Karatgold Coin (KBC)

Current price: $ 0.003791

24 hours price change: $ -0.000002 (-0.06%)

Daily analysis of Karatgold Coin (KBC) - 6 months

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 6 months, starting on January 5th, 2020 to July 5th, 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 01/05/2020 and 07/05/2020.

According to the performance of Karatgold Coin between January 5th, 2020 and July 5th, 2020, Karatgold Coin performed the best on Sundays. On average, the price of Karatgold Coin increased 1.81% 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 -1.22%.

Karatgold Coin weekday performance

On an average Sunday the Karatgold Coin shows an increase in value of 1.81%. However, the change of Karatgold Coin on most of the Sundays is between -4.24% and 7.86%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Karatgold Coins.

On an average Monday, the Karatgold Coin increased 0.36%. However, since the expected deviation is 5.29%, 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 -4.93% and 5.65%.

On an average Tuesday the Karatgold Coin shows an increase in value of 1.50%. However, the change of Karatgold Coin on most of the Tuesdays is between -2.77% and 5.78%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Karatgold Coins.

Allthough the Karatgold Coin decreases in value with -0.34% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Karatgold Coin on Wednesdays is 5.40%. This means that the expected change of the value of Karatgold Coin is between -5.74% and 5.07% on 68 out of 100 Wednesdays.

Historical performance on Thursday 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 Thursday with 0.74%. However, the uncertainty of this increase is high. The expected change in value of the Karatgold Coin on a Thursday is between -2.70% and 4.18% (see also the table below).

The Karatgold Coin declines in value on an average Friday with -1.22%. However, the uncertainty (or standard deviation) is quite large, namely 5.43%. This means that it is not possible to say whether on a regular Friday the Karatgold Coin will increase or decrease in value.

Allthough the Karatgold Coin decreases in value with -0.60% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Karatgold Coin on Saturdays is 1.36%. This means that the expected change of the value of Karatgold Coin is between -1.96% and 0.76% on 68 out of 100 Saturdays.

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 1.81% 6.05% -4.24% to 7.86%
Monday 0.36% 5.29% -4.93% to 5.65%
Tuesday 1.50% 4.28% -2.77% to 5.78%
Wednesday -0.34% 5.40% -5.74% to 5.07%
Thursday 0.74% 3.44% -2.70% to 4.18%
Friday -1.22% 5.43% -6.64% to 4.21%
Saturday -0.60% 1.36% -1.96% to 0.76%
 

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