KuCoin Shares (KCS)

Current price: $ 8.59

24 hours price change: $ 0.53 (6.61%)

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 May 13th, 2021 to June 13th, 2021.

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 05/13/2021 and 06/13/2021.

According to the performance of KuCoin Shares between May 13th, 2021 and June 13th, 2021, KuCoin Shares performed the best on Mondays. On average, the price of KuCoin Shares increased 2.80% on Monday.

The weekday on which the KuCoin Shares performed the worst, is Friday. On Fridays, the KuCoin Shares declined in value on average by -2.55%.

KuCoin Shares weekday performance

On an average Sunday the KuCoin Shares shows an increase in value of 1.18%. However, the change of KuCoin Shares on most of the Sundays is between -1.08% and 3.43%. Therefore it is hard to tell whether an average Sunday is a good day to start buying KuCoin Sharess.

On an average Monday the KuCoin Shares shows an increase in value of 2.80%. However, the change of KuCoin Shares on most of the Mondays is between -1.49% and 7.10%. Therefore it is hard to tell whether an average Monday is a good day to start buying KuCoin Sharess.

KuCoin Shares increased in value on an average Tuesday only slightly. The average increase in value of the KuCoin Shares was 0.07%. 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 (0.43%). This means that on 68 percent of the Tuesdays, the change in price of the KuCoin Shares is expected to be in the range of -0.37% and 0.50%.

On an average Wednesday the KuCoin Shares shows an increase in value of 2.73%. However, the change of KuCoin Shares on most of the Wednesdays is between -1.61% and 7.07%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying KuCoin Sharess.

Historical performance on Thursday 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 Thursday with 0.65%. However, the uncertainty of this increase is high. The expected change in value of the KuCoin Shares on a Thursday is between -0.29% and 1.58% (see also the table below).

The KuCoin Shares declines in value on an average Friday with -2.55%. However, the uncertainty (or standard deviation) is quite large, namely 4.69%. This means that it is not possible to say whether on a regular Friday the KuCoin Shares will increase or decrease in value.

Allthough the KuCoin Shares decreases in value with -0.57% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of KuCoin Shares on Saturdays is 1.48%. This means that the expected change of the value of KuCoin Shares is between -2.05% and 0.91% on 68 out of 100 Saturdays.

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 1.18% 2.25% -1.08% to 3.43%
Monday 2.80% 4.29% -1.49% to 7.10%
Tuesday 0.07% 0.43% -0.37% to 0.50%
Wednesday 2.73% 4.34% -1.61% to 7.07%
Thursday 0.65% 0.93% -0.29% to 1.58%
Friday -2.55% 4.69% -7.24% to 2.14%
Saturday -0.57% 1.48% -2.05% to 0.91%
 

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