Golem (GNT)

Current price: $ 0.08

24 hours price change: $ -0.003928 (-4.55%)

Daily analysis of Golem (GNT) - 1 month

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 1 month, starting on September 29th, 2020 to October 28th, 2020.

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 09/29/2020 and 10/28/2020.

According to the performance of Golem between September 29th, 2020 and October 28th, 2020, Golem performed the best on Wednesdays. On average, the price of Golem increased 0.13% on Wednesday.

The weekday on which the Golem performed the worst, is Tuesday. On Tuesdays, the Golem declined in value on average by -0.12%.

Golem weekday performance

Golem increased in value on an average Sunday only slightly. The average increase in value of the Golem was 0.06%. 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 (0.18%). This means that on 68 percent of the Sundays, the change in price of the Golem is expected to be in the range of -0.12% and 0.24%.

The Golem will almost not change or only slightly increase in value on an average Monday. The average change of the Golem on Mondays is 0.13%. The standard deviation of the Golem is 0.09%, which means that in 68% of the Mondays, the range of the change of the Golem is 0.04% and 0.22%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.

It is hard to tell whether the Golem will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Golem is -0.12%. However, the standard deviation on this weekday is 0.10%. This means that on most Tuesdays, the change in value of the Golem is between -0.22% and -0.03%.

Golem increased in value on an average Wednesday only slightly. The average increase in value of the Golem was 0.13%. 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 (0.15%). This means that on 68 percent of the Wednesdays, the change in price of the Golem is expected to be in the range of -0.01% and 0.28%.

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 -0.05%. However, the standard deviation on this weekday is 0.14%. This means that on most Thursdays, the change in value of the Golem is between -0.19% and 0.09%.

Golem increased in value on an average Friday only slightly. The average increase in value of the Golem was 0.04%. 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 (0.20%). This means that on 68 percent of the Fridays, the change in price of the Golem is expected to be in the range of -0.16% and 0.24%.

It is hard to tell whether the Golem will increase or decrease in value on an average Saturday. The average change on a Saturday for the Golem is -0.03%. However, the standard deviation on this weekday is 0.18%. This means that on most Saturdays, the change in value of the Golem is between -0.21% and 0.14%.

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 0.06% 0.18% -0.12% to 0.24%
Monday 0.13% 0.09% 0.04% to 0.22%
Tuesday -0.12% 0.10% -0.22% to -0.03%
Wednesday 0.13% 0.15% -0.01% to 0.28%
Thursday -0.05% 0.14% -0.19% to 0.09%
Friday 0.04% 0.20% -0.16% to 0.24%
Saturday -0.03% 0.18% -0.21% to 0.14%
 

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