Kyber Network (KNC)

Current price: $ 0.93

24 hours price change: $ 0.03 (3.67%)

Daily analysis of Kyber Network (KNC) - 1 year

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 year, starting on September 23rd, 2019 to September 22nd, 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 09/23/2019 and 09/22/2020.

According to the performance of Kyber Network between September 23rd, 2019 and September 22nd, 2020, Kyber Network performed the best on Saturdays. On average, the price of Kyber Network increased 0.38% on Saturday.

The weekday on which the Kyber Network performed the worst, is Friday. On Fridays, the Kyber Network declined in value on average by -0.09%.

Kyber Network weekday performance

It is hard to tell whether the Kyber Network will increase or decrease in value on an average Sunday. The average change on a Sunday for the Kyber Network is -0.08%. However, the standard deviation on this weekday is 1.28%. This means that on most Sundays, the change in value of the Kyber Network is between -1.36% and 1.19%.

Kyber Network increased in value on an average Monday only slightly. The average increase in value of the Kyber Network was 0.17%. 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 (1.08%). 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 -0.91% and 1.25%.

Kyber Network increased in value on an average Tuesday only slightly. The average increase in value of the Kyber Network was 0.29%. 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 (1.51%). This means that on 68 percent of the Tuesdays, the change in price of the Kyber Network is expected to be in the range of -1.23% and 1.80%.

It is hard to tell whether the Kyber Network will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Kyber Network is -0.04%. However, the standard deviation on this weekday is 1.31%. This means that on most Wednesdays, the change in value of the Kyber Network is between -1.35% and 1.27%.

Kyber Network increased in value on an average Thursday only slightly. The average increase in value of the Kyber Network was 0.08%. 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 (1.65%). 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 -1.57% and 1.73%.

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 -0.09%. However, the standard deviation on this weekday is 0.93%. This means that on most Fridays, the change in value of the Kyber Network is between -1.02% and 0.84%.

On an average Saturday, the Kyber Network increased 0.38%. However, since the expected deviation is 1.79%, the Kyber Network will decline in value on a Saturday quiet regularly. The expected price change of the Kyber Network on a Saturday is between -1.41% and 2.17%.

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 -0.08% 1.28% -1.36% to 1.19%
Monday 0.17% 1.08% -0.91% to 1.25%
Tuesday 0.29% 1.51% -1.23% to 1.80%
Wednesday -0.04% 1.31% -1.35% to 1.27%
Thursday 0.08% 1.65% -1.57% to 1.73%
Friday -0.09% 0.93% -1.02% to 0.84%
Saturday 0.38% 1.79% -1.41% to 2.17%
 

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