Karatgold Coin (KBC)

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Daily analysis of Karatgold Coin (KBC) - 1 year

The performance of Karatgold Coin regarding the price differs every day. To make the best decision to buy Karatgold Coin, we are analysis in this article the performance of Karatgold Coin on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 year, starting on May 24th, 2023 to September 26th, 2023.

In the barchart below, the weekdays and average performance of Karatgold Coin are shown side by side.

Average daily change in price of Karatgold Coin per weekday between 05/24/2023 and 09/26/2023.

According to the performance of Karatgold Coin between May 24th, 2023 and September 26th, 2023, Karatgold Coin performed the best on Wednesdays. On average, the price of Karatgold Coin increased 0.53% on Wednesday.

The weekday on which the Karatgold Coin performed the worst, is Friday. On Fridays, the Karatgold Coin declined in value on average by -1.36%.

Karatgold Coin weekday performance

Allthough the Karatgold Coin decreases in value with -0.47% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Karatgold Coin on Sundays is 8.31%. This means that the expected change of the value of Karatgold Coin is between -8.78% and 7.84% on 68 out of 100 Sundays.

Allthough the Karatgold Coin decreases in value with -0.33% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Karatgold Coin on Mondays is 8.34%. This means that the expected change of the value of Karatgold Coin is between -8.67% and 8.01% on 68 out of 100 Mondays.

Allthough the Karatgold Coin decreases in value with -0.35% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Karatgold Coin on Tuesdays is 8.34%. This means that the expected change of the value of Karatgold Coin is between -8.69% and 7.99% on 68 out of 100 Tuesdays.

On an average Wednesday, the Karatgold Coin increased 0.53%. However, since the expected deviation is 9.12%, the Karatgold Coin will decline in value on a Wednesday quiet regularly. The expected price change of the Karatgold Coin on a Wednesday is between -8.59% and 9.65%.

On an average Thursday, the Karatgold Coin increased 0.53%. However, since the expected deviation is 9.12%, the Karatgold Coin will decline in value on a Thursday quiet regularly. The expected price change of the Karatgold Coin on a Thursday is between -8.59% and 9.65%.

The Karatgold Coin declines in value on an average Friday with -1.36%. However, the uncertainty (or standard deviation) is quite large, namely 11.65%. This means that it is not possible to say whether on a regular Friday the Karatgold Coin will increase or decrease in value.

On an average Saturday, the Karatgold Coin increased 0.40%. However, since the expected deviation is 9.11%, the Karatgold Coin will decline in value on a Saturday quiet regularly. The expected price change of the Karatgold Coin on a Saturday is between -8.70% and 9.51%.

Karatgold Coin weekday performance details

Find below the details of the performance of Karatgold Coin 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 -0.47% 8.31% -8.78% to 7.84%
Monday -0.33% 8.34% -8.67% to 8.01%
Tuesday -0.35% 8.34% -8.69% to 7.99%
Wednesday 0.53% 9.12% -8.59% to 9.65%
Thursday 0.53% 9.12% -8.59% to 9.65%
Friday -1.36% 11.65% -13.00% to 10.29%
Saturday 0.40% 9.11% -8.70% to 9.51%
 

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