Enjin Coin (ENJ)

Current price: $ 0.21

24 hours price change: $ -0.000843 (-0.39%)

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 17th, 2024 to June 17th, 2024.

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 05/17/2024 and 06/17/2024.

According to the performance of Enjin Coin between May 17th, 2024 and June 17th, 2024, Enjin Coin performed the best on Mondays. On average, the price of Enjin Coin increased 4.06% on Monday.

The weekday on which the Enjin Coin performed the worst, is Friday. On Fridays, the Enjin Coin declined in value on average by -2.18%.

Enjin Coin weekday performance

The Enjin Coin declines in value on an average Sunday with -1.52%. However, the uncertainty (or standard deviation) is quite large, namely 1.97%. This means that it is not possible to say whether on a regular Sunday the Enjin Coin will increase or decrease in value.

The increase in value of the Enjin Coin is 4.06% on an average Monday. However, the uncertainty on the average change is high for the Enjin Coin on Mondays. This is the reason why an expected increase of the Enjin Coin on an average Monday cannot be predicted. The standard deviation for Enjin Coin on Mondays is high, namely 5.34%. This means that the expected range of value change for the Enjin Coin is -1.28% and 9.40% on 68% of the Mondays.

On an average Tuesday, the Enjin Coin increased 0.37%. However, since the expected deviation is 4.18%, the Enjin Coin will decline in value on a Tuesday quiet regularly. The expected price change of the Enjin Coin on a Tuesday is between -3.81% and 4.55%.

Allthough the Enjin Coin decreases in value with -0.41% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Enjin Coin on Wednesdays is 0.92%. This means that the expected change of the value of Enjin Coin is between -1.33% and 0.51% on 68 out of 100 Wednesdays.

On Thursdays, the Enjin Coin decreases in value on average with -0.91%. On most of the Thursdays the Enjin Coin decreases in value between -2.01% and 0.19%. The uncertainty (1.10%) is higher than the average decline percentage (-0.91%). Therefore, expected range of price changes of the Enjin Coin on Thursdays is large.

The Enjin Coin declines in value on an average Friday with -2.18%. However, the uncertainty (or standard deviation) is quite large, namely 4.61%. This means that it is not possible to say whether on a regular Friday the Enjin Coin will increase or decrease in value.

Enjin Coin increased in value on an average Saturday only slightly. The average increase in value of the Enjin Coin was 0.23%. Allthough the Enjin Coin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.60%). This means that on 68 percent of the Saturdays, the change in price of the Enjin Coin is expected to be in the range of -0.37% and 0.83%.

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 -1.52% 1.97% -3.49% to 0.45%
Monday 4.06% 5.34% -1.28% to 9.40%
Tuesday 0.37% 4.18% -3.81% to 4.55%
Wednesday -0.41% 0.92% -1.33% to 0.51%
Thursday -0.91% 1.10% -2.01% to 0.19%
Friday -2.18% 4.61% -6.79% to 2.43%
Saturday 0.23% 0.60% -0.37% to 0.83%
 

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