The performance of Elastos regarding the price differs every day. To make the best decision to buy Elastos, we are analysis in this article the performance of Elastos on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on February 6th, 2018 to January 25th, 2022.
In the barchart below, the weekdays and average performance of Elastos are shown side by side.
According to the performance of Elastos between February 6th, 2018 and January 25th, 2022, Elastos performed the best on Thursdays. On average, the price of Elastos increased 0.44% on Thursday.
The weekday on which the Elastos performed the worst, is Tuesday. On Tuesdays, the Elastos declined in value on average by -0.65%.
Elastos weekday performance
It is hard to tell whether the Elastos will increase or decrease in value on an average Sunday. The average change on a Sunday for the Elastos is -0.29%. However, the standard deviation on this weekday is 2.98%. This means that on most Sundays, the change in value of the Elastos is between -3.28% and 2.69%.
Allthough the Elastos decreases in value with -0.47% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Elastos on Mondays is 3.80%. This means that the expected change of the value of Elastos is between -4.27% and 3.32% on 68 out of 100 Mondays.
On Tuesdays, the Elastos decreases in value on average with -0.65%. On most of the Tuesdays the Elastos decreases in value between -4.38% and 3.09%. The uncertainty (3.74%) is higher than the average decline percentage (-0.65%). Therefore, expected range of price changes of the Elastos on Tuesdays is large.
Allthough the Elastos decreases in value with -0.33% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Elastos on Wednesdays is 3.23%. This means that the expected change of the value of Elastos is between -3.56% and 2.90% on 68 out of 100 Wednesdays.
On an average Thursday, the Elastos increased 0.44%. However, since the expected deviation is 4.52%, the Elastos will decline in value on a Thursday quiet regularly. The expected price change of the Elastos on a Thursday is between -4.09% and 4.96%.
Elastos increased in value on an average Friday only slightly. The average increase in value of the Elastos was 0.08%. Allthough the Elastos closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (4.62%). This means that on 68 percent of the Fridays, the change in price of the Elastos is expected to be in the range of -4.54% and 4.70%.
It is hard to tell whether the Elastos will increase or decrease in value on an average Saturday. The average change on a Saturday for the Elastos is -0.23%. However, the standard deviation on this weekday is 3.68%. This means that on most Saturdays, the change in value of the Elastos is between -3.91% and 3.46%.
Elastos weekday performance details
Find below the details of the performance of Elastos 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||-0.29%||2.98%||-3.28% to 2.69%|
|Monday||-0.47%||3.80%||-4.27% to 3.32%|
|Tuesday||-0.65%||3.74%||-4.38% to 3.09%|
|Wednesday||-0.33%||3.23%||-3.56% to 2.90%|
|Thursday||0.44%||4.52%||-4.09% to 4.96%|
|Friday||0.08%||4.62%||-4.54% to 4.70%|
|Saturday||-0.23%||3.68%||-3.91% to 3.46%|