Electroneum (ETN)

Current price: $ 0.008236

24 hours price change: $ -0.000287 (-3.37%)

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 May 3rd, 2020 to June 2nd, 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 05/03/2020 and 06/02/2020.

According to the performance of Electroneum between May 3rd, 2020 and June 2nd, 2020, Electroneum performed the best on Saturdays. On average, the price of Electroneum increased 0.29% on Saturday.

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

Electroneum weekday performance

Electroneum increased in value on an average Sunday only slightly. The average increase in value of the Electroneum was 0.06%. 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 (0.27%). This means that on 68 percent of the Sundays, the change in price of the Electroneum is expected to be in the range of -0.21% and 0.33%.

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 -0.24%. However, the standard deviation on this weekday is 0.51%. This means that on most Mondays, the change in value of the Electroneum is between -0.75% and 0.27%.

It is hard to tell whether the Electroneum will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Electroneum is -0.01%. However, the standard deviation on this weekday is 0.09%. This means that on most Tuesdays, the change in value of the Electroneum is between -0.10% and 0.08%.

It is hard to tell whether the Electroneum will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Electroneum is -0.29%. However, the standard deviation on this weekday is 0.45%. This means that on most Wednesdays, the change in value of the Electroneum is between -0.75% and 0.16%.

Allthough the Electroneum decreases in value with -0.58% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Electroneum on Thursdays is 1.11%. This means that the expected change of the value of Electroneum is between -1.69% and 0.53% on 68 out of 100 Thursdays.

Electroneum increased in value on an average Friday only slightly. The average increase in value of the Electroneum was 0.03%. 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 (0.11%). This means that on 68 percent of the Fridays, the change in price of the Electroneum is expected to be in the range of -0.08% and 0.14%.

Electroneum increased in value on an average Saturday only slightly. The average increase in value of the Electroneum was 0.29%. 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 (0.37%). This means that on 68 percent of the Saturdays, the change in price of the Electroneum is expected to be in the range of -0.08% and 0.67%.

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 0.06% 0.27% -0.21% to 0.33%
Monday -0.24% 0.51% -0.75% to 0.27%
Tuesday -0.01% 0.09% -0.10% to 0.08%
Wednesday -0.29% 0.45% -0.75% to 0.16%
Thursday -0.58% 1.11% -1.69% to 0.53%
Friday 0.03% 0.11% -0.08% to 0.14%
Saturday 0.29% 0.37% -0.08% to 0.67%
 

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