Grin (GRIN)

Current price: $ 0.42

24 hours price change: $ -0.33 (-43.96%)

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 January 25th, 2021 to February 25th, 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 01/25/2021 and 02/25/2021.

According to the performance of Grin between January 25th, 2021 and February 25th, 2021, Grin performed the best on Saturdays. On average, the price of Grin increased 3.71% on Saturday.

The weekday on which the Grin performed the worst, is Monday. On Mondays, the Grin declined in value on average by -2.45%.

Grin weekday performance

The Grin declines in value on an average Sunday with -1.75%. However, the uncertainty (or standard deviation) is quite large, namely 1.32%. This means that it is not possible to say whether on a regular Sunday the Grin will increase or decrease in value.

The Grin declines in value on an average Monday with -2.45%. However, the uncertainty (or standard deviation) is quite large, namely 4.26%. This means that it is not possible to say whether on a regular Monday the Grin will increase or decrease in value.

On Tuesdays, the Grin decreases in value on average with -0.80%. On most of the Tuesdays the Grin decreases in value between -6.62% and 5.03%. The uncertainty (5.83%) is higher than the average decline percentage (-0.80%). Therefore, expected range of price changes of the Grin on Tuesdays is large.

The Grin declines in value on an average Wednesday with -1.10%. However, the uncertainty (or standard deviation) is quite large, namely 2.95%. This means that it is not possible to say whether on a regular Wednesday the Grin will increase or decrease in value.

On Thursdays, the average increase of the value of the Grin is very high. The average increase is 3.54%. The standard deviation of the Grin on Thursdays is 2.30%. This means that on 68% of the Thursdays, the Grin increases between 1.25% and 5.84%. The uncertainty is therefore not very high, since on most Thursdays, the value of the Grin will increase.

On an average Friday, the Grin increased 0.41%. However, since the expected deviation is 3.56%, the Grin will decline in value on a Friday quiet regularly. The expected price change of the Grin on a Friday is between -3.15% and 3.98%.

The increase in value of the Grin is 3.71% on an average Saturday. However, the uncertainty on the average change is high for the Grin on Saturdays. This is the reason why an expected increase of the Grin on an average Saturday cannot be predicted. The standard deviation for Grin on Saturdays is high, namely 8.63%. This means that the expected range of value change for the Grin is -4.93% and 12.34% on 68% of the Saturdays.

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 -1.75% 1.32% -3.07% to -0.43%
Monday -2.45% 4.26% -6.70% to 1.81%
Tuesday -0.80% 5.83% -6.62% to 5.03%
Wednesday -1.10% 2.95% -4.05% to 1.84%
Thursday 3.54% 2.30% 1.25% to 5.84%
Friday 0.41% 3.56% -3.15% to 3.98%
Saturday 3.71% 8.63% -4.93% to 12.34%
 

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