Kyber Network (KNC)

Current price: $ 0.81

24 hours price change: $ 0.008900 (1.11%)

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 December 28th, 2022 to January 28th, 2023.

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 12/28/2022 and 01/28/2023.

According to the performance of Kyber Network between December 28th, 2022 and January 28th, 2023, Kyber Network performed the best on Tuesdays. On average, the price of Kyber Network increased 0.98% on Tuesday.

The weekday on which the Kyber Network performed the worst, is Sunday. On Sundays, the Kyber Network declined in value on average by -0.72%.

Kyber Network weekday performance

On Sundays, the Kyber Network decreases in value on average with -0.72%. On most of the Sundays the Kyber Network decreases in value between -1.39% and -0.04%. The uncertainty (0.68%) is higher than the average decline percentage (-0.72%). Therefore, expected range of price changes of the Kyber Network on Sundays is large.

It is hard to tell whether the Kyber Network will increase or decrease in value on an average Monday. The average change on a Monday for the Kyber Network is -0.09%. However, the standard deviation on this weekday is 0.23%. This means that on most Mondays, the change in value of the Kyber Network is between -0.32% and 0.14%.

The expected range of change of the Kyber Network for an average Tuesday is between 0.31% and 1.66%. This is the result of an average increase in value of 0.98% and a standard deviation of %STANDARD_DEVIATION%}. This expected increase of value is calculated over the last 1 month.

Kyber Network increased in value on an average Wednesday only slightly. The average increase in value of the Kyber Network was 0.28%. 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 (1.64%). This means that on 68 percent of the Wednesdays, the change in price of the Kyber Network is expected to be in the range of -1.37% and 1.92%.

Allthough the Kyber Network decreases in value with -0.39% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Kyber Network on Thursdays is 1.69%. This means that the expected change of the value of Kyber Network is between -2.08% and 1.31% on 68 out of 100 Thursdays.

It is hard to tell whether the Kyber Network will increase or decrease in value on an average Friday. The average change on a Friday for the Kyber Network is -0.20%. However, the standard deviation on this weekday is 0.67%. This means that on most Fridays, the change in value of the Kyber Network is between -0.87% and 0.47%.

The expected range of change of the Kyber Network for an average Saturday is between 0.13% and 1.83%. This is the result of an average increase in value of 0.98% and a standard deviation of %STANDARD_DEVIATION%}. This expected increase of value is calculated over the last 1 month.

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 -0.72% 0.68% -1.39% to -0.04%
Monday -0.09% 0.23% -0.32% to 0.14%
Tuesday 0.98% 0.67% 0.31% to 1.66%
Wednesday 0.28% 1.64% -1.37% to 1.92%
Thursday -0.39% 1.69% -2.08% to 1.31%
Friday -0.20% 0.67% -0.87% to 0.47%
Saturday 0.98% 0.85% 0.13% to 1.83%
 

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