Enjin Coin (ENJ)

Current price: $ 0.18

24 hours price change: $ -0.001900 (-1.06%)

Daily analysis of Enjin Coin (ENJ) - 6 months

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 January 5th, 2020 to July 4th, 2020.

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 01/05/2020 and 07/04/2020.

According to the performance of Enjin Coin between January 5th, 2020 and July 4th, 2020, Enjin Coin performed the best on Tuesdays. On average, the price of Enjin Coin increased 0.54% on Tuesday.

The weekday on which the Enjin Coin performed the worst, is Thursday. On Thursdays, the Enjin Coin declined in value on average by -1.39%.

Enjin Coin weekday performance

It is hard to tell whether the Enjin Coin will increase or decrease in value on an average Sunday. The average change on a Sunday for the Enjin Coin is -0.13%. However, the standard deviation on this weekday is 1.04%. This means that on most Sundays, the change in value of the Enjin Coin is between -1.17% and 0.90%.

Allthough the Enjin Coin decreases in value with -0.34% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Enjin Coin on Mondays is 2.01%. This means that the expected change of the value of Enjin Coin is between -2.34% and 1.67% on 68 out of 100 Mondays.

On an average Tuesday, the Enjin Coin increased 0.54%. However, since the expected deviation is 2.08%, 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 -1.54% and 2.63%.

It is hard to tell whether the Enjin Coin will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Enjin Coin is -0.05%. However, the standard deviation on this weekday is 1.59%. This means that on most Wednesdays, the change in value of the Enjin Coin is between -1.64% and 1.55%.

The Enjin Coin declines in value on an average Thursday with -1.39%. However, the uncertainty (or standard deviation) is quite large, namely 9.61%. This means that it is not possible to say whether on a regular Thursday the Enjin Coin will increase or decrease in value.

It is hard to tell whether the Enjin Coin will increase or decrease in value on an average Friday. The average change on a Friday for the Enjin Coin is -0.16%. However, the standard deviation on this weekday is 0.73%. This means that on most Fridays, the change in value of the Enjin Coin is between -0.89% and 0.57%.

Allthough the Enjin Coin decreases in value with -0.38% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Enjin Coin on Saturdays is 1.20%. This means that the expected change of the value of Enjin Coin is between -1.59% and 0.82% on 68 out of 100 Saturdays.

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 -0.13% 1.04% -1.17% to 0.90%
Monday -0.34% 2.01% -2.34% to 1.67%
Tuesday 0.54% 2.08% -1.54% to 2.63%
Wednesday -0.05% 1.59% -1.64% to 1.55%
Thursday -1.39% 9.61% -11.00% to 8.22%
Friday -0.16% 0.73% -0.89% to 0.57%
Saturday -0.38% 1.20% -1.59% to 0.82%
 

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