Enjin Coin (ENJ)

Current price: $ 1.27

24 hours price change: $ 0.01 (1.20%)

Daily analysis of Enjin Coin (ENJ) - 1 month

The performance of Enjin Coin regarding the price differs every day. To make the best decision to buy Enjin Coin, we are analysis in this article the performance of Enjin Coin on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on May 13th, 2021 to June 13th, 2021.

In the barchart below, the weekdays and average performance of Enjin Coin are shown side by side.

Average daily change in price of Enjin Coin per weekday between 05/13/2021 and 06/13/2021.

According to the performance of Enjin Coin between May 13th, 2021 and June 13th, 2021, Enjin Coin performed the best on Wednesdays. On average, the price of Enjin Coin increased 13.96% on Wednesday.

The weekday on which the Enjin Coin performed the worst, is Friday. On Fridays, the Enjin Coin declined in value on average by -5.42%.

Enjin Coin weekday performance

On an average Sunday the Enjin Coin shows an increase in value of 2.72%. However, the change of Enjin Coin on most of the Sundays is between -2.45% and 7.90%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Enjin Coins.

Allthough the Enjin Coin decreases in value with -0.40% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Enjin Coin on Mondays is 1.25%. This means that the expected change of the value of Enjin Coin is between -1.65% and 0.85% on 68 out of 100 Mondays.

On Tuesdays, the Enjin Coin decreases in value on average with -0.90%. On most of the Tuesdays the Enjin Coin decreases in value between -2.55% and 0.74%. The uncertainty (1.65%) is higher than the average decline percentage (-0.90%). Therefore, expected range of price changes of the Enjin Coin on Tuesdays is large.

The increase in value of the Enjin Coin is 13.96% on an average Wednesday. However, the uncertainty on the average change is high for the Enjin Coin on Wednesdays. This is the reason why an expected increase of the Enjin Coin on an average Wednesday cannot be predicted. The standard deviation for Enjin Coin on Wednesdays is high, namely 24.24%. This means that the expected range of value change for the Enjin Coin is -10.28% and 38.20% on 68% of the Wednesdays.

The Enjin Coin declines in value on an average Thursday with -1.50%. However, the uncertainty (or standard deviation) is quite large, namely 4.77%. This means that it is not possible to say whether on a regular Thursday the Enjin Coin will increase or decrease in value.

The decrease in value of the Enjin Coin is -5.42% on an average Friday. The uncertainty of the average change is high for the Enjin Coin on Fridays. This means that it is hard to tell whether the Enjin Coin will decrease or increase in value on an average Friday. If we look at the 68% range of the Enjin Coin, we see that on 68% of the Fridays, the expected change of the Enjin Coin is between -12.32% and 1.47%.

On Saturdays, the Enjin Coin decreases in value on average with -0.91%. On most of the Saturdays the Enjin Coin decreases in value between -3.12% and 1.29%. The uncertainty (2.20%) is higher than the average decline percentage (-0.91%). Therefore, expected range of price changes of the Enjin Coin on Saturdays is large.

Enjin Coin weekday performance details

Find below the details of the performance of Enjin Coin 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 2.72% 5.18% -2.45% to 7.90%
Monday -0.40% 1.25% -1.65% to 0.85%
Tuesday -0.90% 1.65% -2.55% to 0.74%
Wednesday 13.96% 24.24% -10.28% to 38.20%
Thursday -1.50% 4.77% -6.27% to 3.27%
Friday -5.42% 6.89% -12.32% to 1.47%
Saturday -0.91% 2.20% -3.12% to 1.29%
 

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