Electroneum (ETN)

Current price: -

24 hours price change: - (-)

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 22nd, 2024 to May 17th, 2024.

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 04/22/2024 and 05/17/2024.

According to the performance of Electroneum between April 22nd, 2024 and May 17th, 2024, Electroneum performed the best on Wednesdays. On average, the price of Electroneum increased 3.29% on Wednesday.

The weekday on which the Electroneum performed the worst, is Tuesday. On Tuesdays, the Electroneum declined in value on average by -5.38%.

Electroneum weekday performance

On an average Sunday, the Electroneum increased 0.43%. However, since the expected deviation is 2.89%, the Electroneum will decline in value on a Sunday quiet regularly. The expected price change of the Electroneum on a Sunday is between -2.46% and 3.32%.

On an average Monday the Electroneum shows an increase in value of 2.46%. However, the change of Electroneum on most of the Mondays is between -0.57% and 5.48%. Therefore it is hard to tell whether an average Monday is a good day to start buying Electroneums.

The decrease in value of the Electroneum is -5.38% on an average Tuesday. The uncertainty of the average change is high for the Electroneum on Tuesdays. This means that it is hard to tell whether the Electroneum will decrease or increase in value on an average Tuesday. If we look at the 68% range of the Electroneum, we see that on 68% of the Tuesdays, the expected change of the Electroneum is between -15.41% and 4.65%.

The increase in value of the Electroneum is 3.29% 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 3.43%. This means that the expected range of value change for the Electroneum is -0.14% and 6.73% on 68% of the Wednesdays.

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 0.86%. However, the uncertainty of this increase is high. The expected change in value of the Electroneum on a Thursday is between -1.79% and 3.52% (see also the table below).

Electroneum increased in value on an average Friday only slightly. The average increase in value of the Electroneum was 0.10%. 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 (4.42%). This means that on 68 percent of the Fridays, the change in price of the Electroneum is expected to be in the range of -4.33% and 4.52%.

Historical performance on Saturday 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 Saturday with 0.94%. However, the uncertainty of this increase is high. The expected change in value of the Electroneum on a Saturday is between -1.41% and 3.28% (see also the table below).

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 0.43% 2.89% -2.46% to 3.32%
Monday 2.46% 3.02% -0.57% to 5.48%
Tuesday -5.38% 10.03% -15.41% to 4.65%
Wednesday 3.29% 3.43% -0.14% to 6.73%
Thursday 0.86% 2.66% -1.79% to 3.52%
Friday 0.10% 4.42% -4.33% to 4.52%
Saturday 0.94% 2.34% -1.41% to 3.28%
 

About Us

: Financial indicators for cryptocurrencies