Grin (GRIN)

Current price: $ 0.33

24 hours price change: $ 0.02 (6.22%)

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 January 26th, 2021 to July 26th, 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 01/26/2021 and 07/26/2021.

According to the performance of Grin between January 26th, 2021 and July 26th, 2021, Grin performed the best on Thursdays. On average, the price of Grin increased 3.95% on Thursday.

The weekday on which the Grin performed the worst, is Friday. On Fridays, the Grin declined in value on average by -1.70%.

Grin weekday performance

Allthough the Grin decreases in value with -0.56% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Grin on Sundays is 6.37%. This means that the expected change of the value of Grin is between -6.93% and 5.80% on 68 out of 100 Sundays.

Historical performance on Monday 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 Monday with 0.95%. However, the uncertainty of this increase is high. The expected change in value of the Grin on a Monday is between -5.79% and 7.70% (see also the table below).

On an average Tuesday the Grin shows an increase in value of 1.06%. However, the change of Grin on most of the Tuesdays is between -6.38% and 8.50%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Grins.

On an average Wednesday the Grin shows an increase in value of 2.66%. However, the change of Grin on most of the Wednesdays is between -7.85% and 13.18%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Grins.

The increase in value of the Grin is 3.95% on an average Thursday. However, the uncertainty on the average change is high for the Grin on Thursdays. This is the reason why an expected increase of the Grin on an average Thursday cannot be predicted. The standard deviation for Grin on Thursdays is high, namely 13.64%. This means that the expected range of value change for the Grin is -9.69% and 17.60% on 68% of the Thursdays.

The Grin declines in value on an average Friday with -1.70%. However, the uncertainty (or standard deviation) is quite large, namely 10.27%. This means that it is not possible to say whether on a regular Friday the Grin will increase or decrease in value.

On an average Saturday the Grin shows an increase in value of 2.54%. However, the change of Grin on most of the Saturdays is between -6.31% and 11.39%. 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 -0.56% 6.37% -6.93% to 5.80%
Monday 0.95% 6.75% -5.79% to 7.70%
Tuesday 1.06% 7.44% -6.38% to 8.50%
Wednesday 2.66% 10.51% -7.85% to 13.18%
Thursday 3.95% 13.64% -9.69% to 17.60%
Friday -1.70% 10.27% -11.98% to 8.57%
Saturday 2.54% 8.85% -6.31% to 11.39%
 

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