Electroneum (ETN)

Current price: $ 0.005925

24 hours price change: $ 0.000171 (2.97%)

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 December 16th, 2020 to January 15th, 2021.

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 12/16/2020 and 01/15/2021.

According to the performance of Electroneum between December 16th, 2020 and January 15th, 2021, Electroneum performed the best on Wednesdays. On average, the price of Electroneum increased 1.61% on Wednesday.

The weekday on which the Electroneum performed the worst, is Monday. On Mondays, the Electroneum declined in value on average by -1.96%.

Electroneum weekday performance

Historical performance on Sunday 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 Sunday with 0.90%. However, the uncertainty of this increase is high. The expected change in value of the Electroneum on a Sunday is between -0.49% and 2.29% (see also the table below).

The Electroneum declines in value on an average Monday with -1.96%. However, the uncertainty (or standard deviation) is quite large, namely 1.97%. This means that it is not possible to say whether on a regular Monday the Electroneum will increase or decrease in value.

Electroneum increased in value on an average Tuesday only slightly. The average increase in value of the Electroneum was 0.04%. 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 (0.51%). This means that on 68 percent of the Tuesdays, the change in price of the Electroneum is expected to be in the range of -0.48% and 0.55%.

On an average Wednesday the Electroneum shows an increase in value of 1.61%. However, the change of Electroneum on most of the Wednesdays is between -0.08% and 3.29%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Electroneums.

Allthough the Electroneum decreases in value with -0.55% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Electroneum on Thursdays is 0.85%. This means that the expected change of the value of Electroneum is between -1.39% and 0.30% on 68 out of 100 Thursdays.

On Fridays, the Electroneum decreases in value on average with -0.87%. On most of the Fridays the Electroneum decreases in value between -2.95% and 1.22%. The uncertainty (2.09%) is higher than the average decline percentage (-0.87%). Therefore, expected range of price changes of the Electroneum on Fridays is large.

On an average Saturday the Electroneum shows an increase in value of 1.23%. However, the change of Electroneum on most of the Saturdays is between -2.47% and 4.92%. 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 0.90% 1.39% -0.49% to 2.29%
Monday -1.96% 1.97% -3.93% to 0.01%
Tuesday 0.04% 0.51% -0.48% to 0.55%
Wednesday 1.61% 1.68% -0.08% to 3.29%
Thursday -0.55% 0.85% -1.39% to 0.30%
Friday -0.87% 2.09% -2.95% to 1.22%
Saturday 1.23% 3.70% -2.47% to 4.92%
 

We use cookies on our website. Some of them are essential for the operation of the site, while others help us to improve this site and the user experience (tracking cookies). You can decide for yourself whether you want to allow cookies or not. Please note that if you reject them, you may not be able to use all the functionalities of the site.