Electroneum (ETN)

Current price: $ 0.01

24 hours price change: $ 0.000338 (2.85%)

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 February 8th, 2021 to March 8th, 2021.

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 02/08/2021 and 03/08/2021.

According to the performance of Electroneum between February 8th, 2021 and March 8th, 2021, Electroneum performed the best on Saturdays. On average, the price of Electroneum increased 3.55% on Saturday.

The weekday on which the Electroneum performed the worst, is Wednesday. On Wednesdays, the Electroneum declined in value on average by -2.95%.

Electroneum weekday performance

Electroneum increased in value on an average Sunday only slightly. The average increase in value of the Electroneum was 0.05%. 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 (4.77%). This means that on 68 percent of the Sundays, the change in price of the Electroneum is expected to be in the range of -4.72% and 4.82%.

On Mondays, the Electroneum decreases in value on average with -0.76%. On most of the Mondays the Electroneum decreases in value between -7.63% and 6.11%. The uncertainty (6.87%) is higher than the average decline percentage (-0.76%). Therefore, expected range of price changes of the Electroneum on Mondays is large.

On Tuesdays, the Electroneum decreases in value on average with -0.78%. On most of the Tuesdays the Electroneum decreases in value between -1.33% and -0.23%. The uncertainty (0.55%) is higher than the average decline percentage (-0.78%). Therefore, expected range of price changes of the Electroneum on Tuesdays is large.

The Electroneum declines in value on an average Wednesday with -2.95%. However, the uncertainty (or standard deviation) is quite large, namely 5.27%. This means that it is not possible to say whether on a regular Wednesday the Electroneum will increase or decrease in value.

On an average Thursday the Electroneum shows an increase in value of 2.03%. However, the change of Electroneum on most of the Thursdays is between -0.72% and 4.79%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Electroneums.

The Electroneum declines in value on an average Friday with -2.47%. However, the uncertainty (or standard deviation) is quite large, namely 8.49%. This means that it is not possible to say whether on a regular Friday the Electroneum will increase or decrease in value.

On Saturdays, the average increase of the value of the Electroneum is very high. The average increase is 3.55%. The standard deviation of the Electroneum on Saturdays is 1.85%. This means that on 68% of the Saturdays, the Electroneum increases between 1.70% and 5.40%. The uncertainty is therefore not very high, since on most Saturdays, the value of the Electroneum will increase.

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 0.05% 4.77% -4.72% to 4.82%
Monday -0.76% 6.87% -7.63% to 6.11%
Tuesday -0.78% 0.55% -1.33% to -0.23%
Wednesday -2.95% 5.27% -8.22% to 2.32%
Thursday 2.03% 2.76% -0.72% to 4.79%
Friday -2.47% 8.49% -10.95% to 6.02%
Saturday 3.55% 1.85% 1.70% to 5.40%
 

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