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 month, starting on February 23rd, 2023 to March 23rd, 2023.
In the barchart below, the weekdays and average performance of Elastos are shown side by side.
According to the performance of Elastos between February 23rd, 2023 and March 23rd, 2023, Elastos performed the best on Mondays. On average, the price of Elastos increased 1.14% on Monday.
The weekday on which the Elastos performed the worst, is Friday. On Fridays, the Elastos declined in value on average by -1.27%.
Elastos weekday performance
Elastos increased in value on an average Sunday only slightly. The average increase in value of the Elastos was 0.10%. Allthough the Elastos closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.48%). This means that on 68 percent of the Sundays, the change in price of the Elastos is expected to be in the range of -0.38% and 0.59%.
On an average Monday the Elastos shows a high increase in value, namely 1.14%. The standard deviation is below the average increase percentage (standard deviation is 0.86%), meaning that on 68% of the Mondays the Elastos will increase with a percentage between 0.28% and 2.00%. This also means that, on average, on 16 percent of the Mondays, the Elastos will increase with a percentage above this range. On the other 16% of the Mondays, the Elastos will change with a percentage below the 0.28%.
Elastos increased in value on an average Tuesday only slightly. The average increase in value of the Elastos was 0.17%. Allthough the Elastos closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.42%). This means that on 68 percent of the Tuesdays, the change in price of the Elastos is expected to be in the range of -0.25% and 0.59%.
The Elastos will almost not change or only slightly increase in value on an average Wednesday. The average change of the Elastos on Wednesdays is 0.28%. The standard deviation of the Elastos is 0.16%, which means that in 68% of the Wednesdays, the range of the change of the Elastos is 0.12% and 0.44%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.
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 -0.19%. However, the standard deviation on this weekday is 0.92%. This means that on most Thursdays, the change in value of the Elastos is between -1.11% and 0.73%.
The Elastos declines in value on an average Friday with -1.27%. However, the uncertainty (or standard deviation) is quite large, namely 1.67%. This means that it is not possible to say whether on a regular Friday 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 Saturday. The average change on a Saturday for the Elastos is -0.03%. However, the standard deviation on this weekday is 0.88%. This means that on most Saturdays, the change in value of the Elastos is between -0.91% and 0.85%.
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 | 0.10% | 0.48% | -0.38% to 0.59% |
| Monday | 1.14% | 0.86% | 0.28% to 2.00% |
| Tuesday | 0.17% | 0.42% | -0.25% to 0.59% |
| Wednesday | 0.28% | 0.16% | 0.12% to 0.44% |
| Thursday | -0.19% | 0.92% | -1.11% to 0.73% |
| Friday | -1.27% | 1.67% | -2.95% to 0.40% |
| Saturday | -0.03% | 0.88% | -0.91% to 0.85% |