Elastos (ELA)

Current price: $ 2.91

24 hours price change: $ -0.06 (-2.05%)

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 January 21st, 2019 to July 21st, 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 01/21/2019 and 07/21/2019.

According to the performance of Elastos between January 21st, 2019 and July 21st, 2019, Elastos performed the best on Fridays. On average, the price of Elastos increased 1.02% on Friday.

The weekday on which the Elastos performed the worst, is Sunday. On Sundays, the Elastos declined in value on average by -1.41%.

Elastos weekday performance

The Elastos declines in value on an average Sunday with -1.41%. However, the uncertainty (or standard deviation) is quite large, namely 3.39%. This means that it is not possible to say whether on a regular Sunday the Elastos will increase or decrease in value.

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 -0.20%. However, the standard deviation on this weekday is 3.37%. This means that on most Mondays, the change in value of the Elastos is between -3.57% and 3.16%.

On Tuesdays, the Elastos decreases in value on average with -0.79%. On most of the Tuesdays the Elastos decreases in value between -5.67% and 4.08%. The uncertainty (4.88%) is higher than the average decline percentage (-0.79%). Therefore, expected range of price changes of the Elastos on Tuesdays is large.

The Elastos declines in value on an average Wednesday with -1.09%. However, the uncertainty (or standard deviation) is quite large, namely 2.88%. 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 1.00%. However, the uncertainty of this increase is high. The expected change in value of the Elastos on a Thursday is between -2.34% and 4.34% (see also the table below).

On an average Friday the Elastos shows an increase in value of 1.02%. However, the change of Elastos on most of the Fridays is between -3.65% and 5.70%. Therefore it is hard to tell whether an average Friday is a good day to start buying Elastoss.

On an average Saturday, the Elastos increased 0.53%. However, since the expected deviation is 6.21%, the Elastos will decline in value on a Saturday quiet regularly. The expected price change of the Elastos on a Saturday is between -5.68% and 6.74%.

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.

WeekdayAverage change (%)Standard deviation (%)68% range
Sunday-1.41%3.39%-4.81% to 1.98%
Monday-0.20%3.37%-3.57% to 3.16%
Tuesday-0.79%4.88%-5.67% to 4.08%
Wednesday-1.09%2.88%-3.97% to 1.80%
Thursday1.00%3.34%-2.34% to 4.34%
Friday1.02%4.68%-3.65% to 5.70%
Saturday0.53%6.21%-5.68% to 6.74%