Elastos (ELA)

Current price: $ 1.18

24 hours price change: $ -0.09 (-7.40%)

Daily analysis of Elastos (ELA) - 6 months

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 6 months, starting on August 9th, 2022 to February 9th, 2023.

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 08/09/2022 and 02/09/2023.

The weekday on which the Elastos performed the worst, is Friday. On Fridays, the Elastos declined in value on average by -0.76%.

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 -0.06%. However, the standard deviation on this weekday is 0.38%. This means that on most Sundays, the change in value of the Elastos is between -0.43% and 0.32%.

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 0.98%. This means that on most Mondays, the change in value of the Elastos is between -1.27% and 0.70%.

It is hard to tell whether the Elastos will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Elastos is -0.11%. However, the standard deviation on this weekday is 0.49%. This means that on most Tuesdays, the change in value of the Elastos is between -0.59% and 0.38%.

On Wednesdays, the Elastos decreases in value on average with -0.62%. On most of the Wednesdays the Elastos decreases in value between -2.66% and 1.41%. The uncertainty (2.03%) is higher than the average decline percentage (-0.62%). Therefore, expected range of price changes of the Elastos on Wednesdays is large.

It is hard to tell whether the Elastos will increase or decrease in value on an average Thursday. The average change on a Thursday for the Elastos is -0.17%. However, the standard deviation on this weekday is 0.83%. This means that on most Thursdays, the change in value of the Elastos is between -1.01% and 0.66%.

On Fridays, the Elastos decreases in value on average with -0.76%. On most of the Fridays the Elastos decreases in value between -4.03% and 2.50%. The uncertainty (3.27%) is higher than the average decline percentage (-0.76%). Therefore, expected range of price changes of the Elastos on Fridays is large.

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 0.45%. This means that on most Saturdays, the change in value of the Elastos is between -0.48% and 0.41%.

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 -0.06% 0.38% -0.43% to 0.32%
Monday -0.29% 0.98% -1.27% to 0.70%
Tuesday -0.11% 0.49% -0.59% to 0.38%
Wednesday -0.62% 2.03% -2.66% to 1.41%
Thursday -0.17% 0.83% -1.01% to 0.66%
Friday -0.76% 3.27% -4.03% to 2.50%
Saturday -0.04% 0.45% -0.48% to 0.41%
 

About Us

: Financial indicators for cryptocurrencies