Elastos (ELA)

Current price: $ 4.54

24 hours price change: $ -0.83 (-15.44%)

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 October 27th, 2020 to October 27th, 2021.

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 10/27/2020 and 10/27/2021.

According to the performance of Elastos between October 27th, 2020 and October 27th, 2021, Elastos performed the best on Thursdays. On average, the price of Elastos increased 0.37% on Thursday.

The weekday on which the Elastos performed the worst, is Tuesday. On Tuesdays, the Elastos declined in value on average by -0.31%.

Elastos weekday performance

It is hard to tell whether the Elastos will increase or decrease in value on an average Sunday. The average change on a Sunday for the Elastos is -0.13%. However, the standard deviation on this weekday is 2.05%. This means that on most Sundays, the change in value of the Elastos is between -2.18% and 1.92%.

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 -0.19%. However, the standard deviation on this weekday is 2.95%. This means that on most Mondays, the change in value of the Elastos is between -3.14% and 2.76%.

Allthough the Elastos decreases in value with -0.31% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Elastos on Tuesdays is 2.31%. This means that the expected change of the value of Elastos is between -2.61% and 2.00% on 68 out of 100 Tuesdays.

It is hard to tell whether the Elastos will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Elastos is -0.24%. However, the standard deviation on this weekday is 2.56%. This means that on most Wednesdays, the change in value of the Elastos is between -2.81% and 2.32%.

On an average Thursday, the Elastos increased 0.37%. However, since the expected deviation is 2.20%, the Elastos will decline in value on a Thursday quiet regularly. The expected price change of the Elastos on a Thursday is between -1.82% and 2.57%.

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 -0.15%. However, the standard deviation on this weekday is 5.02%. This means that on most Fridays, the change in value of the Elastos is between -5.16% and 4.87%.

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 -0.28%. However, the standard deviation on this weekday is 3.00%. This means that on most Saturdays, the change in value of the Elastos is between -3.28% and 2.72%.

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 -0.13% 2.05% -2.18% to 1.92%
Monday -0.19% 2.95% -3.14% to 2.76%
Tuesday -0.31% 2.31% -2.61% to 2.00%
Wednesday -0.24% 2.56% -2.81% to 2.32%
Thursday 0.37% 2.20% -1.82% to 2.57%
Friday -0.15% 5.02% -5.16% to 4.87%
Saturday -0.28% 3.00% -3.28% to 2.72%
 

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