Grin (GRIN)

Current price: $ 0.49

24 hours price change: $ 0.03 (5.76%)

Daily analysis of Grin (GRIN) - 6 months

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 6 months, starting on September 4th, 2020 to March 4th, 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 09/04/2020 and 03/04/2021.

According to the performance of Grin between September 4th, 2020 and March 4th, 2021, Grin performed the best on Thursdays. On average, the price of Grin increased 2.16% on Thursday.

The weekday on which the Grin performed the worst, is Sunday. On Sundays, the Grin declined in value on average by -2.07%.

Grin weekday performance

The Grin declines in value on an average Sunday with -2.07%. However, the uncertainty (or standard deviation) is quite large, namely 5.57%. This means that it is not possible to say whether on a regular Sunday the Grin will increase or decrease in value.

Grin increased in value on an average Monday only slightly. The average increase in value of the Grin was 0.05%. 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 (4.84%). This means that on 68 percent of the Mondays, the change in price of the Grin is expected to be in the range of -4.79% and 4.89%.

Historical performance on Tuesday 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 Tuesday with 0.88%. However, the uncertainty of this increase is high. The expected change in value of the Grin on a Tuesday is between -2.65% and 4.41% (see also the table below).

On Wednesdays, the Grin decreases in value on average with -0.82%. On most of the Wednesdays the Grin decreases in value between -5.76% and 4.11%. The uncertainty (4.94%) is higher than the average decline percentage (-0.82%). Therefore, expected range of price changes of the Grin on Wednesdays is large.

On an average Thursday the Grin shows an increase in value of 2.16%. However, the change of Grin on most of the Thursdays is between -2.06% and 6.37%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Grins.

Historical performance on Friday 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 Friday with 0.86%. However, the uncertainty of this increase is high. The expected change in value of the Grin on a Friday is between -3.76% and 5.47% (see also the table below).

On an average Saturday the Grin shows an increase in value of 1.43%. However, the change of Grin on most of the Saturdays is between -4.53% and 7.39%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Grins.

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 -2.07% 5.57% -7.64% to 3.49%
Monday 0.05% 4.84% -4.79% to 4.89%
Tuesday 0.88% 3.53% -2.65% to 4.41%
Wednesday -0.82% 4.94% -5.76% to 4.11%
Thursday 2.16% 4.21% -2.06% to 6.37%
Friday 0.86% 4.61% -3.76% to 5.47%
Saturday 1.43% 5.96% -4.53% to 7.39%
 

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