Golem (GNT)

Current price: $ 0.23

24 hours price change: $ -0.003239 (-1.42%)

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 May 13th, 2021 to June 13th, 2021.

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 05/13/2021 and 06/13/2021.

According to the performance of Golem between May 13th, 2021 and June 13th, 2021, Golem performed the best on Mondays. On average, the price of Golem increased 1.32% on Monday.

The weekday on which the Golem performed the worst, is Friday. On Fridays, the Golem declined in value on average by -1.46%.

Golem weekday performance

Historical performance on Sunday 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 Sunday with 0.62%. However, the uncertainty of this increase is high. The expected change in value of the Golem on a Sunday is between -0.58% and 1.83% (see also the table below).

On an average Monday the Golem shows an increase in value of 1.32%. However, the change of Golem on most of the Mondays is between -0.58% and 3.22%. Therefore it is hard to tell whether an average Monday is a good day to start buying Golems.

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 -0.07%. However, the standard deviation on this weekday is 0.28%. This means that on most Tuesdays, the change in value of the Golem is between -0.35% and 0.21%.

Historical performance on Wednesday 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 Wednesday with 0.72%. However, the uncertainty of this increase is high. The expected change in value of the Golem on a Wednesday is between -0.27% and 1.71% (see also the table below).

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 -0.21%. However, the standard deviation on this weekday is 1.03%. This means that on most Thursdays, the change in value of the Golem is between -1.24% and 0.81%.

The Golem declines in value on an average Friday with -1.46%. However, the uncertainty (or standard deviation) is quite large, namely 2.99%. This means that it is not possible to say whether on a regular Friday the Golem will increase or decrease in value.

Allthough the Golem decreases in value with -0.58% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Golem on Saturdays is 1.21%. This means that the expected change of the value of Golem is between -1.78% and 0.63% on 68 out of 100 Saturdays.

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 0.62% 1.21% -0.58% to 1.83%
Monday 1.32% 1.90% -0.58% to 3.22%
Tuesday -0.07% 0.28% -0.35% to 0.21%
Wednesday 0.72% 0.99% -0.27% to 1.71%
Thursday -0.21% 1.03% -1.24% to 0.81%
Friday -1.46% 2.99% -4.45% to 1.53%
Saturday -0.58% 1.21% -1.78% to 0.63%
 

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