Elastos (ELA)

Current price: $ 2.34

24 hours price change: $ 0.04 (1.89%)

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 23rd, 2019 to September 22nd, 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 08/23/2019 and 09/22/2019.

According to the performance of Elastos between August 23rd, 2019 and September 22nd, 2019, Elastos performed the best on Mondays. On average, the price of Elastos increased 0.95% on Monday.

The weekday on which the Elastos performed the worst, is Sunday. On Sundays, the Elastos declined in value on average by -0.52%.

Elastos weekday performance

Allthough the Elastos decreases in value with -0.52% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Elastos on Sundays is 1.35%. This means that the expected change of the value of Elastos is between -1.87% and 0.83% on 68 out of 100 Sundays.

The expected range of change of the Elastos for an average Monday is between 0.19% and 1.72%. This is the result of an average increase in value of 0.95% and a standard deviation of %STANDARD_DEVIATION%}. This expected increase of value is calculated over the last 1 month.

Allthough the Elastos decreases in value with -0.41% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Elastos on Tuesdays is 0.98%. This means that the expected change of the value of Elastos is between -1.39% and 0.56% on 68 out of 100 Tuesdays.

It is hard to tell whether the Elastos will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Elastos is -0.07%. However, the standard deviation on this weekday is 0.88%. This means that on most Wednesdays, the change in value of the Elastos is between -0.95% and 0.82%.

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 0.91%. However, the uncertainty of this increase is high. The expected change in value of the Elastos on a Thursday is between -0.30% and 2.13% (see also the table below).

It is hard to tell whether the Elastos will increase or decrease in value on an average Friday. The average change on a Friday for the Elastos is -0.03%. However, the standard deviation on this weekday is 1.48%. This means that on most Fridays, the change in value of the Elastos is between -1.52% and 1.45%.

On an average Saturday, the Elastos increased 0.58%. However, since the expected deviation is 1.44%, the Elastos will decline in value on a Saturday quiet regularly. The expected price change of the Elastos on a Saturday is between -0.85% and 2.02%.

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 -0.52% 1.35% -1.87% to 0.83%
Monday 0.95% 0.76% 0.19% to 1.72%
Tuesday -0.41% 0.98% -1.39% to 0.56%
Wednesday -0.07% 0.88% -0.95% to 0.82%
Thursday 0.91% 1.22% -0.30% to 2.13%
Friday -0.03% 1.48% -1.52% to 1.45%
Saturday 0.58% 1.44% -0.85% to 2.02%