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 June 28th, 2021 to June 27th, 2022.

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 06/28/2021 and 06/27/2022.

According to the performance of Karatgold Coin between June 28th, 2021 and June 27th, 2022, Karatgold Coin performed the best on Mondays. On average, the price of Karatgold Coin increased 0.11% on Monday.

The weekday on which the Karatgold Coin performed the worst, is Saturday. On Saturdays, the Karatgold Coin declined in value on average by -1.19%.

Karatgold Coin weekday performance

Karatgold Coin increased in value on an average Sunday only slightly. The average increase in value of the Karatgold Coin was 0.01%. 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 (4.57%). This means that on 68 percent of the Sundays, the change in price of the Karatgold Coin is expected to be in the range of -4.56% and 4.57%.

Karatgold Coin increased in value on an average Monday only slightly. The average increase in value of the Karatgold Coin was 0.11%. 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 (4.59%). This means that on 68 percent of the Mondays, the change in price of the Karatgold Coin is expected to be in the range of -4.48% and 4.70%.

Allthough the Karatgold Coin decreases in value with -0.44% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Karatgold Coin on Tuesdays is 4.65%. This means that the expected change of the value of Karatgold Coin is between -5.09% and 4.21% on 68 out of 100 Tuesdays.

The Karatgold Coin declines in value on an average Wednesday with -1.01%. However, the uncertainty (or standard deviation) is quite large, namely 4.35%. This means that it is not possible to say whether on a regular Wednesday the Karatgold Coin will increase or decrease in value.

The Karatgold Coin declines in value on an average Thursday with -1.01%. However, the uncertainty (or standard deviation) is quite large, namely 4.35%. This means that it is not possible to say whether on a regular Thursday the Karatgold Coin will increase or decrease in value.

The Karatgold Coin declines in value on an average Friday with -1.03%. However, the uncertainty (or standard deviation) is quite large, namely 5.24%. This means that it is not possible to say whether on a regular Friday the Karatgold Coin will increase or decrease in value.

The Karatgold Coin declines in value on an average Saturday with -1.19%. However, the uncertainty (or standard deviation) is quite large, namely 5.08%. This means that it is not possible to say whether on a regular Saturday the Karatgold Coin will increase or decrease in value.

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 0.01% 4.57% -4.56% to 4.57%
Monday 0.11% 4.59% -4.48% to 4.70%
Tuesday -0.44% 4.65% -5.09% to 4.21%
Wednesday -1.01% 4.35% -5.36% to 3.34%
Thursday -1.01% 4.35% -5.36% to 3.34%
Friday -1.03% 5.24% -6.27% to 4.21%
Saturday -1.19% 5.08% -6.27% to 3.90%
 

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