The performance of Enigma regarding the price differs every day. To make the best decision to buy Enigma, we are analysis in this article the performance of Enigma on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on December 26th, 2021 to January 26th, 2022.
In the barchart below, the weekdays and average performance of Enigma are shown side by side.
According to the performance of Enigma between December 26th, 2021 and January 26th, 2022, Enigma performed the best on Sundays. On average, the price of Enigma increased 0.31% on Sunday.
The weekday on which the Enigma performed the worst, is Saturday. On Saturdays, the Enigma declined in value on average by -2.83%.
Enigma weekday performance
On an average Sunday, the Enigma increased 0.31%. However, since the expected deviation is 0.53%, the Enigma will decline in value on a Sunday quiet regularly. The expected price change of the Enigma on a Sunday is between -0.21% and 0.84%.
It is hard to tell whether the Enigma will increase or decrease in value on an average Monday. The average change on a Monday for the Enigma is -0.22%. However, the standard deviation on this weekday is 1.23%. This means that on most Mondays, the change in value of the Enigma is between -1.46% and 1.01%.
Allthough the Enigma decreases in value with -0.56% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Enigma on Tuesdays is 0.77%. This means that the expected change of the value of Enigma is between -1.33% and 0.22% on 68 out of 100 Tuesdays.
On Wednesdays, the Enigma decreases in value on average with -0.61%. On most of the Wednesdays the Enigma decreases in value between -2.09% and 0.87%. The uncertainty (1.48%) is higher than the average decline percentage (-0.61%). Therefore, expected range of price changes of the Enigma on Wednesdays is large.
Enigma increased in value on an average Thursday only slightly. The average increase in value of the Enigma was 0.16%. Allthough the Enigma closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.34%). This means that on 68 percent of the Thursdays, the change in price of the Enigma is expected to be in the range of -0.17% and 0.50%.
The Enigma declines in value on an average Friday with -2.79%. However, the uncertainty (or standard deviation) is quite large, namely 3.20%. This means that it is not possible to say whether on a regular Friday the Enigma will increase or decrease in value.
The Enigma declines in value on an average Saturday with -2.83%. However, the uncertainty (or standard deviation) is quite large, namely 5.55%. This means that it is not possible to say whether on a regular Saturday the Enigma will increase or decrease in value.
Enigma weekday performance details
Find below the details of the performance of Enigma 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||0.31%||0.53%||-0.21% to 0.84%|
|Monday||-0.22%||1.23%||-1.46% to 1.01%|
|Tuesday||-0.56%||0.77%||-1.33% to 0.22%|
|Wednesday||-0.61%||1.48%||-2.09% to 0.87%|
|Thursday||0.16%||0.34%||-0.17% to 0.50%|
|Friday||-2.79%||3.20%||-5.99% to 0.41%|
|Saturday||-2.83%||5.55%||-8.38% to 2.71%|