Karatgold Coin (KBC)

Current price: $ 0.02

24 hours price change: $ 0.000333 (1.54%)

Daily analysis of Karatgold Coin (KBC) - all

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 years, starting on August 2nd, 2017 to October 14th, 2019.

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 08/02/2017 and 10/14/2019.

According to the performance of Karatgold Coin between August 2nd, 2017 and October 14th, 2019, Karatgold Coin performed the best on Wednesdays. On average, the price of Karatgold Coin increased 2.80% 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 -0.41%.

Karatgold Coin weekday performance

Allthough the Karatgold Coin decreases in value with -0.33% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Karatgold Coin on Sundays is 8.97%. This means that the expected change of the value of Karatgold Coin is between -9.30% and 8.64% on 68 out of 100 Sundays.

Allthough the Karatgold Coin decreases in value with -0.41% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Karatgold Coin on Mondays is 10.24%. This means that the expected change of the value of Karatgold Coin is between -10.65% and 9.83% on 68 out of 100 Mondays.

Karatgold Coin increased in value on an average Tuesday only slightly. The average increase in value of the Karatgold Coin was 0.28%. 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 (11.36%). 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 -11.08% and 11.64%.

On an average Wednesday the Karatgold Coin shows an increase in value of 2.80%. However, the change of Karatgold Coin on most of the Wednesdays is between -17.16% and 22.75%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Karatgold Coins.

Karatgold Coin increased in value on an average Thursday only slightly. The average increase in value of the Karatgold Coin was 0.18%. 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 (8.36%). This means that on 68 percent of the Thursdays, the change in price of the Karatgold Coin is expected to be in the range of -8.18% and 8.55%.

On an average Friday, the Karatgold Coin increased 0.33%. However, since the expected deviation is 8.24%, the Karatgold Coin will decline in value on a Friday quiet regularly. The expected price change of the Karatgold Coin on a Friday is between -7.90% and 8.57%.

On an average Saturday, the Karatgold Coin increased 0.50%. However, since the expected deviation is 10.28%, the Karatgold Coin will decline in value on a Saturday quiet regularly. The expected price change of the Karatgold Coin on a Saturday is between -9.77% and 10.78%.

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 -0.33% 8.97% -9.30% to 8.64%
Monday -0.41% 10.24% -10.65% to 9.83%
Tuesday 0.28% 11.36% -11.08% to 11.64%
Wednesday 2.80% 19.95% -17.16% to 22.75%
Thursday 0.18% 8.36% -8.18% to 8.55%
Friday 0.33% 8.24% -7.90% to 8.57%
Saturday 0.50% 10.28% -9.77% to 10.78%