Enjin Coin (ENJ)

Current price: $ 0.68

24 hours price change: $ -0.005600 (-0.82%)

Daily analysis of Enjin Coin (ENJ) - 1 year

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 year, starting on August 7th, 2021 to August 7th, 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 08/07/2021 and 08/07/2022.

According to the performance of Enjin Coin between August 7th, 2021 and August 7th, 2022, Enjin Coin performed the best on Saturdays. On average, the price of Enjin Coin increased 0.55% on Saturday.

The weekday on which the Enjin Coin performed the worst, is Monday. On Mondays, the Enjin Coin declined in value on average by -0.52%.

Enjin Coin weekday performance

Allthough the Enjin Coin decreases in value with -0.30% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Enjin Coin on Sundays is 2.66%. This means that the expected change of the value of Enjin Coin is between -2.97% and 2.36% on 68 out of 100 Sundays.

Allthough the Enjin Coin decreases in value with -0.52% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Enjin Coin on Mondays is 1.44%. This means that the expected change of the value of Enjin Coin is between -1.96% and 0.93% on 68 out of 100 Mondays.

It is hard to tell whether the Enjin Coin will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Enjin Coin is 0.00%. However, the standard deviation on this weekday is 1.92%. This means that on most Tuesdays, the change in value of the Enjin Coin is between -1.93% and 1.92%.

On an average Wednesday, the Enjin Coin increased 0.33%. However, since the expected deviation is 1.64%, the Enjin Coin will decline in value on a Wednesday quiet regularly. The expected price change of the Enjin Coin on a Wednesday is between -1.32% and 1.97%.

Enjin Coin increased in value on an average Thursday only slightly. The average increase in value of the Enjin Coin was 0.16%. 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 (2.37%). This means that on 68 percent of the Thursdays, the change in price of the Enjin Coin is expected to be in the range of -2.21% and 2.52%.

Enjin Coin increased in value on an average Friday only slightly. The average increase in value of the Enjin Coin was 0.14%. 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 (3.21%). This means that on 68 percent of the Fridays, the change in price of the Enjin Coin is expected to be in the range of -3.07% and 3.35%.

On an average Saturday, the Enjin Coin increased 0.55%. However, since the expected deviation is 3.81%, the Enjin Coin will decline in value on a Saturday quiet regularly. The expected price change of the Enjin Coin on a Saturday is between -3.26% and 4.36%.

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 -0.30% 2.66% -2.97% to 2.36%
Monday -0.52% 1.44% -1.96% to 0.93%
Tuesday 0.00% 1.92% -1.93% to 1.92%
Wednesday 0.33% 1.64% -1.32% to 1.97%
Thursday 0.16% 2.37% -2.21% to 2.52%
Friday 0.14% 3.21% -3.07% to 3.35%
Saturday 0.55% 3.81% -3.26% to 4.36%
 

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