Golem (GNT)

Current price: $ 0.06

24 hours price change: $ -0.000099 (-0.17%)

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 August 19th, 2019 to September 18th, 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 08/19/2019 and 09/18/2019.

According to the performance of Golem between August 19th, 2019 and September 18th, 2019, Golem performed the best on Thursdays. On average, the price of Golem increased 1.18% on Thursday.

The weekday on which the Golem performed the worst, is Friday. On Fridays, the Golem rose in value on average by 0.10%. The price still increased on Fridays, allthough it was the smallest increase of all days on average.

Golem weekday performance

Golem increased in value on an average Sunday only slightly. The average increase in value of the Golem was 0.21%. 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 (0.41%). This means that on 68 percent of the Sundays, the change in price of the Golem is expected to be in the range of -0.20% and 0.63%.

Golem increased in value on an average Monday only slightly. The average increase in value of the Golem was 0.23%. 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 (0.36%). This means that on 68 percent of the Mondays, the change in price of the Golem is expected to be in the range of -0.13% and 0.59%.

The average increase of the Golem on an average Tuesday is 0.54%. This is a small increase, however, the expected change of the Golem in 95% of the Tuesdays is 0.14% and 0.94%. This means that only on 2.5% (or slightly over 1 Tuesday per year) the expected change of the Golem is below 0.14%. On the other hand, you would not have to expect that the change on a single Tuesday will be above 0.94%. This will also only happen on 2.5% of the Tuesdays. On 68% of the Tuesdays, the increase of the Golem will be in the range of 0.34% and 0.74%.

On an average Wednesday the Golem shows an increase in value of 1.07%. However, the change of Golem on most of the Wednesdays is between -1.00% and 3.14%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Golems.

On an average Thursday the Golem shows an increase in value of 1.18%. However, the change of Golem on most of the Thursdays is between -0.01% and 2.38%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Golems.

Golem increased in value on an average Friday only slightly. The average increase in value of the Golem was 0.10%. 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 (0.53%). This means that on 68 percent of the Fridays, the change in price of the Golem is expected to be in the range of -0.42% and 0.63%.

On an average Saturday, the Golem increased 0.50%. However, since the expected deviation is 0.76%, the Golem will decline in value on a Saturday quiet regularly. The expected price change of the Golem on a Saturday is between -0.26% and 1.26%.

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 0.21% 0.41% -0.20% to 0.63%
Monday 0.23% 0.36% -0.13% to 0.59%
Tuesday 0.54% 0.20% 0.34% to 0.74%
Wednesday 1.07% 2.07% -1.00% to 3.14%
Thursday 1.18% 1.20% -0.01% to 2.38%
Friday 0.10% 0.53% -0.42% to 0.63%
Saturday 0.50% 0.76% -0.26% to 1.26%