Electroneum (ETN)

Current price: $ 0.006442

24 hours price change: $ -0.000184 (-2.78%)

Daily analysis of Electroneum (ETN) - 1 year

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 year, starting on July 2nd, 2019 to July 1st, 2020.

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 07/02/2019 and 07/01/2020.

According to the performance of Electroneum between July 2nd, 2019 and July 1st, 2020, Electroneum performed the best on Sundays. On average, the price of Electroneum increased 0.49% on Sunday.

The weekday on which the Electroneum performed the worst, is Monday. On Mondays, the Electroneum declined in value on average by -0.71%.

Electroneum weekday performance

On an average Sunday, the Electroneum increased 0.49%. However, since the expected deviation is 3.43%, the Electroneum will decline in value on a Sunday quiet regularly. The expected price change of the Electroneum on a Sunday is between -2.94% and 3.93%.

On Mondays, the Electroneum decreases in value on average with -0.71%. On most of the Mondays the Electroneum decreases in value between -3.42% and 1.99%. The uncertainty (2.71%) is higher than the average decline percentage (-0.71%). Therefore, expected range of price changes of the Electroneum on Mondays is large.

On an average Tuesday, the Electroneum increased 0.38%. However, since the expected deviation is 3.16%, the Electroneum will decline in value on a Tuesday quiet regularly. The expected price change of the Electroneum on a Tuesday is between -2.78% and 3.55%.

It is hard to tell whether the Electroneum will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Electroneum is -0.04%. However, the standard deviation on this weekday is 2.10%. This means that on most Wednesdays, the change in value of the Electroneum is between -2.14% and 2.07%.

Electroneum increased in value on an average Thursday only slightly. The average increase in value of the Electroneum was 0.04%. 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 (2.42%). This means that on 68 percent of the Thursdays, the change in price of the Electroneum is expected to be in the range of -2.38% and 2.46%.

It is hard to tell whether the Electroneum will increase or decrease in value on an average Friday. The average change on a Friday for the Electroneum is -0.04%. However, the standard deviation on this weekday is 2.39%. This means that on most Fridays, the change in value of the Electroneum is between -2.43% and 2.35%.

Electroneum increased in value on an average Saturday only slightly. The average increase in value of the Electroneum was 0.24%. 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 (2.02%). This means that on 68 percent of the Saturdays, the change in price of the Electroneum is expected to be in the range of -1.78% and 2.25%.

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% 3.43% -2.94% to 3.93%
Monday -0.71% 2.71% -3.42% to 1.99%
Tuesday 0.38% 3.16% -2.78% to 3.55%
Wednesday -0.04% 2.10% -2.14% to 2.07%
Thursday 0.04% 2.42% -2.38% to 2.46%
Friday -0.04% 2.39% -2.43% to 2.35%
Saturday 0.24% 2.02% -1.78% to 2.25%
 

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