Kyber Network (KNC)

Current price: $ 0.83

24 hours price change: $ -0.04 (-4.60%)

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 September 29th, 2020 to October 29th, 2020.

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 09/29/2020 and 10/29/2020.

According to the performance of Kyber Network between September 29th, 2020 and October 29th, 2020, Kyber Network performed the best on Thursdays. On average, the price of Kyber Network increased 0.21% on Thursday.

The weekday on which the Kyber Network performed the worst, is Tuesday. On Tuesdays, the Kyber Network declined in value on average by -0.15%.

Kyber Network weekday performance

Kyber Network increased in value on an average Sunday only slightly. The average increase in value of the Kyber Network was 0.19%. 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 (0.50%). This means that on 68 percent of the Sundays, the change in price of the Kyber Network is expected to be in the range of -0.32% and 0.69%.

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 -0.01%. However, the standard deviation on this weekday is 0.59%. This means that on most Mondays, the change in value of the Kyber Network is between -0.59% and 0.58%.

It is hard to tell whether the Kyber Network will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Kyber Network is -0.15%. However, the standard deviation on this weekday is 0.19%. This means that on most Tuesdays, the change in value of the Kyber Network is between -0.34% and 0.04%.

Kyber Network increased in value on an average Wednesday only slightly. The average increase in value of the Kyber Network was 0.00%. 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 (0.16%). 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 -0.16% and 0.16%.

Kyber Network increased in value on an average Thursday only slightly. The average increase in value of the Kyber Network was 0.21%. 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 (0.54%). This means that on 68 percent of the Thursdays, the change in price of the Kyber Network is expected to be in the range of -0.33% and 0.75%.

Kyber Network increased in value on an average Friday only slightly. The average increase in value of the Kyber Network was 0.02%. 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 (0.05%). This means that on 68 percent of the Fridays, the change in price of the Kyber Network is expected to be in the range of -0.03% and 0.07%.

It is hard to tell whether the Kyber Network will increase or decrease in value on an average Saturday. The average change on a Saturday for the Kyber Network is -0.10%. However, the standard deviation on this weekday is 0.20%. This means that on most Saturdays, the change in value of the Kyber Network is between -0.30% and 0.11%.

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 0.19% 0.50% -0.32% to 0.69%
Monday -0.01% 0.59% -0.59% to 0.58%
Tuesday -0.15% 0.19% -0.34% to 0.04%
Wednesday 0.00% 0.16% -0.16% to 0.16%
Thursday 0.21% 0.54% -0.33% to 0.75%
Friday 0.02% 0.05% -0.03% to 0.07%
Saturday -0.10% 0.20% -0.30% to 0.11%
 

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