Golem (GNT)

Current price: $ 0.04

24 hours price change: $ 0.000526 (1.44%)

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 December 9th, 2018 to December 8th, 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 12/09/2018 and 12/08/2019.

According to the performance of Golem between December 9th, 2018 and December 8th, 2019, Golem performed the best on Fridays. On average, the price of Golem increased 0.87% on Friday.

The weekday on which the Golem performed the worst, is Thursday. On Thursdays, the Golem declined in value on average by -0.78%.

Golem weekday performance

Golem increased in value on an average Sunday only slightly. The average increase in value of the Golem was 0.22%. 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 (2.86%). This means that on 68 percent of the Sundays, the change in price of the Golem is expected to be in the range of -2.64% and 3.08%.

Allthough the Golem decreases in value with -0.33% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Golem on Mondays is 3.42%. This means that the expected change of the value of Golem is between -3.75% and 3.10% on 68 out of 100 Mondays.

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 0.65%. However, the uncertainty of this increase is high. The expected change in value of the Golem on a Tuesday is between -3.17% and 4.46% (see also the table below).

Golem increased in value on an average Wednesday only slightly. The average increase in value of the Golem was 0.26%. 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 (3.68%). This means that on 68 percent of the Wednesdays, the change in price of the Golem is expected to be in the range of -3.42% and 3.94%.

On Thursdays, the Golem decreases in value on average with -0.78%. On most of the Thursdays the Golem decreases in value between -5.04% and 3.47%. The uncertainty (4.26%) is higher than the average decline percentage (-0.78%). Therefore, expected range of price changes of the Golem on Thursdays is large.

Historical performance on Friday 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 Friday with 0.87%. However, the uncertainty of this increase is high. The expected change in value of the Golem on a Friday is between -2.91% and 4.66% (see also the table below).

Historical performance on Saturday 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 Saturday with 0.80%. However, the uncertainty of this increase is high. The expected change in value of the Golem on a Saturday is between -1.64% and 3.24% (see also the table below).

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 0.22% 2.86% -2.64% to 3.08%
Monday -0.33% 3.42% -3.75% to 3.10%
Tuesday 0.65% 3.81% -3.17% to 4.46%
Wednesday 0.26% 3.68% -3.42% to 3.94%
Thursday -0.78% 4.26% -5.04% to 3.47%
Friday 0.87% 3.79% -2.91% to 4.66%
Saturday 0.80% 2.44% -1.64% to 3.24%