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 year, starting on December 9th, 2022 to December 9th, 2023.
In the barchart below, the weekdays and average performance of Electroneum are shown side by side.
According to the performance of Electroneum between December 9th, 2022 and December 9th, 2023, Electroneum performed the best on Thursdays. On average, the price of Electroneum increased 1.02% on Thursday.
The weekday on which the Electroneum performed the worst, is Friday. On Fridays, the Electroneum declined in value on average by -1.18%.
Electroneum weekday performance
Electroneum increased in value on an average Sunday only slightly. The average increase in value of the Electroneum was 0.27%. 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 (2.74%). This means that on 68 percent of the Sundays, the change in price of the Electroneum is expected to be in the range of -2.47% and 3.01%.
Allthough the Electroneum decreases in value with -0.58% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Electroneum on Mondays is 3.06%. This means that the expected change of the value of Electroneum is between -3.64% and 2.48% on 68 out of 100 Mondays.
On an average Tuesday, the Electroneum increased 0.32%. However, since the expected deviation is 2.27%, the Electroneum will decline in value on a Tuesday quiet regularly. The expected price change of the Electroneum on a Tuesday is between -1.94% and 2.59%.
Historical performance on Wednesday 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 Wednesday with 0.87%. However, the uncertainty of this increase is high. The expected change in value of the Electroneum on a Wednesday is between -2.61% and 4.36% (see also the table below).
On an average Thursday the Electroneum shows an increase in value of 1.02%. However, the change of Electroneum on most of the Thursdays is between -3.05% and 5.09%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Electroneums.
The Electroneum declines in value on an average Friday with -1.18%. However, the uncertainty (or standard deviation) is quite large, namely 11.05%. This means that it is not possible to say whether on a regular Friday the Electroneum will increase or decrease in value.
On an average Saturday, the Electroneum increased 0.38%. However, since the expected deviation is 3.17%, the Electroneum will decline in value on a Saturday quiet regularly. The expected price change of the Electroneum on a Saturday is between -2.79% and 3.55%.
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||0.27%||2.74%||-2.47% to 3.01%|
|Monday||-0.58%||3.06%||-3.64% to 2.48%|
|Tuesday||0.32%||2.27%||-1.94% to 2.59%|
|Wednesday||0.87%||3.49%||-2.61% to 4.36%|
|Thursday||1.02%||4.07%||-3.05% to 5.09%|
|Friday||-1.18%||11.05%||-12.23% to 9.87%|
|Saturday||0.38%||3.17%||-2.79% to 3.55%|