Echoin (EC)

Current price: $ 0.00000000

24 hours price change: - (-)

Daily analysis of Echoin (EC) - 6 months

The performance of Echoin regarding the price differs every day. To make the best decision to buy Echoin, we are analysis in this article the performance of Echoin on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 6 months, starting on April 16th, 2019 to October 15th, 2019.

In the barchart below, the weekdays and average performance of Echoin are shown side by side.

Average daily change in price of Echoin per weekday between 04/16/2019 and 10/15/2019.

According to the performance of Echoin between April 16th, 2019 and October 15th, 2019, Echoin performed the best on Tuesdays. On average, the price of Echoin increased nan% on Tuesday.

The weekday on which the Echoin performed the worst, is Friday. On Fridays, the Echoin declined in value on average by -2.50%.

Echoin weekday performance

The Echoin declines in value on an average Sunday with -1.48%. However, the uncertainty (or standard deviation) is quite large, namely 10.84%. This means that it is not possible to say whether on a regular Sunday the Echoin will increase or decrease in value.

The Echoin declines in value on an average Monday with -1.70%. However, the uncertainty (or standard deviation) is quite large, namely 4.94%. This means that it is not possible to say whether on a regular Monday the Echoin will increase or decrease in value.

On an average Tuesday the Echoin shows an increase in value of nan%. However, the change of Echoin on most of the Tuesdays is between nan% and nan%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Echoins.

The Echoin declines in value on an average Wednesday with -1.16%. However, the uncertainty (or standard deviation) is quite large, namely 4.58%. This means that it is not possible to say whether on a regular Wednesday the Echoin will increase or decrease in value.

Echoin increased in value on an average Thursday only slightly. The average increase in value of the Echoin was 0.13%. Allthough the Echoin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (3.68%). This means that on 68 percent of the Thursdays, the change in price of the Echoin is expected to be in the range of -3.55% and 3.82%.

The Echoin declines in value on an average Friday with -2.50%. However, the uncertainty (or standard deviation) is quite large, namely 13.48%. This means that it is not possible to say whether on a regular Friday the Echoin will increase or decrease in value.

The increase in value of the Echoin is 11.15% on an average Saturday. However, the uncertainty on the average change is high for the Echoin on Saturdays. This is the reason why an expected increase of the Echoin on an average Saturday cannot be predicted. The standard deviation for Echoin on Saturdays is high, namely 60.85%. This means that the expected range of value change for the Echoin is -49.70% and 72.00% on 68% of the Saturdays.

Echoin weekday performance details

Find below the details of the performance of Echoin 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 -1.48% 10.84% -12.32% to 9.36%
Monday -1.70% 4.94% -6.64% to 3.24%
Tuesday nan% nan% nan% to nan%
Wednesday -1.16% 4.58% -5.74% to 3.42%
Thursday 0.13% 3.68% -3.55% to 3.82%
Friday -2.50% 13.48% -15.99% to 10.98%
Saturday 11.15% 60.85% -49.70% to 72.00%