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 year, starting on August 7th, 2021 to August 7th, 2022.
In the barchart below, the weekdays and average performance of Enigma are shown side by side.
According to the performance of Enigma between August 7th, 2021 and August 7th, 2022, Enigma performed the best on Saturdays. On average, the price of Enigma increased 0.59% on Saturday.
The weekday on which the Enigma performed the worst, is Tuesday. On Tuesdays, the Enigma declined in value on average by -0.99%.
Enigma weekday performance
Enigma increased in value on an average Sunday only slightly. The average increase in value of the Enigma was 0.17%. 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 (2.23%). This means that on 68 percent of the Sundays, the change in price of the Enigma is expected to be in the range of -2.05% and 2.40%.
Allthough the Enigma decreases in value with -0.42% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Enigma on Mondays is 2.92%. This means that the expected change of the value of Enigma is between -3.34% and 2.51% on 68 out of 100 Mondays.
On Tuesdays, the Enigma decreases in value on average with -0.99%. On most of the Tuesdays the Enigma decreases in value between -5.47% and 3.49%. The uncertainty (4.48%) is higher than the average decline percentage (-0.99%). Therefore, expected range of price changes of the Enigma on Tuesdays is large.
Allthough the Enigma decreases in value with -0.47% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Enigma on Wednesdays is 2.93%. This means that the expected change of the value of Enigma is between -3.40% and 2.46% on 68 out of 100 Wednesdays.
Allthough the Enigma decreases in value with -0.59% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Enigma on Thursdays is 6.72%. This means that the expected change of the value of Enigma is between -7.31% and 6.12% on 68 out of 100 Thursdays.
On Fridays, the Enigma decreases in value on average with -0.89%. On most of the Fridays the Enigma decreases in value between -7.16% and 5.37%. The uncertainty (6.26%) is higher than the average decline percentage (-0.89%). Therefore, expected range of price changes of the Enigma on Fridays is large.
On an average Saturday, the Enigma increased 0.59%. However, since the expected deviation is 3.96%, the Enigma will decline in value on a Saturday quiet regularly. The expected price change of the Enigma on a Saturday is between -3.37% and 4.55%.
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||0.17%||2.23%||-2.05% to 2.40%|
|Monday||-0.42%||2.92%||-3.34% to 2.51%|
|Tuesday||-0.99%||4.48%||-5.47% to 3.49%|
|Wednesday||-0.47%||2.93%||-3.40% to 2.46%|
|Thursday||-0.59%||6.72%||-7.31% to 6.12%|
|Friday||-0.89%||6.26%||-7.16% to 5.37%|
|Saturday||0.59%||3.96%||-3.37% to 4.55%|