Enjin Coin (ENJ)

Current price: $ 1.61

24 hours price change: $ 0.08 (5.23%)

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 December 26th, 2021 to January 26th, 2022.

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 12/26/2021 and 01/26/2022.

According to the performance of Enjin Coin between December 26th, 2021 and January 26th, 2022, Enjin Coin performed the best on Wednesdays. On average, the price of Enjin Coin increased 1.13% 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 -1.40%.

Enjin Coin weekday performance

On an average Sunday the Enjin Coin shows an increase in value of 1.09%. However, the change of Enjin Coin on most of the Sundays is between -0.50% and 2.68%. 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 -0.50% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Enjin Coin on Mondays is 0.88%. This means that the expected change of the value of Enjin Coin is between -1.38% and 0.37% on 68 out of 100 Mondays.

The Enjin Coin declines in value on an average Tuesday with -1.29%. However, the uncertainty (or standard deviation) is quite large, namely 1.11%. This means that it is not possible to say whether on a regular Tuesday the Enjin Coin will increase or decrease in value.

On an average Wednesday the Enjin Coin shows a high increase in value, namely 1.13%. The standard deviation is below the average increase percentage (standard deviation is 0.69%), meaning that on 68% of the Wednesdays the Enjin Coin will increase with a percentage between 0.43% and 1.82%. This also means that, on average, on 16 percent of the Wednesdays, the Enjin Coin will increase with a percentage above this range. On the other 16% of the Wednesdays, the Enjin Coin will change with a percentage below the 0.43%.

It is hard to tell whether the Enjin Coin will increase or decrease in value on an average Thursday. The average change on a Thursday for the Enjin Coin is -0.22%. However, the standard deviation on this weekday is 0.73%. This means that on most Thursdays, the change in value of the Enjin Coin is between -0.96% and 0.51%.

The Enjin Coin declines in value on an average Friday with -1.40%. However, the uncertainty (or standard deviation) is quite large, namely 1.59%. This means that it is not possible to say whether on a regular Friday the Enjin Coin will increase or decrease in value.

Historical performance on Saturday do not show an increase in value of the Enjin Coin on which a prediction can be made. The Enjin Coin increased in value on average on an average Saturday with 0.79%. However, the uncertainty of this increase is high. The expected change in value of the Enjin Coin on a Saturday is between -0.52% and 2.10% (see also the table below).

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 1.09% 1.59% -0.50% to 2.68%
Monday -0.50% 0.88% -1.38% to 0.37%
Tuesday -1.29% 1.11% -2.40% to -0.19%
Wednesday 1.13% 0.69% 0.43% to 1.82%
Thursday -0.22% 0.73% -0.96% to 0.51%
Friday -1.40% 1.59% -2.99% to 0.19%
Saturday 0.79% 1.31% -0.52% to 2.10%
 

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