Karatgold Coin (KBC)

Current price: $ 0.001360

24 hours price change: - (-)

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 September 4th, 2020 to March 4th, 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 09/04/2020 and 03/04/2021.

According to the performance of Karatgold Coin between September 4th, 2020 and March 4th, 2021, Karatgold Coin performed the best on Wednesdays. On average, the price of Karatgold Coin increased 1.16% 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 -1.02%.

Karatgold Coin weekday performance

On Sundays, the Karatgold Coin decreases in value on average with -0.60%. On most of the Sundays the Karatgold Coin decreases in value between -2.73% and 1.52%. The uncertainty (2.12%) is higher than the average decline percentage (-0.60%). Therefore, expected range of price changes of the Karatgold Coin on Sundays is large.

The Karatgold Coin declines in value on an average Monday with -1.02%. However, the uncertainty (or standard deviation) is quite large, namely 3.53%. This means that it is not possible to say whether on a regular Monday the Karatgold Coin will increase or decrease in value.

Karatgold Coin increased in value on an average Tuesday 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 (0.02%). This means that on 68 percent of the Tuesdays, the change in price of the Karatgold Coin is expected to be in the range of -0.01% and 0.02%.

On an average Wednesday the Karatgold Coin shows an increase in value of 1.16%. However, the change of Karatgold Coin on most of the Wednesdays is between -5.80% and 8.12%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Karatgold Coins.

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 -0.10%. However, the standard deviation on this weekday is 4.59%. This means that on most Thursdays, the change in value of the Karatgold Coin is between -4.70% and 4.49%.

Karatgold Coin increased in value on an average Friday only slightly. The average increase in value of the Karatgold Coin was 0.06%. 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 (5.96%). 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 -5.90% and 6.02%.

Historical performance on Saturday 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 Saturday with 0.72%. However, the uncertainty of this increase is high. The expected change in value of the Karatgold Coin on a Saturday is between -9.66% and 11.11% (see also the table below).

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 -0.60% 2.12% -2.73% to 1.52%
Monday -1.02% 3.53% -4.55% to 2.51%
Tuesday 0.00% 0.02% -0.01% to 0.02%
Wednesday 1.16% 6.96% -5.80% to 8.12%
Thursday -0.10% 4.59% -4.70% to 4.49%
Friday 0.06% 5.96% -5.90% to 6.02%
Saturday 0.72% 10.39% -9.66% to 11.11%
 

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