Elastos (ELA)

Current price: $ 2.46

24 hours price change: $ 0.22 (10.04%)

Daily analysis of Elastos (ELA) - all

The performance of Elastos regarding the price differs every day. To make the best decision to buy Elastos, we are analysis in this article the performance of Elastos on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on February 6th, 2018 to September 18th, 2019.

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

Average daily change in price of Elastos per weekday between 02/06/2018 and 09/18/2019.

According to the performance of Elastos between February 6th, 2018 and September 18th, 2019, Elastos performed the best on Thursdays. On average, the price of Elastos increased 1.02% on Thursday.

The weekday on which the Elastos performed the worst, is Tuesday. On Tuesdays, the Elastos declined in value on average by -1.13%.

Elastos weekday performance

On Sundays, the Elastos decreases in value on average with -0.73%. On most of the Sundays the Elastos decreases in value between -4.61% and 3.16%. The uncertainty (3.89%) is higher than the average decline percentage (-0.73%). Therefore, expected range of price changes of the Elastos on Sundays is large.

On Mondays, the Elastos decreases in value on average with -0.84%. On most of the Mondays the Elastos decreases in value between -6.12% and 4.44%. The uncertainty (5.28%) is higher than the average decline percentage (-0.84%). Therefore, expected range of price changes of the Elastos on Mondays is large.

The Elastos declines in value on an average Tuesday with -1.13%. However, the uncertainty (or standard deviation) is quite large, namely 5.19%. This means that it is not possible to say whether on a regular Tuesday the Elastos will increase or decrease in value.

Allthough the Elastos decreases in value with -0.39% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Elastos on Wednesdays is 4.31%. This means that the expected change of the value of Elastos is between -4.70% and 3.91% on 68 out of 100 Wednesdays.

On an average Thursday the Elastos shows an increase in value of 1.02%. However, the change of Elastos on most of the Thursdays is between -5.49% and 7.54%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Elastoss.

It is hard to tell whether the Elastos will increase or decrease in value on an average Friday. The average change on a Friday for the Elastos is -0.03%. However, the standard deviation on this weekday is 5.83%. This means that on most Fridays, the change in value of the Elastos is between -5.87% and 5.80%.

Allthough the Elastos decreases in value with -0.43% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Elastos on Saturdays is 4.89%. This means that the expected change of the value of Elastos is between -5.32% and 4.47% on 68 out of 100 Saturdays.

Elastos weekday performance details

Find below the details of the performance of Elastos 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 -0.73% 3.89% -4.61% to 3.16%
Monday -0.84% 5.28% -6.12% to 4.44%
Tuesday -1.13% 5.19% -6.32% to 4.06%
Wednesday -0.39% 4.31% -4.70% to 3.91%
Thursday 1.02% 6.51% -5.49% to 7.54%
Friday -0.03% 5.83% -5.87% to 5.80%
Saturday -0.43% 4.89% -5.32% to 4.47%