Kyber Network (KNC)

Current price: $ 0.18

24 hours price change: $ -0.007357 (-3.92%)

Daily analysis of Kyber Network (KNC) - all

The performance of Kyber Network regarding the price differs every day. To make the best decision to buy Kyber Network, we are analysis in this article the performance of Kyber Network on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on August 21st, 2015 to October 19th, 2019.

In the barchart below, the weekdays and average performance of Kyber Network are shown side by side.

Average daily change in price of Kyber Network per weekday between 08/21/2015 and 10/19/2019.

According to the performance of Kyber Network between August 21st, 2015 and October 19th, 2019, Kyber Network performed the best on Fridays. On average, the price of Kyber Network increased 3.75% on Friday.

The weekday on which the Kyber Network performed the worst, is Wednesday. On Wednesdays, the Kyber Network rose in value on average by 0.46%. The price still increased on Wednesdays, allthough it was the smallest increase of all days on average.

Kyber Network weekday performance

On an average Sunday the Kyber Network shows an increase in value of 2.00%. However, the change of Kyber Network on most of the Sundays is between -27.26% and 31.27%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Kyber Networks.

On an average Monday the Kyber Network shows an increase in value of 1.61%. However, the change of Kyber Network on most of the Mondays is between -23.02% and 26.24%. Therefore it is hard to tell whether an average Monday is a good day to start buying Kyber Networks.

The increase in value of the Kyber Network is 3.36% on an average Tuesday. However, the uncertainty on the average change is high for the Kyber Network on Tuesdays. This is the reason why an expected increase of the Kyber Network on an average Tuesday cannot be predicted. The standard deviation for Kyber Network on Tuesdays is high, namely 69.44%. This means that the expected range of value change for the Kyber Network is -66.08% and 72.79% on 68% of the Tuesdays.

On an average Wednesday, the Kyber Network increased 0.46%. However, since the expected deviation is 15.85%, the Kyber Network will decline in value on a Wednesday quiet regularly. The expected price change of the Kyber Network on a Wednesday is between -15.39% and 16.31%.

On an average Thursday the Kyber Network shows an increase in value of 1.85%. However, the change of Kyber Network on most of the Thursdays is between -19.87% and 23.57%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Kyber Networks.

The increase in value of the Kyber Network is 3.75% on an average Friday. However, the uncertainty on the average change is high for the Kyber Network on Fridays. This is the reason why an expected increase of the Kyber Network on an average Friday cannot be predicted. The standard deviation for Kyber Network on Fridays is high, namely 61.19%. This means that the expected range of value change for the Kyber Network is -57.43% and 64.94% on 68% of the Fridays.

Historical performance on Saturday do not show an increase in value of the Kyber Network on which a prediction can be made. The Kyber Network increased in value on average on an average Saturday with 0.60%. However, the uncertainty of this increase is high. The expected change in value of the Kyber Network on a Saturday is between -34.89% and 36.10% (see also the table below).

Kyber Network weekday performance details

Find below the details of the performance of Kyber Network 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 2.00% 29.26% -27.26% to 31.27%
Monday 1.61% 24.63% -23.02% to 26.24%
Tuesday 3.36% 69.44% -66.08% to 72.79%
Wednesday 0.46% 15.85% -15.39% to 16.31%
Thursday 1.85% 21.72% -19.87% to 23.57%
Friday 3.75% 61.19% -57.43% to 64.94%
Saturday 0.60% 35.49% -34.89% to 36.10%