Kyber Network (KNC)

Current price: $ 0.70

24 hours price change: $ 0.002100 (0.30%)

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 June 3rd, 2019 to June 2nd, 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 06/03/2019 and 06/02/2020.

According to the performance of Kyber Network between June 3rd, 2019 and June 2nd, 2020, Kyber Network performed the best on Thursdays. On average, the price of Kyber Network increased 0.91% on Thursday.

The weekday on which the Kyber Network performed the worst, is Wednesday. On Wednesdays, the Kyber Network declined in value on average by -0.68%.

Kyber Network weekday performance

On an average Sunday, the Kyber Network increased 0.39%. However, since the expected deviation is 2.58%, the Kyber Network will decline in value on a Sunday quiet regularly. The expected price change of the Kyber Network on a Sunday is between -2.19% and 2.97%.

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 -0.29%. However, the standard deviation on this weekday is 3.76%. This means that on most Mondays, the change in value of the Kyber Network is between -4.05% and 3.47%.

On an average Tuesday, the Kyber Network increased 0.51%. However, since the expected deviation is 4.15%, the Kyber Network will decline in value on a Tuesday quiet regularly. The expected price change of the Kyber Network on a Tuesday is between -3.64% and 4.67%.

On Wednesdays, the Kyber Network decreases in value on average with -0.68%. On most of the Wednesdays the Kyber Network decreases in value between -5.70% and 4.33%. The uncertainty (5.02%) is higher than the average decline percentage (-0.68%). Therefore, expected range of price changes of the Kyber Network on Wednesdays is large.

Historical performance on Thursday 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 Thursday with 0.91%. However, the uncertainty of this increase is high. The expected change in value of the Kyber Network on a Thursday is between -3.80% and 5.62% (see also the table below).

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 -0.22%. However, the standard deviation on this weekday is 3.19%. This means that on most Fridays, the change in value of the Kyber Network is between -3.41% and 2.97%.

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 -0.01%. However, the standard deviation on this weekday is 2.76%. This means that on most Saturdays, the change in value of the Kyber Network is between -2.77% and 2.75%.

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 0.39% 2.58% -2.19% to 2.97%
Monday -0.29% 3.76% -4.05% to 3.47%
Tuesday 0.51% 4.15% -3.64% to 4.67%
Wednesday -0.68% 5.02% -5.70% to 4.33%
Thursday 0.91% 4.71% -3.80% to 5.62%
Friday -0.22% 3.19% -3.41% to 2.97%
Saturday -0.01% 2.76% -2.77% to 2.75%
 

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