Golem (GNT)

Current price: $ 0.07

24 hours price change: $ -0.002866 (-4.17%)

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 June 21st, 2019 to July 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 06/21/2019 and 07/21/2019.

According to the performance of Golem between June 21st, 2019 and July 21st, 2019, Golem performed the best on Fridays. On average, the price of Golem increased 2.53% on Friday.

The weekday on which the Golem performed the worst, is Thursday. On Thursdays, the Golem declined in value on average by -3.39%.

Golem weekday performance

Allthough the Golem decreases in value with -0.31% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Golem on Sundays is 0.69%. This means that the expected change of the value of Golem is between -1.00% and 0.37% on 68 out of 100 Sundays.

The Golem declines in value on an average Monday with -2.14%. However, the uncertainty (or standard deviation) is quite large, namely 3.01%. This means that it is not possible to say whether on a regular Monday the Golem will increase or decrease in value.

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 -0.06%. However, the standard deviation on this weekday is 1.14%. This means that on most Tuesdays, the change in value of the Golem is between -1.21% and 1.08%.

On an average Wednesday the Golem shows an increase in value of 1.05%. However, the change of Golem on most of the Wednesdays is between -0.66% and 2.76%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Golems.

The decrease in value of the Golem is -3.39% on an average Thursday. The uncertainty of the average change is high for the Golem on Thursdays. This means that it is hard to tell whether the Golem will decrease or increase in value on an average Thursday. If we look at the 68% range of the Golem, we see that on 68% of the Thursdays, the expected change of the Golem is between -7.40% and 0.61%.

On an average Friday the Golem shows an increase in value of 2.53%. However, the change of Golem on most of the Fridays is between -2.05% and 7.10%. Therefore it is hard to tell whether an average Friday is a good day to start buying Golems.

On an average Saturday the Golem shows a high increase in value, namely 1.96%. The standard deviation is below the average increase percentage (standard deviation is 1.30%), meaning that on 68% of the Saturdays the Golem will increase with a percentage between 0.66% and 3.27%. This also means that, on average, on 16 percent of the Saturdays, the Golem will increase with a percentage above this range. On the other 16% of the Saturdays, the Golem will change with a percentage below the 0.66%.

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.

WeekdayAverage change (%)Standard deviation (%)68% range
Sunday-0.31%0.69%-1.00% to 0.37%
Monday-2.14%3.01%-5.15% to 0.88%
Tuesday-0.06%1.14%-1.21% to 1.08%
Wednesday1.05%1.71%-0.66% to 2.76%
Thursday-3.39%4.01%-7.40% to 0.61%
Friday2.53%4.57%-2.05% to 7.10%
Saturday1.96%1.30%0.66% to 3.27%