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 December 7th, 2022 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 12/07/2022 and 09/26/2023.

According to the performance of Karatgold Coin between December 7th, 2022 and September 26th, 2023, Karatgold Coin performed the best on Sundays. On average, the price of Karatgold Coin increased 1.40% on Sunday.

The weekday on which the Karatgold Coin performed the worst, is Friday. On Fridays, the Karatgold Coin rose in value on average by 0.00%. The price still increased on Fridays, allthough it was the smallest increase of all days on average.

Karatgold Coin weekday performance

On an average Sunday the Karatgold Coin shows an increase in value of 1.40%. However, the change of Karatgold Coin on most of the Sundays is between -6.42% and 9.22%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Karatgold Coins.

Historical performance on Monday do not show an increase in value of the Karatgold Coin on which a prediction can be made. The Karatgold Coin increased in value on average on an average Monday with 0.79%. However, the uncertainty of this increase is high. The expected change in value of the Karatgold Coin on a Monday is between -6.96% and 8.54% (see also the table below).

On an average Tuesday the Karatgold Coin shows an increase in value of 1.16%. However, the change of Karatgold Coin on most of the Tuesdays is between -6.92% and 9.25%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Karatgold Coins.

On an average Wednesday the Karatgold Coin shows an increase in value of 1.19%. However, the change of Karatgold Coin on most of the Wednesdays is between -6.95% and 9.33%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Karatgold Coins.

On an average Thursday the Karatgold Coin shows an increase in value of 1.19%. However, the change of Karatgold Coin on most of the Thursdays is between -6.95% and 9.33%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Karatgold Coins.

Karatgold Coin increased in value on an average Friday only slightly. The average increase in value of the Karatgold Coin was 0.00%. Allthough the Karatgold Coin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (9.20%). This means that on 68 percent of the Fridays, the change in price of the Karatgold Coin is expected to be in the range of -9.20% and 9.21%.

On an average Saturday, the Karatgold Coin increased 0.35%. However, since the expected deviation is 7.37%, 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 -7.02% and 7.73%.

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 1.40% 7.82% -6.42% to 9.22%
Monday 0.79% 7.75% -6.96% to 8.54%
Tuesday 1.16% 8.09% -6.92% to 9.25%
Wednesday 1.19% 8.14% -6.95% to 9.33%
Thursday 1.19% 8.14% -6.95% to 9.33%
Friday 0.00% 9.20% -9.20% to 9.21%
Saturday 0.35% 7.37% -7.02% to 7.73%
 

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