Karatgold Coin (KBC)

Current price: $ 0.003065

24 hours price change: $ 0.000261 (9.31%)

Daily analysis of Karatgold Coin (KBC) - 6 months

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 6 months, starting on May 30th, 2020 to November 29th, 2020.

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 05/30/2020 and 11/29/2020.

According to the performance of Karatgold Coin between May 30th, 2020 and November 29th, 2020, Karatgold Coin performed the best on Thursdays. On average, the price of Karatgold Coin increased 0.61% on Thursday.

The weekday on which the Karatgold Coin performed the worst, is Tuesday. On Tuesdays, the Karatgold Coin declined in value on average by -0.66%.

Karatgold Coin weekday performance

On an average Sunday, the Karatgold Coin increased 0.57%. However, since the expected deviation is 2.05%, the Karatgold Coin will decline in value on a Sunday quiet regularly. The expected price change of the Karatgold Coin on a Sunday is between -1.48% and 2.62%.

Karatgold Coin increased in value on an average Monday only slightly. The average increase in value of the Karatgold Coin was 0.07%. 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 (1.13%). 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 -1.06% and 1.20%.

On Tuesdays, the Karatgold Coin decreases in value on average with -0.66%. On most of the Tuesdays the Karatgold Coin decreases in value between -4.37% and 3.06%. The uncertainty (3.72%) is higher than the average decline percentage (-0.66%). Therefore, expected range of price changes of the Karatgold Coin on Tuesdays is large.

Allthough the Karatgold Coin decreases in value with -0.53% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Karatgold Coin on Wednesdays is 1.68%. This means that the expected change of the value of Karatgold Coin is between -2.21% and 1.14% on 68 out of 100 Wednesdays.

Historical performance on Thursday 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 Thursday with 0.61%. However, the uncertainty of this increase is high. The expected change in value of the Karatgold Coin on a Thursday is between -3.15% and 4.37% (see also the table below).

On an average Friday, the Karatgold Coin increased 0.56%. However, since the expected deviation is 2.08%, the Karatgold Coin will decline in value on a Friday quiet regularly. The expected price change of the Karatgold Coin on a Friday is between -1.53% and 2.64%.

Karatgold Coin increased in value on an average Saturday 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 (1.44%). This means that on 68 percent of the Saturdays, the change in price of the Karatgold Coin is expected to be in the range of -1.33% and 1.55%.

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 0.57% 2.05% -1.48% to 2.62%
Monday 0.07% 1.13% -1.06% to 1.20%
Tuesday -0.66% 3.72% -4.37% to 3.06%
Wednesday -0.53% 1.68% -2.21% to 1.14%
Thursday 0.61% 3.76% -3.15% to 4.37%
Friday 0.56% 2.08% -1.53% to 2.64%
Saturday 0.11% 1.44% -1.33% to 1.55%
 

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