Golem (GNT)

Current price: $ 0.06

24 hours price change: $ 0.000903 (1.49%)

Daily analysis of Golem (GNT) - all

The performance of Golem regarding the price differs every day. To make the best decision to buy Golem, we are analysis in this article the performance of Golem on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on February 2nd, 2017 to September 21st, 2019.

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

Average daily change in price of Golem per weekday between 02/02/2017 and 09/21/2019.

According to the performance of Golem between February 2nd, 2017 and September 21st, 2019, Golem performed the best on Saturdays. On average, the price of Golem increased 0.87% on Saturday.

The weekday on which the Golem performed the worst, is Thursday. On Thursdays, the Golem declined in value on average by -0.17%.

Golem weekday performance

Golem increased in value on an average Sunday only slightly. The average increase in value of the Golem was 0.00%. Allthough the Golem closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (7.68%). This means that on 68 percent of the Sundays, the change in price of the Golem is expected to be in the range of -7.68% and 7.68%.

Historical performance on Monday do not show an increase in value of the Golem on which a prediction can be made. The Golem increased in value on average on an average Monday with 0.73%. However, the uncertainty of this increase is high. The expected change in value of the Golem on a Monday is between -7.27% and 8.74% (see also the table below).

On an average Tuesday, the Golem increased 0.45%. However, since the expected deviation is 7.76%, the Golem will decline in value on a Tuesday quiet regularly. The expected price change of the Golem on a Tuesday is between -7.31% and 8.21%.

It is hard to tell whether the Golem will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Golem is -0.06%. However, the standard deviation on this weekday is 8.71%. This means that on most Wednesdays, the change in value of the Golem is between -8.77% and 8.66%.

It is hard to tell whether the Golem will increase or decrease in value on an average Thursday. The average change on a Thursday for the Golem is -0.17%. However, the standard deviation on this weekday is 7.57%. This means that on most Thursdays, the change in value of the Golem is between -7.74% and 7.40%.

Golem increased in value on an average Friday only slightly. The average increase in value of the Golem was 0.18%. Allthough the Golem closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (9.38%). This means that on 68 percent of the Fridays, the change in price of the Golem is expected to be in the range of -9.20% and 9.55%.

Historical performance on Saturday do not show an increase in value of the Golem on which a prediction can be made. The Golem increased in value on average on an average Saturday with 0.87%. However, the uncertainty of this increase is high. The expected change in value of the Golem on a Saturday is between -7.12% and 8.87% (see also the table below).

Golem weekday performance details

Find below the details of the performance of Golem 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 0.00% 7.68% -7.68% to 7.68%
Monday 0.73% 8.00% -7.27% to 8.74%
Tuesday 0.45% 7.76% -7.31% to 8.21%
Wednesday -0.06% 8.71% -8.77% to 8.66%
Thursday -0.17% 7.57% -7.74% to 7.40%
Friday 0.18% 9.38% -9.20% to 9.55%
Saturday 0.87% 7.99% -7.12% to 8.87%