.20% and 5.48%. The uncertainty (6.34%) is higher than the average decline percentage (-0.86%). Therefore, expected range of price changes of the Karatgold Coin on Mondays is large.

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 -0.19%. However, the standard deviation on this weekday is 4.81%. This means that on most Tuesdays, the change in value of the Karatgold Coin is between -5.01% and 4.62%.

Historical performance on Wednesday do not show an increase in value of the Karatgold Coin on which a prediction can be made. The Karatgold Coin increased in value on average on an average Wednesday with 0.61%. However, the uncertainty of this increase is high. The expected change in value of the Karatgold Coin on a Wednesday is between -6.01% and 7.23% (see also the table below).

On an average Thursday, the Karatgold Coin increased 0.44%. However, since the expected deviation is 4.27%, the Karatgold Coin will decline in value on a Thursday quiet regularly. The expected price change of the Karatgold Coin on a Thursday is between -3.84% and 4.71%.

On Fridays, the Karatgold Coin decreases in value on average with -0.96%. On most of the Fridays the Karatgold Coin decreases in value between -6.58% and 4.66%. The uncertainty (5.62%) is higher than the average decline percentage (-0.96%). Therefore, expected range of price changes of the Karatgold Coin on Fridays is large.

Karatgold Coin increased in value on an average Saturday only slightly. The average increase in value of the Karatgold Coin was 0.00%. 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 (8.01%). 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 -8.01% and 8.02%.

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 1.21% 8.45% -7.24% to 9.66%
Monday -0.86% 6.34% -7.20% to 5.48%
Tuesday -0.19% 4.81% -5.01% to 4.62%
Wednesday 0.61% 6.62% -6.01% to 7.23%
Thursday 0.44% 4.27% -3.84% to 4.71%
Friday -0.96% 5.62% -6.58% to 4.66%
Saturday 0.00% 8.01% -8.01% to 8.02%
 

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