Golem (GNT)

Current price: $ 0.06

24 hours price change: $ 0.000858 (1.54%)

Daily analysis of Golem (GNT) - 1 year

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 year, starting on July 16th, 2018 to July 15th, 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 07/16/2018 and 07/15/2019.

According to the performance of Golem between July 16th, 2018 and July 15th, 2019, Golem performed the best on Tuesdays. On average, the price of Golem increased 0.75% on Tuesday.

The weekday on which the Golem performed the worst, is Monday. On Mondays, the Golem declined in value on average by -1.72%.

Golem weekday performance

On an average Sunday, the Golem increased 0.47%. However, since the expected deviation is 3.28%, the Golem will decline in value on a Sunday quiet regularly. The expected price change of the Golem on a Sunday is between -2.81% and 3.76%.

The Golem declines in value on an average Monday with -1.72%. However, the uncertainty (or standard deviation) is quite large, namely 5.16%. This means that it is not possible to say whether on a regular Monday the Golem will increase or decrease in value.

Historical performance on Tuesday 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 Tuesday with 0.75%. However, the uncertainty of this increase is high. The expected change in value of the Golem on a Tuesday is between -4.78% and 6.27% (see also the table below).

Allthough the Golem decreases in value with -0.55% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Golem on Wednesdays is 5.53%. This means that the expected change of the value of Golem is between -6.09% and 4.98% on 68 out of 100 Wednesdays.

On Thursdays, the Golem decreases in value on average with -0.87%. On most of the Thursdays the Golem decreases in value between -5.99% and 4.24%. The uncertainty (5.12%) is higher than the average decline percentage (-0.87%). Therefore, expected range of price changes of the Golem on Thursdays is large.

On an average Friday, the Golem increased 0.55%. However, since the expected deviation is 6.71%, the Golem will decline in value on a Friday quiet regularly. The expected price change of the Golem on a Friday is between -6.16% and 7.26%.

On an average Saturday, the Golem increased 0.32%. However, since the expected deviation is 3.77%, the Golem will decline in value on a Saturday quiet regularly. The expected price change of the Golem on a Saturday is between -3.45% and 4.09%.

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
Sunday0.47%3.28%-2.81% to 3.76%
Monday-1.72%5.16%-6.88% to 3.43%
Tuesday0.75%5.52%-4.78% to 6.27%
Wednesday-0.55%5.53%-6.09% to 4.98%
Thursday-0.87%5.12%-5.99% to 4.24%
Friday0.55%6.71%-6.16% to 7.26%
Saturday0.32%3.77%-3.45% to 4.09%