KuCoin Shares (KCS)

Current price: $ 16.72

24 hours price change: $ 0.03 (0.17%)

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 April 24th, 2022 to May 24th, 2022.

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 04/24/2022 and 05/24/2022.

According to the performance of KuCoin Shares between April 24th, 2022 and May 24th, 2022, KuCoin Shares performed the best on Thursdays. On average, the price of KuCoin Shares increased 0.61% on Thursday.

The weekday on which the KuCoin Shares performed the worst, is Saturday. On Saturdays, the KuCoin Shares declined in value on average by -2.07%.

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 0.08%. 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 (0.12%). 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 -0.04% and 0.19%.

KuCoin Shares increased in value on an average Monday only slightly. The average increase in value of the KuCoin Shares was 0.02%. 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 Mondays, the change in price of the KuCoin Shares is expected to be in the range of -0.09% and 0.13%.

KuCoin Shares increased in value on an average Tuesday only slightly. The average increase in value of the KuCoin Shares was 0.20%. 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 (0.22%). This means that on 68 percent of the Tuesdays, the change in price of the KuCoin Shares is expected to be in the range of -0.02% and 0.41%.

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 -0.08%. However, the standard deviation on this weekday is 0.04%. This means that on most Wednesdays, the change in value of the KuCoin Shares is between -0.12% and -0.04%.

Historical performance on Thursday do not show an increase in value of the KuCoin Shares on which a prediction can be made. The KuCoin Shares 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 KuCoin Shares on a Thursday is between -0.17% and 1.40% (see also the table below).

On Fridays, the KuCoin Shares decreases in value on average with -0.73%. On most of the Fridays the KuCoin Shares decreases in value between -2.09% and 0.64%. The uncertainty (1.37%) is higher than the average decline percentage (-0.73%). Therefore, expected range of price changes of the KuCoin Shares on Fridays is large.

The KuCoin Shares declines in value on an average Saturday with -2.07%. However, the uncertainty (or standard deviation) is quite large, namely 3.59%. This means that it is not possible to say whether on a regular Saturday the KuCoin Shares will increase or decrease in value.

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 0.08% 0.12% -0.04% to 0.19%
Monday 0.02% 0.11% -0.09% to 0.13%
Tuesday 0.20% 0.22% -0.02% to 0.41%
Wednesday -0.08% 0.04% -0.12% to -0.04%
Thursday 0.61% 0.78% -0.17% to 1.40%
Friday -0.73% 1.37% -2.09% to 0.64%
Saturday -2.07% 3.59% -5.67% to 1.52%
 

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