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 6 months, starting on July 25th, 2021 to January 25th, 2022.
In the barchart below, the weekdays and average performance of Enjin Coin are shown side by side.
According to the performance of Enjin Coin between July 25th, 2021 and January 25th, 2022, Enjin Coin performed the best on Saturdays. On average, the price of Enjin Coin increased 1.34% on Saturday.
The weekday on which the Enjin Coin performed the worst, is Sunday. On Sundays, the Enjin Coin declined in value on average by -0.81%.
Enjin Coin weekday performance
On Sundays, the Enjin Coin decreases in value on average with -0.81%. On most of the Sundays the Enjin Coin decreases in value between -4.29% and 2.66%. The uncertainty (3.47%) is higher than the average decline percentage (-0.81%). Therefore, expected range of price changes of the Enjin Coin on Sundays is large.
On Mondays, the Enjin Coin decreases in value on average with -0.67%. On most of the Mondays the Enjin Coin decreases in value between -2.36% and 1.01%. The uncertainty (1.69%) is higher than the average decline percentage (-0.67%). Therefore, expected range of price changes of the Enjin Coin on Mondays is large.
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 -0.25%. However, the standard deviation on this weekday is 2.48%. This means that on most Tuesdays, the change in value of the Enjin Coin is between -2.73% and 2.23%.
On an average Wednesday, the Enjin Coin increased 0.42%. However, since the expected deviation is 1.63%, 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 -1.21% and 2.05%.
Enjin Coin increased in value on an average Thursday only slightly. The average increase in value of the Enjin Coin was 0.01%. 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 (2.73%). 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 -2.71% and 2.74%.
Historical performance on Friday 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 Friday with 0.99%. However, the uncertainty of this increase is high. The expected change in value of the Enjin Coin on a Friday is between -3.11% and 5.10% (see also the table below).
On an average Saturday the Enjin Coin shows an increase in value of 1.34%. However, the change of Enjin Coin on most of the Saturdays is between -3.30% and 5.98%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Enjin Coins.
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||-0.81%||3.47%||-4.29% to 2.66%|
|Monday||-0.67%||1.69%||-2.36% to 1.01%|
|Tuesday||-0.25%||2.48%||-2.73% to 2.23%|
|Wednesday||0.42%||1.63%||-1.21% to 2.05%|
|Thursday||0.01%||2.73%||-2.71% to 2.74%|
|Friday||0.99%||4.10%||-3.11% to 5.10%|
|Saturday||1.34%||4.64%||-3.30% to 5.98%|