Echoin (EC)

Current price: $ 0.000013

24 hours price change: $ 0.00000000 (0.01%)

Daily analysis of Echoin (EC) - 1 year

The performance of Echoin regarding the price differs every day. To make the best decision to buy Echoin, we are analysis in this article the performance of Echoin on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 year, starting on January 9th, 2024 to June 17th, 2024.

In the barchart below, the weekdays and average performance of Echoin are shown side by side.

Average daily change in price of Echoin per weekday between 01/09/2024 and 06/17/2024.

According to the performance of Echoin between January 9th, 2024 and June 17th, 2024, Echoin performed the best on Thursdays. On average, the price of Echoin increased 0.01% on Thursday.

The weekday on which the Echoin performed the worst, is Wednesday. On Wednesdays, the Echoin declined in value on average by -0.01%.

Echoin weekday performance

It is hard to tell whether the Echoin will increase or decrease in value on an average Sunday. The average change on a Sunday for the Echoin is -0.01%. However, the standard deviation on this weekday is 0.03%. This means that on most Sundays, the change in value of the Echoin is between -0.04% and 0.02%.

It is hard to tell whether the Echoin will increase or decrease in value on an average Monday. The average change on a Monday for the Echoin is 0.00%. However, the standard deviation on this weekday is 0.03%. This means that on most Mondays, the change in value of the Echoin is between -0.03% and 0.02%.

Echoin increased in value on an average Tuesday only slightly. The average increase in value of the Echoin was 0.00%. Allthough the Echoin 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 Tuesdays, the change in price of the Echoin is expected to be in the range of -0.05% and 0.05%.

It is hard to tell whether the Echoin will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Echoin is -0.01%. However, the standard deviation on this weekday is 0.04%. This means that on most Wednesdays, the change in value of the Echoin is between -0.06% and 0.03%.

Echoin increased in value on an average Thursday only slightly. The average increase in value of the Echoin was 0.01%. Allthough the Echoin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.04%). This means that on 68 percent of the Thursdays, the change in price of the Echoin is expected to be in the range of -0.04% and 0.05%.

Echoin increased in value on an average Friday only slightly. The average increase in value of the Echoin was 0.00%. Allthough the Echoin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.04%). This means that on 68 percent of the Fridays, the change in price of the Echoin is expected to be in the range of -0.03% and 0.04%.

It is hard to tell whether the Echoin will increase or decrease in value on an average Saturday. The average change on a Saturday for the Echoin is 0.00%. However, the standard deviation on this weekday is 0.04%. This means that on most Saturdays, the change in value of the Echoin is between -0.05% and 0.04%.

Echoin weekday performance details

Find below the details of the performance of Echoin 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 -0.01% 0.03% -0.04% to 0.02%
Monday 0.00% 0.03% -0.03% to 0.02%
Tuesday 0.00% 0.05% -0.05% to 0.05%
Wednesday -0.01% 0.04% -0.06% to 0.03%
Thursday 0.01% 0.04% -0.04% to 0.05%
Friday 0.00% 0.04% -0.03% to 0.04%
Saturday 0.00% 0.04% -0.05% to 0.04%
 

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