Elastos (ELA)

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Daily analysis of Elastos (ELA) - 1 month

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 August 29th, 2022 to September 29th, 2022.

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 08/29/2022 and 09/29/2022.

According to the performance of Elastos between August 29th, 2022 and September 29th, 2022, Elastos performed the best on Fridays. On average, the price of Elastos increased 0.04% on Friday.

The weekday on which the Elastos performed the worst, is Wednesday. On Wednesdays, the Elastos declined in value on average by -0.62%.

Elastos weekday performance

Elastos increased in value on an average Sunday only slightly. The average increase in value of the Elastos was 0.01%. 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 (0.03%). This means that on 68 percent of the Sundays, the change in price of the Elastos is expected to be in the range of -0.01% and 0.04%.

Elastos increased in value on an average Monday only slightly. The average increase in value of the Elastos was 0.02%. 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 (0.05%). This means that on 68 percent of the Mondays, the change in price of the Elastos is expected to be in the range of -0.02% and 0.07%.

Elastos increased in value on an average Tuesday only slightly. The average increase in value of the Elastos was 0.00%. 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 (0.06%). This means that on 68 percent of the Tuesdays, the change in price of the Elastos is expected to be in the range of -0.05% and 0.06%.

On Wednesdays, the Elastos decreases in value on average with -0.62%. On most of the Wednesdays the Elastos decreases in value between -1.40% and 0.16%. The uncertainty (0.78%) is higher than the average decline percentage (-0.62%). Therefore, expected range of price changes of the Elastos on Wednesdays is large.

Elastos increased in value on an average Thursday only slightly. The average increase in value of the Elastos was 0.00%. 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 (0.04%). This means that on 68 percent of the Thursdays, the change in price of the Elastos is expected to be in the range of -0.04% and 0.04%.

Elastos increased in value on an average Friday only slightly. The average increase in value of the Elastos was 0.04%. 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 (0.10%). This means that on 68 percent of the Fridays, the change in price of the Elastos is expected to be in the range of -0.06% and 0.13%.

Elastos increased in value on an average Saturday only slightly. The average increase in value of the Elastos was 0.01%. 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 (0.03%). This means that on 68 percent of the Saturdays, the change in price of the Elastos is expected to be in the range of -0.01% and 0.04%.

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 0.01% 0.03% -0.01% to 0.04%
Monday 0.02% 0.05% -0.02% to 0.07%
Tuesday 0.00% 0.06% -0.05% to 0.06%
Wednesday -0.62% 0.78% -1.40% to 0.16%
Thursday 0.00% 0.04% -0.04% to 0.04%
Friday 0.04% 0.10% -0.06% to 0.13%
Saturday 0.01% 0.03% -0.01% to 0.04%
 

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