Electroneum (ETN)

Current price: $ 0.002438

24 hours price change: $ 0.000086 (3.68%)

Daily analysis of Electroneum (ETN) - 1 year

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 July 19th, 2023 to July 19th, 2024.

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 07/19/2023 and 07/19/2024.

According to the performance of Electroneum between July 19th, 2023 and July 19th, 2024, Electroneum performed the best on Wednesdays. On average, the price of Electroneum increased 2.37% on Wednesday.

The weekday on which the Electroneum performed the worst, is Friday. On Fridays, the Electroneum declined in value on average by -0.80%.

Electroneum weekday performance

Allthough the Electroneum decreases in value with -0.38% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Electroneum on Sundays is 7.33%. This means that the expected change of the value of Electroneum is between -7.72% and 6.95% on 68 out of 100 Sundays.

Allthough the Electroneum decreases in value with -0.32% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Electroneum on Mondays is 5.39%. This means that the expected change of the value of Electroneum is between -5.71% and 5.07% on 68 out of 100 Mondays.

Allthough the Electroneum decreases in value with -0.52% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Electroneum on Tuesdays is 6.77%. This means that the expected change of the value of Electroneum is between -7.29% and 6.24% on 68 out of 100 Tuesdays.

On an average Wednesday the Electroneum shows an increase in value of 2.37%. However, the change of Electroneum on most of the Wednesdays is between -5.07% and 9.81%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Electroneums.

On an average Thursday the Electroneum shows an increase in value of 1.14%. However, the change of Electroneum on most of the Thursdays is between -6.70% and 8.99%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Electroneums.

On Fridays, the Electroneum decreases in value on average with -0.80%. On most of the Fridays the Electroneum decreases in value between -13.08% and 11.47%. The uncertainty (12.28%) is higher than the average decline percentage (-0.80%). Therefore, expected range of price changes of the Electroneum on Fridays is large.

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 0.84%. However, the uncertainty of this increase is high. The expected change in value of the Electroneum on a Saturday is between -5.31% and 6.98% (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 -0.38% 7.33% -7.72% to 6.95%
Monday -0.32% 5.39% -5.71% to 5.07%
Tuesday -0.52% 6.77% -7.29% to 6.24%
Wednesday 2.37% 7.44% -5.07% to 9.81%
Thursday 1.14% 7.85% -6.70% to 8.99%
Friday -0.80% 12.28% -13.08% to 11.47%
Saturday 0.84% 6.14% -5.31% to 6.98%
 

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