Electroneum (ETN)

Current price: $ 0.003388

24 hours price change: $ 0.000037 (1.10%)

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 September 23rd, 2019 to October 22nd, 2019.

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 09/23/2019 and 10/22/2019.

According to the performance of Electroneum between September 23rd, 2019 and October 22nd, 2019, Electroneum performed the best on Wednesdays. On average, the price of Electroneum increased 0.75% on Wednesday.

The weekday on which the Electroneum performed the worst, is Sunday. On Sundays, the Electroneum declined in value on average by -0.75%.

Electroneum weekday performance

On Sundays, the Electroneum decreases in value on average with -0.75%. On most of the Sundays the Electroneum decreases in value between -1.75% and 0.24%. The uncertainty (1.00%) is higher than the average decline percentage (-0.75%). Therefore, expected range of price changes of the Electroneum on Sundays is large.

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 -0.05%. However, the standard deviation on this weekday is 0.53%. This means that on most Mondays, the change in value of the Electroneum is between -0.58% and 0.48%.

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 (0.21%). This means that on 68 percent of the Tuesdays, the change in price of the Electroneum is expected to be in the range of -0.12% and 0.29%.

The expected range of change of the Electroneum for an average Wednesday is between 0.22% and 1.29%. This is the result of an average increase in value of 0.75% and a standard deviation of %STANDARD_DEVIATION%}. This expected increase of value is calculated over the last 1 month.

On an average Thursday, the Electroneum increased 0.31%. However, since the expected deviation is 0.69%, the Electroneum will decline in value on a Thursday quiet regularly. The expected price change of the Electroneum on a Thursday is between -0.38% and 1.00%.

It is hard to tell whether the Electroneum will increase or decrease in value on an average Friday. The average change on a Friday for the Electroneum is -0.17%. However, the standard deviation on this weekday is 0.60%. This means that on most Fridays, the change in value of the Electroneum is between -0.76% and 0.43%.

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 -0.25%. However, the standard deviation on this weekday is 0.81%. This means that on most Saturdays, the change in value of the Electroneum is between -1.06% and 0.56%.

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 -0.75% 1.00% -1.75% to 0.24%
Monday -0.05% 0.53% -0.58% to 0.48%
Tuesday 0.08% 0.21% -0.12% to 0.29%
Wednesday 0.75% 0.54% 0.22% to 1.29%
Thursday 0.31% 0.69% -0.38% to 1.00%
Friday -0.17% 0.60% -0.76% to 0.43%
Saturday -0.25% 0.81% -1.06% to 0.56%