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 March 28th, 2022 to September 28th, 2022.
In the barchart below, the weekdays and average performance of Grin are shown side by side.
According to the performance of Grin between March 28th, 2022 and September 28th, 2022, Grin performed the best on Mondays. On average, the price of Grin increased 0.52% on Monday.
The weekday on which the Grin performed the worst, is Sunday. On Sundays, the Grin declined in value on average by -1.42%.
Grin weekday performance
The Grin declines in value on an average Sunday with -1.42%. However, the uncertainty (or standard deviation) is quite large, namely 5.97%. This means that it is not possible to say whether on a regular Sunday the Grin will increase or decrease in value.
On an average Monday, the Grin increased 0.52%. However, since the expected deviation is 2.29%, the Grin will decline in value on a Monday quiet regularly. The expected price change of the Grin on a Monday is between -1.76% and 2.81%.
Grin increased in value on an average Tuesday only slightly. The average increase in value of the Grin was 0.07%. 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 (0.36%). This means that on 68 percent of the Tuesdays, the change in price of the Grin is expected to be in the range of -0.29% and 0.42%.
Allthough the Grin decreases in value with -0.49% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Grin on Wednesdays is 1.50%. This means that the expected change of the value of Grin is between -1.99% and 1.01% on 68 out of 100 Wednesdays.
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 -0.06%. However, the standard deviation on this weekday is 0.55%. This means that on most Thursdays, the change in value of the Grin is between -0.61% and 0.49%.
It is hard to tell whether the Grin will increase or decrease in value on an average Friday. The average change on a Friday for the Grin is -0.28%. However, the standard deviation on this weekday is 0.99%. This means that on most Fridays, the change in value of the Grin is between -1.27% and 0.71%.
It is hard to tell whether the Grin will increase or decrease in value on an average Saturday. The average change on a Saturday for the Grin is -0.13%. However, the standard deviation on this weekday is 0.62%. This means that on most Saturdays, the change in value of the Grin is between -0.75% and 0.49%.
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||-1.42%||5.97%||-7.40% to 4.55%|
|Monday||0.52%||2.29%||-1.76% to 2.81%|
|Tuesday||0.07%||0.36%||-0.29% to 0.42%|
|Wednesday||-0.49%||1.50%||-1.99% to 1.01%|
|Thursday||-0.06%||0.55%||-0.61% to 0.49%|
|Friday||-0.28%||0.99%||-1.27% to 0.71%|
|Saturday||-0.13%||0.62%||-0.75% to 0.49%|