Kyber Network (KNC)

Current price: $ 1.78

24 hours price change: $ 0.26 (17.23%)

Daily analysis of Kyber Network (KNC) - 1 year

The performance of Kyber Network regarding the price differs every day. To make the best decision to buy Kyber Network, we are analysis in this article the performance of Kyber Network on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 year, starting on July 3rd, 2019 to July 2nd, 2020.

In the barchart below, the weekdays and average performance of Kyber Network are shown side by side.

Average daily change in price of Kyber Network per weekday between 07/03/2019 and 07/02/2020.

According to the performance of Kyber Network between July 3rd, 2019 and July 2nd, 2020, Kyber Network performed the best on Tuesdays. On average, the price of Kyber Network increased 0.51% on Tuesday.

The weekday on which the Kyber Network performed the worst, is Wednesday. On Wednesdays, the Kyber Network declined in value on average by -0.41%.

Kyber Network weekday performance

Kyber Network increased in value on an average Sunday only slightly. The average increase in value of the Kyber Network was 0.13%. Allthough the Kyber Network closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (2.37%). This means that on 68 percent of the Sundays, the change in price of the Kyber Network is expected to be in the range of -2.25% and 2.50%.

It is hard to tell whether the Kyber Network will increase or decrease in value on an average Monday. The average change on a Monday for the Kyber Network is -0.07%. However, the standard deviation on this weekday is 3.67%. This means that on most Mondays, the change in value of the Kyber Network is between -3.73% and 3.60%.

On an average Tuesday, the Kyber Network increased 0.51%. However, since the expected deviation is 4.14%, the Kyber Network will decline in value on a Tuesday quiet regularly. The expected price change of the Kyber Network on a Tuesday is between -3.63% and 4.65%.

Allthough the Kyber Network decreases in value with -0.41% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Kyber Network on Wednesdays is 4.72%. This means that the expected change of the value of Kyber Network is between -5.14% and 4.31% on 68 out of 100 Wednesdays.

On an average Thursday, the Kyber Network increased 0.39%. However, since the expected deviation is 2.39%, the Kyber Network will decline in value on a Thursday quiet regularly. The expected price change of the Kyber Network on a Thursday is between -2.00% and 2.78%.

It is hard to tell whether the Kyber Network will increase or decrease in value on an average Friday. The average change on a Friday for the Kyber Network is -0.07%. However, the standard deviation on this weekday is 2.54%. This means that on most Fridays, the change in value of the Kyber Network is between -2.61% and 2.47%.

Kyber Network increased in value on an average Saturday only slightly. The average increase in value of the Kyber Network was 0.13%. Allthough the Kyber Network closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (2.50%). This means that on 68 percent of the Saturdays, the change in price of the Kyber Network is expected to be in the range of -2.37% and 2.63%.

Kyber Network weekday performance details

Find below the details of the performance of Kyber Network 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 0.13% 2.37% -2.25% to 2.50%
Monday -0.07% 3.67% -3.73% to 3.60%
Tuesday 0.51% 4.14% -3.63% to 4.65%
Wednesday -0.41% 4.72% -5.14% to 4.31%
Thursday 0.39% 2.39% -2.00% to 2.78%
Friday -0.07% 2.54% -2.61% to 2.47%
Saturday 0.13% 2.50% -2.37% to 2.63%
 

We use cookies on our website. Some of them are essential for the operation of the site, while others help us to improve this site and the user experience (tracking cookies). You can decide for yourself whether you want to allow cookies or not. Please note that if you reject them, you may not be able to use all the functionalities of the site.