KuCoin Shares (KCS)

Current price: $ 14.73

24 hours price change: $ -3.55 (-19.42%)

Daily analysis of KuCoin Shares (KCS) - 6 months

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 6 months, starting on July 22nd, 2021 to January 22nd, 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 07/22/2021 and 01/22/2022.

According to the performance of KuCoin Shares between July 22nd, 2021 and January 22nd, 2022, KuCoin Shares performed the best on Fridays. On average, the price of KuCoin Shares increased 0.74% on Friday.

The weekday on which the KuCoin Shares performed the worst, is Tuesday. On Tuesdays, the KuCoin Shares declined in value on average by -0.41%.

KuCoin Shares weekday performance

It is hard to tell whether the KuCoin Shares will increase or decrease in value on an average Sunday. The average change on a Sunday for the KuCoin Shares is -0.05%. However, the standard deviation on this weekday is 1.03%. This means that on most Sundays, the change in value of the KuCoin Shares is between -1.08% and 0.98%.

On an average Monday, the KuCoin Shares increased 0.40%. However, since the expected deviation is 1.86%, the KuCoin Shares will decline in value on a Monday quiet regularly. The expected price change of the KuCoin Shares on a Monday is between -1.46% and 2.26%.

Allthough the KuCoin Shares decreases in value with -0.41% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of KuCoin Shares on Tuesdays is 2.96%. This means that the expected change of the value of KuCoin Shares is between -3.36% and 2.55% on 68 out of 100 Tuesdays.

On an average Wednesday, the KuCoin Shares increased 0.31%. However, since the expected deviation is 1.10%, 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 -0.80% and 1.41%.

KuCoin Shares increased in value on an average Thursday only slightly. The average increase in value of the KuCoin Shares was 0.18%. 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 (3.04%). This means that on 68 percent of the Thursdays, the change in price of the KuCoin Shares is expected to be in the range of -2.85% and 3.22%.

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 0.74%. However, the uncertainty of this increase is high. The expected change in value of the KuCoin Shares on a Friday is between -1.46% and 2.95% (see also the table below).

It is hard to tell whether the KuCoin Shares will increase or decrease in value on an average Saturday. The average change on a Saturday for the KuCoin Shares is -0.01%. However, the standard deviation on this weekday is 1.21%. This means that on most Saturdays, the change in value of the KuCoin Shares is between -1.22% and 1.20%.

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 -0.05% 1.03% -1.08% to 0.98%
Monday 0.40% 1.86% -1.46% to 2.26%
Tuesday -0.41% 2.96% -3.36% to 2.55%
Wednesday 0.31% 1.10% -0.80% to 1.41%
Thursday 0.18% 3.04% -2.85% to 3.22%
Friday 0.74% 2.21% -1.46% to 2.95%
Saturday -0.01% 1.21% -1.22% to 1.20%
 

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