KuCoin Shares (KCS)

Current price: $ 0.92

24 hours price change: $ 0.02 (2.07%)

Daily analysis of KuCoin Shares (KCS) - all

The performance of KuCoin Shares regarding the price differs every day. To make the best decision to buy KuCoin Shares, we are analysis in this article the performance of KuCoin Shares on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on December 12th, 2017 to August 5th, 2020.

In the barchart below, the weekdays and average performance of KuCoin Shares are shown side by side.

Average daily change in price of KuCoin Shares per weekday between 12/12/2017 and 08/05/2020.

According to the performance of KuCoin Shares between December 12th, 2017 and August 5th, 2020, KuCoin Shares performed the best on Fridays. On average, the price of KuCoin Shares increased 1.49% on Friday.

The weekday on which the KuCoin Shares performed the worst, is Wednesday. On Wednesdays, the KuCoin Shares declined in value on average by -0.60%.

KuCoin Shares weekday performance

It is hard to tell whether the KuCoin Shares will increase or decrease in value on an average Sunday. The average change on a Sunday for the KuCoin Shares is -0.04%. However, the standard deviation on this weekday is 7.18%. This means that on most Sundays, the change in value of the KuCoin Shares is between -7.22% and 7.15%.

On an average Monday, the KuCoin Shares increased 0.45%. However, since the expected deviation is 10.52%, the KuCoin Shares will decline in value on a Monday quiet regularly. The expected price change of the KuCoin Shares on a Monday is between -10.07% and 10.97%.

On an average Tuesday, the KuCoin Shares increased 0.54%. However, since the expected deviation is 7.20%, the KuCoin Shares will decline in value on a Tuesday quiet regularly. The expected price change of the KuCoin Shares on a Tuesday is between -6.66% and 7.75%.

On Wednesdays, the KuCoin Shares decreases in value on average with -0.60%. On most of the Wednesdays the KuCoin Shares decreases in value between -6.55% and 5.35%. The uncertainty (5.95%) is higher than the average decline percentage (-0.60%). Therefore, expected range of price changes of the KuCoin Shares on Wednesdays is large.

On an average Thursday, the KuCoin Shares increased 0.58%. However, since the expected deviation is 5.56%, the KuCoin Shares will decline in value on a Thursday quiet regularly. The expected price change of the KuCoin Shares on a Thursday is between -4.98% and 6.14%.

On an average Friday the KuCoin Shares shows an increase in value of 1.49%. However, the change of KuCoin Shares on most of the Fridays is between -8.37% and 11.35%. Therefore it is hard to tell whether an average Friday is a good day to start buying KuCoin Sharess.

KuCoin Shares increased in value on an average Saturday only slightly. The average increase in value of the KuCoin Shares was 0.11%. Allthough the KuCoin Shares closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (6.11%). This means that on 68 percent of the Saturdays, the change in price of the KuCoin Shares is expected to be in the range of -6.00% and 6.23%.

KuCoin Shares weekday performance details

Find below the details of the performance of KuCoin Shares 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 -0.04% 7.18% -7.22% to 7.15%
Monday 0.45% 10.52% -10.07% to 10.97%
Tuesday 0.54% 7.20% -6.66% to 7.75%
Wednesday -0.60% 5.95% -6.55% to 5.35%
Thursday 0.58% 5.56% -4.98% to 6.14%
Friday 1.49% 9.86% -8.37% to 11.35%
Saturday 0.11% 6.11% -6.00% to 6.23%
 

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