Grin (GRIN)

Current price: $ 0.53

24 hours price change: $ -0.004344 (-0.81%)

Daily analysis of Grin (GRIN) - 1 year

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 year, starting on July 2nd, 2019 to July 1st, 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 07/02/2019 and 07/01/2020.

According to the performance of Grin between July 2nd, 2019 and July 1st, 2020, Grin performed the best on Sundays. On average, the price of Grin increased 0.85% on Sunday.

The weekday on which the Grin performed the worst, is Monday. On Mondays, the Grin declined in value on average by -0.71%.

Grin weekday performance

Historical performance on Sunday 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 Sunday with 0.85%. However, the uncertainty of this increase is high. The expected change in value of the Grin on a Sunday is between -2.78% and 4.47% (see also the table below).

On Mondays, the Grin decreases in value on average with -0.71%. On most of the Mondays the Grin decreases in value between -4.20% and 2.79%. The uncertainty (3.50%) is higher than the average decline percentage (-0.71%). Therefore, expected range of price changes of the Grin on Mondays is large.

Grin increased in value on an average Tuesday only slightly. The average increase in value of the Grin was 0.17%. 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 (3.28%). This means that on 68 percent of the Tuesdays, the change in price of the Grin is expected to be in the range of -3.11% and 3.44%.

It is hard to tell whether the Grin will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Grin is -0.20%. However, the standard deviation on this weekday is 2.83%. This means that on most Wednesdays, the change in value of the Grin is between -3.03% and 2.63%.

It is hard to tell whether the Grin will increase or decrease in value on an average Thursday. The average change on a Thursday for the Grin is -0.10%. However, the standard deviation on this weekday is 2.47%. This means that on most Thursdays, the change in value of the Grin is between -2.57% and 2.36%.

On Fridays, the Grin decreases in value on average with -0.63%. On most of the Fridays the Grin decreases in value between -2.67% and 1.41%. The uncertainty (2.04%) is higher than the average decline percentage (-0.63%). Therefore, expected range of price changes of the Grin on Fridays is large.

Allthough the Grin decreases in value with -0.45% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Grin on Saturdays is 2.83%. This means that the expected change of the value of Grin is between -3.28% and 2.38% on 68 out of 100 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 0.85% 3.63% -2.78% to 4.47%
Monday -0.71% 3.50% -4.20% to 2.79%
Tuesday 0.17% 3.28% -3.11% to 3.44%
Wednesday -0.20% 2.83% -3.03% to 2.63%
Thursday -0.10% 2.47% -2.57% to 2.36%
Friday -0.63% 2.04% -2.67% to 1.41%
Saturday -0.45% 2.83% -3.28% to 2.38%
 

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