Grin (GRIN)

Current price: $ 0.51

24 hours price change: $ 0.01 (2.57%)

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 14th, 2020 to July 13th, 2020.

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 06/14/2020 and 07/13/2020.

According to the performance of Grin between June 14th, 2020 and July 13th, 2020, Grin performed the best on Fridays. On average, the price of Grin increased 0.26% on Friday.

The weekday on which the Grin performed the worst, is Monday. On Mondays, the Grin declined in value on average by -1.47%.

Grin weekday performance

It is hard to tell whether the Grin will increase or decrease in value on an average Sunday. The average change on a Sunday for the Grin is -0.17%. However, the standard deviation on this weekday is 1.07%. This means that on most Sundays, the change in value of the Grin is between -1.25% and 0.90%.

The Grin declines in value on an average Monday with -1.47%. However, the uncertainty (or standard deviation) is quite large, namely 2.99%. This means that it is not possible to say whether on a regular Monday the Grin will increase or decrease in value.

Allthough the Grin decreases in value with -0.39% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Grin on Tuesdays is 0.93%. This means that the expected change of the value of Grin is between -1.32% and 0.53% on 68 out of 100 Tuesdays.

Grin increased in value on an average Wednesday only slightly. The average increase in value of the Grin was 0.14%. 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 (0.42%). This means that on 68 percent of the Wednesdays, the change in price of the Grin is expected to be in the range of -0.28% and 0.56%.

The Grin declines in value on an average Thursday with -1.02%. 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 Thursday the Grin will increase or decrease in value.

The Grin will almost not change or only slightly increase in value on an average Friday. The average change of the Grin on Fridays is 0.26%. The standard deviation of the Grin is 0.20%, which means that in 68% of the Fridays, the range of the change of the Grin is 0.05% and 0.46%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.

Grin increased in value on an average Saturday only slightly. The average increase in value of the Grin was 0.15%. 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 (0.45%). This means that on 68 percent of the Saturdays, the change in price of the Grin is expected to be in the range of -0.30% and 0.60%.

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 -0.17% 1.07% -1.25% to 0.90%
Monday -1.47% 2.99% -4.46% to 1.52%
Tuesday -0.39% 0.93% -1.32% to 0.53%
Wednesday 0.14% 0.42% -0.28% to 0.56%
Thursday -1.02% 1.54% -2.56% to 0.52%
Friday 0.26% 0.20% 0.05% to 0.46%
Saturday 0.15% 0.45% -0.30% to 0.60%
 

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