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 January 28th, 2021 to January 28th, 2022.
In the barchart below, the weekdays and average performance of Karatgold Coin are shown side by side.
According to the performance of Karatgold Coin between January 28th, 2021 and January 28th, 2022, Karatgold Coin performed the best on Sundays. On average, the price of Karatgold Coin increased 1.54% on Sunday.
The weekday on which the Karatgold Coin performed the worst, is Friday. On Fridays, the Karatgold Coin declined in value on average by -1.07%.
Karatgold Coin weekday performance
On an average Sunday the Karatgold Coin shows an increase in value of 1.54%. However, the change of Karatgold Coin on most of the Sundays is between -4.49% and 7.57%. 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 0.69%. However, the uncertainty of this increase is high. The expected change in value of the Karatgold Coin on a Monday is between -2.88% and 4.27% (see also the table below).
Historical performance on Tuesday 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 Tuesday with 0.76%. However, the uncertainty of this increase is high. The expected change in value of the Karatgold Coin on a Tuesday is between -5.15% and 6.68% (see also the table below).
On Wednesdays, the Karatgold Coin decreases in value on average with -0.97%. On most of the Wednesdays the Karatgold Coin decreases in value between -6.29% and 4.35%. The uncertainty (5.32%) is higher than the average decline percentage (-0.97%). Therefore, expected range of price changes of the Karatgold Coin on Wednesdays is large.
Karatgold Coin increased in value on an average Thursday only slightly. The average increase in value of the Karatgold Coin was 0.14%. 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 (9.25%). This means that on 68 percent of the Thursdays, the change in price of the Karatgold Coin is expected to be in the range of -9.10% and 9.39%.
The Karatgold Coin declines in value on an average Friday with -1.07%. However, the uncertainty (or standard deviation) is quite large, namely 5.60%. This means that it is not possible to say whether on a regular Friday the Karatgold Coin will increase or decrease in value.
It is hard to tell whether the Karatgold Coin will increase or decrease in value on an average Saturday. The average change on a Saturday for the Karatgold Coin is -0.28%. However, the standard deviation on this weekday is 8.00%. This means that on most Saturdays, the change in value of the Karatgold Coin is between -8.28% and 7.72%.
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||1.54%||6.03%||-4.49% to 7.57%|
|Monday||0.69%||3.57%||-2.88% to 4.27%|
|Tuesday||0.76%||5.91%||-5.15% to 6.68%|
|Wednesday||-0.97%||5.32%||-6.29% to 4.35%|
|Thursday||0.14%||9.25%||-9.10% to 9.39%|
|Friday||-1.07%||5.60%||-6.67% to 4.53%|
|Saturday||-0.28%||8.00%||-8.28% to 7.72%|