KuCoin Shares (KCS)

Current price: $ 0.84

24 hours price change: $ -0.08 (-8.76%)

Daily analysis of KuCoin Shares (KCS) - 1 month

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 1 month, starting on August 28th, 2020 to September 27th, 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 08/28/2020 and 09/27/2020.

According to the performance of KuCoin Shares between August 28th, 2020 and September 27th, 2020, KuCoin Shares performed the best on Fridays. On average, the price of KuCoin Shares increased 0.20% on Friday.

The weekday on which the KuCoin Shares performed the worst, is Saturday. On Saturdays, the KuCoin Shares declined in value on average by -0.46%.

KuCoin Shares weekday performance

KuCoin Shares increased in value on an average Sunday only slightly. The average increase in value of the KuCoin Shares was 0.06%. 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 (0.11%). This means that on 68 percent of the Sundays, the change in price of the KuCoin Shares is expected to be in the range of -0.05% and 0.17%.

The KuCoin Shares will almost not change or only slightly increase in value on an average Monday. The average change of the KuCoin Shares on Mondays is 0.19%. The standard deviation of the KuCoin Shares is 0.12%, which means that in 68% of the Mondays, the range of the change of the KuCoin Shares is 0.07% and 0.31%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.

It is hard to tell whether the KuCoin Shares will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the KuCoin Shares is -0.06%. However, the standard deviation on this weekday is 0.08%. This means that on most Tuesdays, the change in value of the KuCoin Shares is between -0.14% and 0.01%.

It is hard to tell whether the KuCoin Shares will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the KuCoin Shares is -0.02%. However, the standard deviation on this weekday is 0.07%. This means that on most Wednesdays, the change in value of the KuCoin Shares is between -0.08% and 0.05%.

KuCoin Shares increased in value on an average Thursday 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 (0.11%). This means that on 68 percent of the Thursdays, the change in price of the KuCoin Shares is expected to be in the range of 0.00% and 0.22%.

The KuCoin Shares will almost not change or only slightly increase in value on an average Friday. The average change of the KuCoin Shares on Fridays is 0.20%. The standard deviation of the KuCoin Shares is 0.13%, which means that in 68% of the Fridays, the range of the change of the KuCoin Shares is 0.07% and 0.33%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.

Allthough the KuCoin Shares decreases in value with -0.46% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of KuCoin Shares on Saturdays is 0.85%. This means that the expected change of the value of KuCoin Shares is between -1.31% and 0.39% on 68 out of 100 Saturdays.

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 0.06% 0.11% -0.05% to 0.17%
Monday 0.19% 0.12% 0.07% to 0.31%
Tuesday -0.06% 0.08% -0.14% to 0.01%
Wednesday -0.02% 0.07% -0.08% to 0.05%
Thursday 0.11% 0.11% 0.00% to 0.22%
Friday 0.20% 0.13% 0.07% to 0.33%
Saturday -0.46% 0.85% -1.31% to 0.39%
 

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