Grin (GRIN)

Current price: $ 0.33

24 hours price change: $ 0.003700 (1.13%)

Daily analysis of Grin (GRIN) - 1 month

The performance of Grin regarding the price differs every day. To make the best decision to buy Grin, we are analysis in this article the performance of Grin on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on June 30th, 2021 to July 30th, 2021.

In the barchart below, the weekdays and average performance of Grin are shown side by side.

Average daily change in price of Grin per weekday between 06/30/2021 and 07/30/2021.

According to the performance of Grin between June 30th, 2021 and July 30th, 2021, Grin performed the best on Wednesdays. On average, the price of Grin increased 6.94% on Wednesday.

The weekday on which the Grin performed the worst, is Monday. On Mondays, the Grin declined in value on average by -1.51%.

Grin weekday performance

On an average Sunday the Grin shows a high increase in value, namely 1.76%. The standard deviation is below the average increase percentage (standard deviation is 1.48%), meaning that on 68% of the Sundays the Grin will increase with a percentage between 0.29% and 3.24%. This also means that, on average, on 16 percent of the Sundays, the Grin will increase with a percentage above this range. On the other 16% of the Sundays, the Grin will change with a percentage below the 0.29%.

The Grin declines in value on an average Monday with -1.51%. However, the uncertainty (or standard deviation) is quite large, namely 1.19%. This means that it is not possible to say whether on a regular Monday the Grin will increase or decrease in value.

The Grin declines in value on an average Tuesday with -1.41%. However, the uncertainty (or standard deviation) is quite large, namely 1.54%. This means that it is not possible to say whether on a regular Tuesday the Grin will increase or decrease in value.

The increase in value of the Grin is 6.94% on an average Wednesday. However, the uncertainty on the average change is high for the Grin on Wednesdays. This is the reason why an expected increase of the Grin on an average Wednesday cannot be predicted. The standard deviation for Grin on Wednesdays is high, namely 13.60%. This means that the expected range of value change for the Grin is -6.66% and 20.54% on 68% of the Wednesdays.

Historical performance on Thursday do not show an increase in value of the Grin on which a prediction can be made. The Grin increased in value on average on an average Thursday with 0.66%. However, the uncertainty of this increase is high. The expected change in value of the Grin on a Thursday is between -0.80% and 2.11% (see also the table below).

The Grin declines in value on an average Friday with -1.47%. However, the uncertainty (or standard deviation) is quite large, namely 2.31%. This means that it is not possible to say whether on a regular Friday the Grin will increase or decrease in value.

Grin increased in value on an average Saturday only slightly. The average increase in value of the Grin was 0.02%. Allthough the Grin 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 Grin is expected to be in the range of -0.58% and 0.62%.

Grin weekday performance details

Find below the details of the performance of Grin 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 1.76% 1.48% 0.29% to 3.24%
Monday -1.51% 1.19% -2.70% to -0.31%
Tuesday -1.41% 1.54% -2.95% to 0.14%
Wednesday 6.94% 13.60% -6.66% to 20.54%
Thursday 0.66% 1.45% -0.80% to 2.11%
Friday -1.47% 2.31% -3.77% to 0.84%
Saturday 0.02% 0.60% -0.58% to 0.62%
 

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