Grin (GRIN)

Current price: $ 0.05

24 hours price change: $ 0.004863 (10.73%)

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 November 30th, 2021 to November 30th, 2022.

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 11/30/2021 and 11/30/2022.

According to the performance of Grin between November 30th, 2021 and November 30th, 2022, Grin performed the best on Saturdays. On average, the price of Grin increased 0.63% on Saturday.

The weekday on which the Grin performed the worst, is Friday. On Fridays, the Grin declined in value on average by -1.06%.

Grin weekday performance

Allthough the Grin decreases in value with -0.54% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Grin on Sundays is 4.65%. This means that the expected change of the value of Grin is between -5.19% and 4.12% on 68 out of 100 Sundays.

It is hard to tell whether the Grin will increase or decrease in value on an average Monday. The average change on a Monday for the Grin is -0.27%. However, the standard deviation on this weekday is 5.13%. This means that on most Mondays, the change in value of the Grin is between -5.40% and 4.87%.

Allthough the Grin decreases in value with -0.58% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Grin on Tuesdays is 3.16%. This means that the expected change of the value of Grin is between -3.74% and 2.59% on 68 out of 100 Tuesdays.

Allthough the Grin decreases in value with -0.42% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Grin on Wednesdays is 2.09%. This means that the expected change of the value of Grin is between -2.51% and 1.67% on 68 out of 100 Wednesdays.

The Grin declines in value on an average Thursday with -1.02%. However, the uncertainty (or standard deviation) is quite large, namely 6.28%. This means that it is not possible to say whether on a regular Thursday the Grin will increase or decrease in value.

The Grin declines in value on an average Friday with -1.06%. However, the uncertainty (or standard deviation) is quite large, namely 4.53%. This means that it is not possible to say whether on a regular Friday the Grin will increase or decrease in value.

Historical performance on Saturday 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 Saturday with 0.63%. However, the uncertainty of this increase is high. The expected change in value of the Grin on a Saturday is between -6.50% and 7.76% (see also the table below).

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 -0.54% 4.65% -5.19% to 4.12%
Monday -0.27% 5.13% -5.40% to 4.87%
Tuesday -0.58% 3.16% -3.74% to 2.59%
Wednesday -0.42% 2.09% -2.51% to 1.67%
Thursday -1.02% 6.28% -7.30% to 5.27%
Friday -1.06% 4.53% -5.58% to 3.47%
Saturday 0.63% 7.13% -6.50% to 7.76%
 

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