Electroneum (ETN)

Current price: $ 0.002136

24 hours price change: $ -0.000199 (-8.50%)

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 October 30th, 2022 to November 30th, 2022.

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 10/30/2022 and 11/30/2022.

According to the performance of Electroneum between October 30th, 2022 and November 30th, 2022, Electroneum performed the best on Saturdays. On average, the price of Electroneum increased 1.93% on Saturday.

The weekday on which the Electroneum performed the worst, is Tuesday. On Tuesdays, the Electroneum declined in value on average by -1.28%.

Electroneum weekday performance

Electroneum increased in value on an average Sunday only slightly. The average increase in value of the Electroneum was 0.19%. 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 (0.29%). This means that on 68 percent of the Sundays, the change in price of the Electroneum is expected to be in the range of -0.09% and 0.48%.

It is hard to tell whether the Electroneum will increase or decrease in value on an average Monday. The average change on a Monday for the Electroneum is 0.00%. However, the standard deviation on this weekday is 0.75%. This means that on most Mondays, the change in value of the Electroneum is between -0.75% and 0.74%.

The Electroneum declines in value on an average Tuesday with -1.28%. However, the uncertainty (or standard deviation) is quite large, namely 0.84%. This means that it is not possible to say whether on a regular Tuesday the Electroneum will increase or decrease in value.

On an average Wednesday, the Electroneum increased 0.53%. However, since the expected deviation is 1.47%, the Electroneum will decline in value on a Wednesday quiet regularly. The expected price change of the Electroneum on a Wednesday is between -0.94% and 1.99%.

Historical performance on Thursday 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 Thursday with 0.99%. However, the uncertainty of this increase is high. The expected change in value of the Electroneum on a Thursday is between -0.67% and 2.65% (see also the table below).

Allthough the Electroneum decreases in value with -0.57% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Electroneum on Fridays is 1.12%. This means that the expected change of the value of Electroneum is between -1.68% and 0.55% on 68 out of 100 Fridays.

On an average Saturday the Electroneum shows an increase in value of 1.93%. However, the change of Electroneum on most of the Saturdays is between -1.29% and 5.16%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Electroneums.

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 0.19% 0.29% -0.09% to 0.48%
Monday 0.00% 0.75% -0.75% to 0.74%
Tuesday -1.28% 0.84% -2.12% to -0.45%
Wednesday 0.53% 1.47% -0.94% to 1.99%
Thursday 0.99% 1.66% -0.67% to 2.65%
Friday -0.57% 1.12% -1.68% to 0.55%
Saturday 1.93% 3.22% -1.29% to 5.16%
 

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