Electroneum (ETN)

Current price: $ 0.02

24 hours price change: $ -0.000917 (-5.65%)

Daily analysis of Electroneum (ETN) - 1 month

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 1 month, starting on April 18th, 2021 to May 18th, 2021.

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 04/18/2021 and 05/18/2021.

According to the performance of Electroneum between April 18th, 2021 and May 18th, 2021, Electroneum performed the best on Mondays. On average, the price of Electroneum increased 1.40% on Monday.

The weekday on which the Electroneum performed the worst, is Thursday. On Thursdays, the Electroneum declined in value on average by -2.92%.

Electroneum weekday performance

Allthough the Electroneum decreases in value with -0.48% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Electroneum on Sundays is 1.26%. This means that the expected change of the value of Electroneum is between -1.74% and 0.77% on 68 out of 100 Sundays.

On an average Monday the Electroneum shows an increase in value of 1.40%. However, the change of Electroneum on most of the Mondays is between -2.85% and 5.66%. Therefore it is hard to tell whether an average Monday is a good day to start buying Electroneums.

Allthough the Electroneum decreases in value with -0.39% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Electroneum on Tuesdays is 1.37%. This means that the expected change of the value of Electroneum is between -1.76% and 0.98% on 68 out of 100 Tuesdays.

The Electroneum declines in value on an average Wednesday with -1.20%. However, the uncertainty (or standard deviation) is quite large, namely 3.30%. This means that it is not possible to say whether on a regular Wednesday the Electroneum will increase or decrease in value.

The Electroneum declines in value on an average Thursday with -2.92%. However, the uncertainty (or standard deviation) is quite large, namely 2.67%. This means that it is not possible to say whether on a regular Thursday the Electroneum will increase or decrease in value.

Historical performance on Friday do not show an increase in value of the Electroneum on which a prediction can be made. The Electroneum increased in value on average on an average Friday with 0.84%. However, the uncertainty of this increase is high. The expected change in value of the Electroneum on a Friday is between -0.79% and 2.48% (see also the table below).

It is hard to tell whether the Electroneum will increase or decrease in value on an average Saturday. The average change on a Saturday for the Electroneum is -0.09%. However, the standard deviation on this weekday is 0.13%. This means that on most Saturdays, the change in value of the Electroneum is between -0.23% and 0.04%.

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 -0.48% 1.26% -1.74% to 0.77%
Monday 1.40% 4.25% -2.85% to 5.66%
Tuesday -0.39% 1.37% -1.76% to 0.98%
Wednesday -1.20% 3.30% -4.50% to 2.10%
Thursday -2.92% 2.67% -5.59% to -0.25%
Friday 0.84% 1.63% -0.79% to 2.48%
Saturday -0.09% 0.13% -0.23% to 0.04%
 

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