Elastos (ELA)

Current price: $ 5.77

24 hours price change: $ 0.19 (3.44%)

Daily analysis of Elastos (ELA) - 1 year

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 1 year, starting on January 19th, 2021 to January 19th, 2022.

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

Average daily change in price of Elastos per weekday between 01/19/2021 and 01/19/2022.

According to the performance of Elastos between January 19th, 2021 and January 19th, 2022, Elastos performed the best on Thursdays. On average, the price of Elastos increased 0.27% on Thursday.

The weekday on which the Elastos performed the worst, is Tuesday. On Tuesdays, the Elastos declined in value on average by -0.48%.

Elastos weekday performance

Allthough the Elastos decreases in value with -0.36% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Elastos on Sundays is 1.97%. This means that the expected change of the value of Elastos is between -2.34% and 1.61% on 68 out of 100 Sundays.

It is hard to tell whether the Elastos will increase or decrease in value on an average Monday. The average change on a Monday for the Elastos is -0.09%. However, the standard deviation on this weekday is 2.89%. This means that on most Mondays, the change in value of the Elastos is between -2.98% and 2.80%.

Allthough the Elastos decreases in value with -0.48% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Elastos on Tuesdays is 2.27%. This means that the expected change of the value of Elastos is between -2.75% and 1.78% on 68 out of 100 Tuesdays.

Allthough the Elastos decreases in value with -0.38% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Elastos on Wednesdays is 2.67%. This means that the expected change of the value of Elastos is between -3.05% and 2.29% on 68 out of 100 Wednesdays.

Elastos increased in value on an average Thursday only slightly. The average increase in value of the Elastos was 0.27%. 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 (2.66%). This means that on 68 percent of the Thursdays, the change in price of the Elastos is expected to be in the range of -2.39% and 2.93%.

It is hard to tell whether the Elastos will increase or decrease in value on an average Friday. The average change on a Friday for the Elastos is -0.04%. However, the standard deviation on this weekday is 5.11%. This means that on most Fridays, the change in value of the Elastos is between -5.14% and 5.07%.

Allthough the Elastos decreases in value with -0.37% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Elastos on Saturdays is 3.36%. This means that the expected change of the value of Elastos is between -3.73% and 2.98% on 68 out of 100 Saturdays.

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 -0.36% 1.97% -2.34% to 1.61%
Monday -0.09% 2.89% -2.98% to 2.80%
Tuesday -0.48% 2.27% -2.75% to 1.78%
Wednesday -0.38% 2.67% -3.05% to 2.29%
Thursday 0.27% 2.66% -2.39% to 2.93%
Friday -0.04% 5.11% -5.14% to 5.07%
Saturday -0.37% 3.36% -3.73% to 2.98%
 

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