Electroneum (ETN)

Current price: $ 0.005700

24 hours price change: $ 0.005700 (inf%)

Daily analysis of Electroneum (ETN) - 6 months

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 6 months, starting on July 25th, 2020 to January 17th, 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 07/25/2020 and 01/17/2021.

According to the performance of Electroneum between July 25th, 2020 and January 17th, 2021, Electroneum performed the best on Saturdays. On average, the price of Electroneum increased 0.54% on Saturday.

The weekday on which the Electroneum performed the worst, is Monday. On Mondays, the Electroneum declined in value on average by -0.61%.

Electroneum weekday performance

Electroneum increased in value on an average Sunday only slightly. The average increase in value of the Electroneum was 0.20%. 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 (0.66%). This means that on 68 percent of the Sundays, the change in price of the Electroneum is expected to be in the range of -0.46% and 0.86%.

On Mondays, the Electroneum decreases in value on average with -0.61%. On most of the Mondays the Electroneum decreases in value between -2.00% and 0.78%. The uncertainty (1.39%) is higher than the average decline percentage (-0.61%). Therefore, expected range of price changes of the Electroneum on Mondays is large.

Electroneum increased in value on an average Tuesday only slightly. The average increase in value of the Electroneum was 0.28%. 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 (1.11%). This means that on 68 percent of the Tuesdays, the change in price of the Electroneum is expected to be in the range of -0.84% and 1.39%.

On an average Wednesday, the Electroneum increased 0.48%. However, since the expected deviation is 1.62%, the Electroneum will decline in value on a Wednesday quiet regularly. The expected price change of the Electroneum on a Wednesday is between -1.15% and 2.10%.

It is hard to tell whether the Electroneum will increase or decrease in value on an average Thursday. The average change on a Thursday for the Electroneum is -0.02%. However, the standard deviation on this weekday is 0.62%. This means that on most Thursdays, the change in value of the Electroneum is between -0.64% and 0.60%.

It is hard to tell whether the Electroneum will increase or decrease in value on an average Friday. The average change on a Friday for the Electroneum is -0.06%. However, the standard deviation on this weekday is 1.31%. This means that on most Fridays, the change in value of the Electroneum is between -1.37% and 1.24%.

On an average Saturday, the Electroneum increased 0.54%. However, since the expected deviation is 2.08%, the Electroneum will decline in value on a Saturday quiet regularly. The expected price change of the Electroneum on a Saturday is between -1.54% and 2.63%.

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 0.20% 0.66% -0.46% to 0.86%
Monday -0.61% 1.39% -2.00% to 0.78%
Tuesday 0.28% 1.11% -0.84% to 1.39%
Wednesday 0.48% 1.62% -1.15% to 2.10%
Thursday -0.02% 0.62% -0.64% to 0.60%
Friday -0.06% 1.31% -1.37% to 1.24%
Saturday 0.54% 2.08% -1.54% to 2.63%
 

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