Golem (GNT)

Current price: $ 0.36

24 hours price change: $ 0.05 (16.46%)

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 January 25th, 2021 to February 25th, 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 01/25/2021 and 02/25/2021.

According to the performance of Golem between January 25th, 2021 and February 25th, 2021, Golem performed the best on Wednesdays. On average, the price of Golem increased 2.70% on Wednesday.

The weekday on which the Golem performed the worst, is Saturday. On Saturdays, the Golem declined in value on average by -0.64%.

Golem weekday performance

On an average Sunday, the Golem increased 0.31%. However, since the expected deviation is 1.80%, the Golem will decline in value on a Sunday quiet regularly. The expected price change of the Golem on a Sunday is between -1.48% and 2.11%.

Allthough the Golem decreases in value with -0.60% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Golem on Mondays is 1.49%. This means that the expected change of the value of Golem is between -2.09% and 0.90% on 68 out of 100 Mondays.

Allthough the Golem decreases in value with -0.58% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Golem on Tuesdays is 3.20%. This means that the expected change of the value of Golem is between -3.77% and 2.62% on 68 out of 100 Tuesdays.

On an average Wednesday the Golem shows an increase in value of 2.70%. However, the change of Golem on most of the Wednesdays is between -1.37% and 6.77%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Golems.

Historical performance on Thursday 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 Thursday with 0.78%. However, the uncertainty of this increase is high. The expected change in value of the Golem on a Thursday is between -0.27% and 1.83% (see also the table below).

On an average Friday, the Golem increased 0.41%. However, since the expected deviation is 0.55%, the Golem will decline in value on a Friday quiet regularly. The expected price change of the Golem on a Friday is between -0.14% and 0.95%.

On Saturdays, the Golem decreases in value on average with -0.64%. On most of the Saturdays the Golem decreases in value between -2.30% and 1.03%. The uncertainty (1.67%) is higher than the average decline percentage (-0.64%). Therefore, expected range of price changes of the Golem on Saturdays is large.

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 0.31% 1.80% -1.48% to 2.11%
Monday -0.60% 1.49% -2.09% to 0.90%
Tuesday -0.58% 3.20% -3.77% to 2.62%
Wednesday 2.70% 4.07% -1.37% to 6.77%
Thursday 0.78% 1.05% -0.27% to 1.83%
Friday 0.41% 0.55% -0.14% to 0.95%
Saturday -0.64% 1.67% -2.30% to 1.03%
 

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