Kyber Network (KNC)

Current price: $ 2.80

24 hours price change: $ -0.14 (-4.82%)

Daily analysis of Kyber Network (KNC) - 1 month

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 1 month, starting on March 19th, 2021 to April 19th, 2021.

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 03/19/2021 and 04/19/2021.

According to the performance of Kyber Network between March 19th, 2021 and April 19th, 2021, Kyber Network performed the best on Sundays. On average, the price of Kyber Network increased 2.11% on Sunday.

The weekday on which the Kyber Network performed the worst, is Wednesday. On Wednesdays, the Kyber Network declined in value on average by -1.08%.

Kyber Network weekday performance

On an average Sunday the Kyber Network shows an increase in value of 2.11%. However, the change of Kyber Network on most of the Sundays is between -0.68% and 4.90%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Kyber Networks.

Kyber Network increased in value on an average Monday only slightly. The average increase in value of the Kyber Network was 0.27%. Allthough the Kyber Network closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (2.23%). This means that on 68 percent of the Mondays, the change in price of the Kyber Network is expected to be in the range of -1.96% and 2.51%.

The expected range of change of the Kyber Network for an average Tuesday is between 0.51% and 1.21%. This is the result of an average increase in value of 0.86% and a standard deviation of %STANDARD_DEVIATION%}. This expected increase of value is calculated over the last 1 month.

The Kyber Network declines in value on an average Wednesday with -1.08%. However, the uncertainty (or standard deviation) is quite large, namely 1.25%. This means that it is not possible to say whether on a regular Wednesday the Kyber Network will increase or decrease in value.

On Thursdays, the Kyber Network decreases in value on average with -0.66%. On most of the Thursdays the Kyber Network decreases in value between -2.79% and 1.47%. The uncertainty (2.13%) is higher than the average decline percentage (-0.66%). Therefore, expected range of price changes of the Kyber Network on Thursdays is large.

On an average Friday the Kyber Network shows an increase in value of 1.62%. However, the change of Kyber Network on most of the Fridays is between -1.47% and 4.72%. Therefore it is hard to tell whether an average Friday is a good day to start buying Kyber Networks.

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 0.68%. However, the uncertainty of this increase is high. The expected change in value of the Kyber Network on a Saturday is between -0.26% and 1.62% (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 2.11% 2.79% -0.68% to 4.90%
Monday 0.27% 2.23% -1.96% to 2.51%
Tuesday 0.86% 0.35% 0.51% to 1.21%
Wednesday -1.08% 1.25% -2.32% to 0.17%
Thursday -0.66% 2.13% -2.79% to 1.47%
Friday 1.62% 3.10% -1.47% to 4.72%
Saturday 0.68% 0.94% -0.26% to 1.62%
 

We use cookies on our website. Some of them are essential for the operation of the site, while others help us to improve this site and the user experience (tracking cookies). You can decide for yourself whether you want to allow cookies or not. Please note that if you reject them, you may not be able to use all the functionalities of the site.