Elastos (ELA)

Current price: $ 2.40

24 hours price change: $ 0.05 (2.23%)

Daily analysis of Elastos (ELA) - 1 year

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 1 year, starting on September 23rd, 2018 to September 22nd, 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 09/23/2018 and 09/22/2019.

According to the performance of Elastos between September 23rd, 2018 and September 22nd, 2019, Elastos performed the best on Thursdays. On average, the price of Elastos increased 0.62% on Thursday.

The weekday on which the Elastos performed the worst, is Wednesday. On Wednesdays, the Elastos declined in value on average by -1.17%.

Elastos weekday performance

Allthough the Elastos decreases in value with -0.32% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Elastos on Sundays is 3.31%. This means that the expected change of the value of Elastos is between -3.62% and 2.99% on 68 out of 100 Sundays.

It is hard to tell whether the Elastos will increase or decrease in value on an average Monday. The average change on a Monday for the Elastos is -0.29%. However, the standard deviation on this weekday is 6.05%. This means that on most Mondays, the change in value of the Elastos is between -6.34% and 5.76%.

Allthough the Elastos decreases in value with -0.46% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Elastos on Tuesdays is 4.67%. This means that the expected change of the value of Elastos is between -5.13% and 4.21% on 68 out of 100 Tuesdays.

The Elastos declines in value on an average Wednesday with -1.17%. However, the uncertainty (or standard deviation) is quite large, namely 2.84%. This means that it is not possible to say whether on a regular Wednesday the Elastos will increase or decrease in value.

Historical performance on Thursday do not show an increase in value of the Elastos on which a prediction can be made. The Elastos increased in value on average on an average Thursday with 0.62%. However, the uncertainty of this increase is high. The expected change in value of the Elastos on a Thursday is between -2.13% and 3.36% (see also the table below).

On an average Friday, the Elastos increased 0.36%. However, since the expected deviation is 3.62%, the Elastos will decline in value on a Friday quiet regularly. The expected price change of the Elastos on a Friday is between -3.27% and 3.98%.

It is hard to tell whether the Elastos will increase or decrease in value on an average Saturday. The average change on a Saturday for the Elastos is -0.04%. However, the standard deviation on this weekday is 4.66%. This means that on most Saturdays, the change in value of the Elastos is between -4.71% and 4.62%.

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 -0.32% 3.31% -3.62% to 2.99%
Monday -0.29% 6.05% -6.34% to 5.76%
Tuesday -0.46% 4.67% -5.13% to 4.21%
Wednesday -1.17% 2.84% -4.01% to 1.67%
Thursday 0.62% 2.75% -2.13% to 3.36%
Friday 0.36% 3.62% -3.27% to 3.98%
Saturday -0.04% 4.66% -4.71% to 4.62%