Karatgold Coin (KBC)

Current price: $ 0.002000

24 hours price change: $ -0.001265 (-38.73%)

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 March 24th, 2020 to September 23rd, 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 03/24/2020 and 09/23/2020.

According to the performance of Karatgold Coin between March 24th, 2020 and September 23rd, 2020, Karatgold Coin performed the best on Sundays. On average, the price of Karatgold Coin increased 1.14% on Sunday.

The weekday on which the Karatgold Coin performed the worst, is Tuesday. On Tuesdays, the Karatgold Coin declined in value on average by -0.37%.

Karatgold Coin weekday performance

On an average Sunday the Karatgold Coin shows an increase in value of 1.14%. However, the change of Karatgold Coin on most of the Sundays is between -1.60% and 3.88%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Karatgold Coins.

Karatgold Coin increased in value on an average Monday only slightly. The average increase in value of the Karatgold Coin was 0.17%. 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 (1.17%). 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 -0.99% and 1.34%.

Allthough the Karatgold Coin decreases in value with -0.37% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Karatgold Coin on Tuesdays is 3.79%. This means that the expected change of the value of Karatgold Coin is between -4.16% and 3.42% on 68 out of 100 Tuesdays.

Allthough the Karatgold Coin decreases in value with -0.36% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Karatgold Coin on Wednesdays is 1.58%. This means that the expected change of the value of Karatgold Coin is between -1.94% and 1.22% on 68 out of 100 Wednesdays.

Karatgold Coin increased in value on an average Thursday only slightly. The average increase in value of the Karatgold Coin was 0.08%. 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 (1.81%). 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 -1.73% and 1.88%.

On an average Friday, the Karatgold Coin increased 0.44%. However, since the expected deviation is 2.21%, 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 -1.77% and 2.65%.

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 -0.12%. However, the standard deviation on this weekday is 0.74%. This means that on most Saturdays, the change in value of the Karatgold Coin is between -0.86% and 0.62%.

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 1.14% 2.74% -1.60% to 3.88%
Monday 0.17% 1.17% -0.99% to 1.34%
Tuesday -0.37% 3.79% -4.16% to 3.42%
Wednesday -0.36% 1.58% -1.94% to 1.22%
Thursday 0.08% 1.81% -1.73% to 1.88%
Friday 0.44% 2.21% -1.77% to 2.65%
Saturday -0.12% 0.74% -0.86% to 0.62%
 

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