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 November 6th, 2023 to December 6th, 2023.
In the barchart below, the weekdays and average performance of Electroneum are shown side by side.
According to the performance of Electroneum between November 6th, 2023 and December 6th, 2023, Electroneum performed the best on Wednesdays. On average, the price of Electroneum increased 6.07% on Wednesday.
The weekday on which the Electroneum performed the worst, is Sunday. On Sundays, the Electroneum declined in value on average by -2.44%.
Electroneum weekday performance
The Electroneum declines in value on an average Sunday with -2.44%. However, the uncertainty (or standard deviation) is quite large, namely 5.60%. This means that it is not possible to say whether on a regular Sunday the Electroneum will increase or decrease in value.
The Electroneum declines in value on an average Monday with -2.26%. However, the uncertainty (or standard deviation) is quite large, namely 5.91%. This means that it is not possible to say whether on a regular Monday the Electroneum will increase or decrease in value.
On Tuesdays, the average increase of the value of the Electroneum is very high. The average increase is 4.45%. The standard deviation of the Electroneum on Tuesdays is 4.41%. This means that on 68% of the Tuesdays, the Electroneum increases between 0.04% and 8.86%. The uncertainty is therefore not very high, since on most Tuesdays, the value of the Electroneum will increase.
The increase in value of the Electroneum is 6.07% 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 6.71%. This means that the expected range of value change for the Electroneum is -0.64% and 12.78% on 68% of the Wednesdays.
On an average Thursday the Electroneum shows an increase in value of 2.44%. However, the change of Electroneum on most of the Thursdays is between -4.85% and 9.73%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Electroneums.
The increase in value of the Electroneum is 4.71% on an average Friday. However, the uncertainty on the average change is high for the Electroneum on Fridays. This is the reason why an expected increase of the Electroneum on an average Friday cannot be predicted. The standard deviation for Electroneum on Fridays is high, namely 7.04%. This means that the expected range of value change for the Electroneum is -2.33% and 11.75% on 68% of the Fridays.
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 -8.20% and 10.07% (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 | -2.44% | 5.60% | -8.04% to 3.16% |
| Monday | -2.26% | 5.91% | -8.18% to 3.65% |
| Tuesday | 4.45% | 4.41% | 0.04% to 8.86% |
| Wednesday | 6.07% | 6.71% | -0.64% to 12.78% |
| Thursday | 2.44% | 7.29% | -4.85% to 9.73% |
| Friday | 4.71% | 7.04% | -2.33% to 11.75% |
| Saturday | 0.94% | 9.13% | -8.20% to 10.07% |