Elastos (ELA)

Current price: $ 1.58

24 hours price change: $ 0.02 (1.21%)

Daily analysis of Elastos (ELA) - 1 month

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 month, starting on June 8th, 2020 to July 7th, 2020.

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 06/08/2020 and 07/07/2020.

According to the performance of Elastos between June 8th, 2020 and July 7th, 2020, Elastos performed the best on Mondays. On average, the price of Elastos increased 0.02% on Monday.

The weekday on which the Elastos performed the worst, is Friday. On Fridays, the Elastos declined in value on average by -0.10%.

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 0.00%. However, the standard deviation on this weekday is 0.04%. This means that on most Sundays, the change in value of the Elastos is between -0.04% and 0.04%.

Elastos increased in value on an average Monday only slightly. The average increase in value of the Elastos was 0.02%. 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 (0.06%). This means that on 68 percent of the Mondays, the change in price of the Elastos is expected to be in the range of -0.04% and 0.09%.

It is hard to tell whether the Elastos will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Elastos is -0.03%. However, the standard deviation on this weekday is 0.12%. This means that on most Tuesdays, the change in value of the Elastos is between -0.15% and 0.09%.

It is hard to tell whether the Elastos will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Elastos is -0.07%. However, the standard deviation on this weekday is 0.16%. This means that on most Wednesdays, the change in value of the Elastos is between -0.22% and 0.09%.

It is hard to tell whether the Elastos will increase or decrease in value on an average Thursday. The average change on a Thursday for the Elastos is -0.05%. However, the standard deviation on this weekday is 0.03%. This means that on most Thursdays, the change in value of the Elastos is between -0.07% and -0.02%.

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 -0.10%. However, the standard deviation on this weekday is 0.19%. This means that on most Fridays, the change in value of the Elastos is between -0.29% and 0.08%.

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 -0.01%. However, the standard deviation on this weekday is 0.06%. This means that on most Saturdays, the change in value of the Elastos is between -0.07% and 0.04%.

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 0.00% 0.04% -0.04% to 0.04%
Monday 0.02% 0.06% -0.04% to 0.09%
Tuesday -0.03% 0.12% -0.15% to 0.09%
Wednesday -0.07% 0.16% -0.22% to 0.09%
Thursday -0.05% 0.03% -0.07% to -0.02%
Friday -0.10% 0.19% -0.29% to 0.08%
Saturday -0.01% 0.06% -0.07% to 0.04%
 

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