Karatgold Coin (KBC)

Current price: $ 0.02

24 hours price change: $ -0.000412 (-1.94%)

Daily analysis of Karatgold Coin (KBC) - 1 month

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 1 month, starting on September 20th, 2019 to October 20th, 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 09/20/2019 and 10/20/2019.

According to the performance of Karatgold Coin between September 20th, 2019 and October 20th, 2019, Karatgold Coin performed the best on Thursdays. On average, the price of Karatgold Coin increased 2.19% on Thursday.

The weekday on which the Karatgold Coin performed the worst, is Monday. On Mondays, the Karatgold Coin declined in value on average by -3.91%.

Karatgold Coin weekday performance

The decrease in value of the Karatgold Coin is -3.21% on an average Sunday. The uncertainty of the average change is high for the Karatgold Coin on Sundays. This means that it is hard to tell whether the Karatgold Coin will decrease or increase in value on an average Sunday. If we look at the 68% range of the Karatgold Coin, we see that on 68% of the Sundays, the expected change of the Karatgold Coin is between -5.73% and -0.69%.

The decrease in value of the Karatgold Coin is -3.91% on an average Monday. The uncertainty of the average change is high for the Karatgold Coin on Mondays. This means that it is hard to tell whether the Karatgold Coin will decrease or increase in value on an average Monday. If we look at the 68% range of the Karatgold Coin, we see that on 68% of the Mondays, the expected change of the Karatgold Coin is between -9.11% and 1.28%.

Historical performance on Tuesday do not show an increase in value of the Karatgold Coin on which a prediction can be made. The Karatgold Coin increased in value on average on an average Tuesday with 0.65%. However, the uncertainty of this increase is high. The expected change in value of the Karatgold Coin on a Tuesday is between -1.91% and 3.21% (see also the table below).

It is hard to tell whether the Karatgold Coin will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Karatgold Coin is -0.13%. However, the standard deviation on this weekday is 2.89%. This means that on most Wednesdays, the change in value of the Karatgold Coin is between -3.02% and 2.76%.

On an average Thursday the Karatgold Coin shows an increase in value of 2.19%. However, the change of Karatgold Coin on most of the Thursdays is between -4.69% and 9.08%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Karatgold Coins.

On an average Friday, the Karatgold Coin increased 0.34%. However, since the expected deviation is 1.81%, 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 -1.47% and 2.15%.

The Karatgold Coin declines in value on an average Saturday with -1.55%. However, the uncertainty (or standard deviation) is quite large, namely 2.33%. This means that it is not possible to say whether on a regular Saturday the Karatgold Coin will increase or decrease in value.

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 -3.21% 2.52% -5.73% to -0.69%
Monday -3.91% 5.20% -9.11% to 1.28%
Tuesday 0.65% 2.56% -1.91% to 3.21%
Wednesday -0.13% 2.89% -3.02% to 2.76%
Thursday 2.19% 6.88% -4.69% to 9.08%
Friday 0.34% 1.81% -1.47% to 2.15%
Saturday -1.55% 2.33% -3.88% to 0.77%