KuCoin Shares (KCS)

Current price: $ 14.38

24 hours price change: $ -1.14 (-7.35%)

Daily analysis of KuCoin Shares (KCS) - 1 month

The performance of KuCoin Shares regarding the price differs every day. To make the best decision to buy KuCoin Shares, we are analysis in this article the performance of KuCoin Shares on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on December 24th, 2021 to January 24th, 2022.

In the barchart below, the weekdays and average performance of KuCoin Shares are shown side by side.

Average daily change in price of KuCoin Shares per weekday between 12/24/2021 and 01/24/2022.

According to the performance of KuCoin Shares between December 24th, 2021 and January 24th, 2022, KuCoin Shares performed the best on Saturdays. On average, the price of KuCoin Shares increased 0.94% on Saturday.

The weekday on which the KuCoin Shares performed the worst, is Monday. On Mondays, the KuCoin Shares declined in value on average by -0.58%.

KuCoin Shares weekday performance

KuCoin Shares increased in value on an average Sunday only slightly. The average increase in value of the KuCoin Shares was 0.12%. Allthough the KuCoin Shares closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.63%). This means that on 68 percent of the Sundays, the change in price of the KuCoin Shares is expected to be in the range of -0.51% and 0.75%.

Allthough the KuCoin Shares decreases in value with -0.58% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of KuCoin Shares on Mondays is 0.51%. This means that the expected change of the value of KuCoin Shares is between -1.09% and -0.07% on 68 out of 100 Mondays.

It is hard to tell whether the KuCoin Shares will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the KuCoin Shares is -0.29%. However, the standard deviation on this weekday is 0.47%. This means that on most Tuesdays, the change in value of the KuCoin Shares is between -0.76% and 0.19%.

On an average Wednesday, the KuCoin Shares increased 0.32%. However, since the expected deviation is 0.34%, the KuCoin Shares will decline in value on a Wednesday quiet regularly. The expected price change of the KuCoin Shares on a Wednesday is between -0.03% and 0.66%.

On an average Thursday, the KuCoin Shares increased 0.34%. However, since the expected deviation is 1.15%, the KuCoin Shares will decline in value on a Thursday quiet regularly. The expected price change of the KuCoin Shares on a Thursday is between -0.81% and 1.50%.

Historical performance on Friday do not show an increase in value of the KuCoin Shares on which a prediction can be made. The KuCoin Shares increased in value on average on an average Friday with 0.65%. However, the uncertainty of this increase is high. The expected change in value of the KuCoin Shares on a Friday is between -0.37% and 1.66% (see also the table below).

The expected range of change of the KuCoin Shares for an average Saturday is between 0.56% and 1.31%. This is the result of an average increase in value of 0.94% and a standard deviation of %STANDARD_DEVIATION%}. This expected increase of value is calculated over the last 1 month.

KuCoin Shares weekday performance details

Find below the details of the performance of KuCoin Shares 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 0.12% 0.63% -0.51% to 0.75%
Monday -0.58% 0.51% -1.09% to -0.07%
Tuesday -0.29% 0.47% -0.76% to 0.19%
Wednesday 0.32% 0.34% -0.03% to 0.66%
Thursday 0.34% 1.15% -0.81% to 1.50%
Friday 0.65% 1.02% -0.37% to 1.66%
Saturday 0.94% 0.37% 0.56% to 1.31%
 

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