Elastos (ELA)

Current price: $ 5.00

24 hours price change: $ -0.31 (-5.77%)

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 December 28th, 2021 to January 28th, 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 12/28/2021 and 01/28/2022.

According to the performance of Elastos between December 28th, 2021 and January 28th, 2022, Elastos performed the best on Sundays. On average, the price of Elastos increased 2.87% on Sunday.

The weekday on which the Elastos performed the worst, is Wednesday. On Wednesdays, the Elastos declined in value on average by -1.50%.

Elastos weekday performance

On an average Sunday the Elastos shows an increase in value of 2.87%. However, the change of Elastos on most of the Sundays is between -0.76% and 6.50%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Elastoss.

The Elastos declines in value on an average Monday with -1.42%. However, the uncertainty (or standard deviation) is quite large, namely 1.56%. This means that it is not possible to say whether on a regular Monday the Elastos will increase or decrease in value.

Allthough the Elastos decreases in value with -0.57% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Elastos on Tuesdays is 1.90%. This means that the expected change of the value of Elastos is between -2.48% and 1.33% on 68 out of 100 Tuesdays.

The Elastos declines in value on an average Wednesday with -1.50%. However, the uncertainty (or standard deviation) is quite large, namely 1.90%. This means that it is not possible to say whether on a regular Wednesday the Elastos will increase or decrease in value.

On an average Thursday, the Elastos increased 0.52%. However, since the expected deviation is 0.82%, the Elastos will decline in value on a Thursday quiet regularly. The expected price change of the Elastos on a Thursday is between -0.30% and 1.33%.

On Fridays, the Elastos decreases in value on average with -0.72%. On most of the Fridays the Elastos decreases in value between -3.30% and 1.87%. The uncertainty (2.58%) is higher than the average decline percentage (-0.72%). Therefore, expected range of price changes of the Elastos on Fridays is large.

On an average Saturday the Elastos shows an increase in value of 2.09%. However, the change of Elastos on most of the Saturdays is between -1.34% and 5.52%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Elastoss.

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 2.87% 3.63% -0.76% to 6.50%
Monday -1.42% 1.56% -2.98% to 0.15%
Tuesday -0.57% 1.90% -2.48% to 1.33%
Wednesday -1.50% 1.90% -3.40% to 0.40%
Thursday 0.52% 0.82% -0.30% to 1.33%
Friday -0.72% 2.58% -3.30% to 1.87%
Saturday 2.09% 3.43% -1.34% to 5.52%
 

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