Golem (GNT)

Current price: $ 0.05

24 hours price change: $ -0.000262 (-0.57%)

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 May 11th, 2019 to November 11th, 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 05/11/2019 and 11/11/2019.

According to the performance of Golem between May 11th, 2019 and November 11th, 2019, Golem performed the best on Fridays. On average, the price of Golem increased 1.17% on Friday.

The weekday on which the Golem performed the worst, is Thursday. On Thursdays, the Golem declined in value on average by -0.50%.

Golem weekday performance

It is hard to tell whether the Golem will increase or decrease in value on an average Sunday. The average change on a Sunday for the Golem is -0.07%. However, the standard deviation on this weekday is 2.68%. This means that on most Sundays, the change in value of the Golem is between -2.75% and 2.61%.

It is hard to tell whether the Golem will increase or decrease in value on an average Monday. The average change on a Monday for the Golem is -0.18%. However, the standard deviation on this weekday is 2.15%. This means that on most Mondays, the change in value of the Golem is between -2.33% and 1.96%.

Golem increased in value on an average Tuesday only slightly. The average increase in value of the Golem was 0.30%. 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 (3.44%). This means that on 68 percent of the Tuesdays, the change in price of the Golem is expected to be in the range of -3.14% and 3.73%.

On an average Wednesday the Golem shows an increase in value of 1.12%. However, the change of Golem on most of the Wednesdays is between -1.56% and 3.80%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Golems.

Allthough the Golem decreases in value with -0.50% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Golem on Thursdays is 3.47%. This means that the expected change of the value of Golem is between -3.98% and 2.97% on 68 out of 100 Thursdays.

On an average Friday the Golem shows an increase in value of 1.17%. However, the change of Golem on most of the Fridays is between -3.00% and 5.34%. Therefore it is hard to tell whether an average Friday is a good day to start buying Golems.

On an average Saturday the Golem shows an increase in value of 1.03%. However, the change of Golem on most of the Saturdays is between -1.11% and 3.17%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Golems.

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 -0.07% 2.68% -2.75% to 2.61%
Monday -0.18% 2.15% -2.33% to 1.96%
Tuesday 0.30% 3.44% -3.14% to 3.73%
Wednesday 1.12% 2.68% -1.56% to 3.80%
Thursday -0.50% 3.47% -3.98% to 2.97%
Friday 1.17% 4.17% -3.00% to 5.34%
Saturday 1.03% 2.14% -1.11% to 3.17%