Electroneum (ETN)

Current price: $ 0.003831

24 hours price change: $ 0.000278 (7.81%)

Daily analysis of Electroneum (ETN) - all

The performance of Electroneum regarding the price differs every day. To make the best decision to buy Electroneum, we are analysis in this article the performance of Electroneum on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on October 26th, 2017 to February 15th, 2020.

In the barchart below, the weekdays and average performance of Electroneum are shown side by side.

Average daily change in price of Electroneum per weekday between 10/26/2017 and 02/15/2020.

According to the performance of Electroneum between October 26th, 2017 and February 15th, 2020, Electroneum performed the best on Wednesdays. On average, the price of Electroneum increased 445.85% on Wednesday.

The weekday on which the Electroneum performed the worst, is Monday. On Mondays, the Electroneum declined in value on average by -0.58%.

Electroneum weekday performance

Allthough the Electroneum decreases in value with -0.35% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Electroneum on Sundays is 6.14%. This means that the expected change of the value of Electroneum is between -6.50% and 5.79% on 68 out of 100 Sundays.

Allthough the Electroneum decreases in value with -0.58% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Electroneum on Mondays is 6.54%. This means that the expected change of the value of Electroneum is between -7.12% and 5.96% on 68 out of 100 Mondays.

Electroneum increased in value on an average Tuesday only slightly. The average increase in value of the Electroneum was 0.08%. Allthough the Electroneum closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (6.79%). This means that on 68 percent of the Tuesdays, the change in price of the Electroneum is expected to be in the range of -6.71% and 6.87%.

The increase in value of the Electroneum is 445.85% on an average Wednesday. However, the uncertainty on the average change is high for the Electroneum on Wednesdays. This is the reason why an expected increase of the Electroneum on an average Wednesday cannot be predicted. The standard deviation for Electroneum on Wednesdays is high, namely 4,865.01%. This means that the expected range of value change for the Electroneum is -4,419.16% and 5,310.86% on 68% of the Wednesdays.

Allthough the Electroneum decreases in value with -0.37% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Electroneum on Thursdays is 11.38%. This means that the expected change of the value of Electroneum is between -11.75% and 11.00% on 68 out of 100 Thursdays.

On an average Friday the Electroneum shows an increase in value of 1.02%. However, the change of Electroneum on most of the Fridays is between -3.96% and 5.99%. Therefore it is hard to tell whether an average Friday is a good day to start buying Electroneums.

Electroneum increased in value on an average Saturday only slightly. The average increase in value of the Electroneum was 0.05%. Allthough the Electroneum closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (5.22%). This means that on 68 percent of the Saturdays, the change in price of the Electroneum is expected to be in the range of -5.17% and 5.27%.

Electroneum weekday performance details

Find below the details of the performance of Electroneum 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 -0.35% 6.14% -6.50% to 5.79%
Monday -0.58% 6.54% -7.12% to 5.96%
Tuesday 0.08% 6.79% -6.71% to 6.87%
Wednesday 445.85% 4,865.01% -4,419.16% to 5,310.86%
Thursday -0.37% 11.38% -11.75% to 11.00%
Friday 1.02% 4.98% -3.96% to 5.99%
Saturday 0.05% 5.22% -5.17% to 5.27%
 

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