Electroneum (ETN)

Current price: $ 0.006749

24 hours price change: $ -0.000870 (-11.42%)

Daily analysis of Electroneum (ETN) - 1 month

The performance of Electroneum regarding the price differs every day. To make the best decision to buy Electroneum, we are analysis in this article the performance of Electroneum on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on December 22nd, 2021 to January 22nd, 2022.

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

Average daily change in price of Electroneum per weekday between 12/22/2021 and 01/22/2022.

According to the performance of Electroneum between December 22nd, 2021 and January 22nd, 2022, Electroneum performed the best on Saturdays. On average, the price of Electroneum increased 2.17% on Saturday.

The weekday on which the Electroneum performed the worst, is Thursday. On Thursdays, the Electroneum declined in value on average by -1.28%.

Electroneum weekday performance

Allthough the Electroneum decreases in value with -0.49% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Electroneum on Sundays is 0.33%. This means that the expected change of the value of Electroneum is between -0.82% and -0.17% on 68 out of 100 Sundays.

On Mondays, the Electroneum decreases in value on average with -0.78%. On most of the Mondays the Electroneum decreases in value between -2.05% and 0.48%. The uncertainty (1.26%) is higher than the average decline percentage (-0.78%). Therefore, expected range of price changes of the Electroneum on Mondays is large.

Allthough the Electroneum decreases in value with -0.41% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Electroneum on Tuesdays is 0.73%. This means that the expected change of the value of Electroneum is between -1.13% and 0.32% on 68 out of 100 Tuesdays.

Electroneum increased in value on an average Wednesday only slightly. The average increase in value of the Electroneum was 0.08%. Allthough the Electroneum closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.39%). This means that on 68 percent of the Wednesdays, the change in price of the Electroneum is expected to be in the range of -0.32% and 0.47%.

The Electroneum declines in value on an average Thursday with -1.28%. However, the uncertainty (or standard deviation) is quite large, namely 3.65%. This means that it is not possible to say whether on a regular Thursday the Electroneum will increase or decrease in value.

The Electroneum declines in value on an average Friday with -1.03%. However, the uncertainty (or standard deviation) is quite large, namely 2.07%. This means that it is not possible to say whether on a regular Friday the Electroneum will increase or decrease in value.

On an average Saturday the Electroneum shows an increase in value of 2.17%. However, the change of Electroneum on most of the Saturdays is between -0.22% and 4.56%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Electroneums.

Electroneum weekday performance details

Find below the details of the performance of Electroneum 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 -0.49% 0.33% -0.82% to -0.17%
Monday -0.78% 1.26% -2.05% to 0.48%
Tuesday -0.41% 0.73% -1.13% to 0.32%
Wednesday 0.08% 0.39% -0.32% to 0.47%
Thursday -1.28% 3.65% -4.93% to 2.37%
Friday -1.03% 2.07% -3.10% to 1.04%
Saturday 2.17% 2.39% -0.22% to 4.56%
 

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