Golem (GNT)

Current price: $ 0.51

24 hours price change: $ -0.03 (-5.61%)

Daily analysis of Golem (GNT) - 6 months

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 6 months, starting on April 17th, 2021 to October 17th, 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 04/17/2021 and 10/17/2021.

According to the performance of Golem between April 17th, 2021 and October 17th, 2021, Golem performed the best on Mondays. On average, the price of Golem increased 0.42% on Monday.

The weekday on which the Golem performed the worst, is Friday. On Fridays, the Golem declined in value on average by -0.32%.

Golem weekday performance

On an average Sunday, the Golem increased 0.39%. However, since the expected deviation is 1.49%, the Golem will decline in value on a Sunday quiet regularly. The expected price change of the Golem on a Sunday is between -1.10% and 1.88%.

On an average Monday, the Golem increased 0.42%. However, since the expected deviation is 2.25%, the Golem will decline in value on a Monday quiet regularly. The expected price change of the Golem on a Monday is between -1.84% and 2.67%.

Golem increased in value on an average Tuesday 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 (0.87%). This means that on 68 percent of the Tuesdays, the change in price of the Golem is expected to be in the range of -0.64% and 1.10%.

Golem increased in value on an average Wednesday only slightly. The average increase in value of the Golem was 0.14%. 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 (0.96%). This means that on 68 percent of the Wednesdays, the change in price of the Golem is expected to be in the range of -0.82% and 1.10%.

It is hard to tell whether the Golem will increase or decrease in value on an average Thursday. The average change on a Thursday for the Golem is -0.04%. However, the standard deviation on this weekday is 0.87%. This means that on most Thursdays, the change in value of the Golem is between -0.90% and 0.83%.

Allthough the Golem decreases in value with -0.32% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Golem on Fridays is 2.71%. This means that the expected change of the value of Golem is between -3.03% and 2.39% on 68 out of 100 Fridays.

It is hard to tell whether the Golem will increase or decrease in value on an average Saturday. The average change on a Saturday for the Golem is -0.08%. However, the standard deviation on this weekday is 0.80%. This means that on most Saturdays, the change in value of the Golem is between -0.88% and 0.73%.

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 0.39% 1.49% -1.10% to 1.88%
Monday 0.42% 2.25% -1.84% to 2.67%
Tuesday 0.23% 0.87% -0.64% to 1.10%
Wednesday 0.14% 0.96% -0.82% to 1.10%
Thursday -0.04% 0.87% -0.90% to 0.83%
Friday -0.32% 2.71% -3.03% to 2.39%
Saturday -0.08% 0.80% -0.88% to 0.73%
 

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