Electroneum (ETN)

Current price: $ 0.005179

24 hours price change: $ -0.001125 (-17.85%)

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 5th, 2024 to March 5th, 2024.

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 02/05/2024 and 03/05/2024.

According to the performance of Electroneum between February 5th, 2024 and March 5th, 2024, Electroneum performed the best on Sundays. On average, the price of Electroneum increased 5.84% on Sunday.

The weekday on which the Electroneum performed the worst, is Friday. On Fridays, the Electroneum declined in value on average by -1.39%.

Electroneum weekday performance

On Sundays, the average increase of the value of the Electroneum is very high. The average increase is 5.84%. The standard deviation of the Electroneum on Sundays is 5.26%. This means that on 68% of the Sundays, the Electroneum increases between 0.59% and 11.10%. The uncertainty is therefore not very high, since on most Sundays, the value of the Electroneum will increase.

On an average Monday the Electroneum shows an increase in value of 2.61%. However, the change of Electroneum on most of the Mondays is between -6.83% and 12.06%. Therefore it is hard to tell whether an average Monday is a good day to start buying Electroneums.

On an average Tuesday the Electroneum shows an increase in value of 1.85%. However, the change of Electroneum on most of the Tuesdays is between -2.08% and 5.78%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Electroneums.

On Wednesdays, the average increase of the value of the Electroneum is very high. The average increase is 5.44%. The standard deviation of the Electroneum on Wednesdays is 4.04%. This means that on 68% of the Wednesdays, the Electroneum increases between 1.40% and 9.47%. The uncertainty is therefore not very high, since on most Wednesdays, the value of the Electroneum will increase.

On an average Thursday the Electroneum shows an increase in value of 1.64%. However, the change of Electroneum on most of the Thursdays is between -2.03% and 5.32%. 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 -1.39%. However, the uncertainty (or standard deviation) is quite large, namely 2.29%. This means that it is not possible to say whether on a regular Friday the Electroneum will increase or decrease in value.

The Electroneum declines in value on an average Saturday with -1.22%. However, the uncertainty (or standard deviation) is quite large, namely 2.82%. This means that it is not possible to say whether on a regular Saturday the Electroneum will increase or decrease in value.

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 5.84% 5.26% 0.59% to 11.10%
Monday 2.61% 9.44% -6.83% to 12.06%
Tuesday 1.85% 3.93% -2.08% to 5.78%
Wednesday 5.44% 4.04% 1.40% to 9.47%
Thursday 1.64% 3.67% -2.03% to 5.32%
Friday -1.39% 2.29% -3.68% to 0.89%
Saturday -1.22% 2.82% -4.04% to 1.60%
 

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