Electroneum (ETN)

Current price: $ 0.003615

24 hours price change: $ -0.000046 (-1.25%)

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 April 20th, 2019 to October 19th, 2019.

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 04/20/2019 and 10/19/2019.

According to the performance of Electroneum between April 20th, 2019 and October 19th, 2019, Electroneum performed the best on Tuesdays. On average, the price of Electroneum increased 1.54% on Tuesday.

The weekday on which the Electroneum performed the worst, is Monday. On Mondays, the Electroneum declined in value on average by -3.28%.

Electroneum weekday performance

On an average Sunday the Electroneum shows an increase in value of 1.17%. However, the change of Electroneum on most of the Sundays is between -4.30% and 6.65%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Electroneums.

The decrease in value of the Electroneum is -3.28% on an average Monday. The uncertainty of the average change is high for the Electroneum on Mondays. This means that it is hard to tell whether the Electroneum will decrease or increase in value on an average Monday. If we look at the 68% range of the Electroneum, we see that on 68% of the Mondays, the expected change of the Electroneum is between -7.36% and 0.79%.

On an average Tuesday the Electroneum shows an increase in value of 1.54%. However, the change of Electroneum on most of the Tuesdays is between -5.51% and 8.58%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Electroneums.

It is hard to tell whether the Electroneum will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Electroneum is -0.11%. However, the standard deviation on this weekday is 6.20%. This means that on most Wednesdays, the change in value of the Electroneum is between -6.31% and 6.09%.

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 -0.08%. However, the standard deviation on this weekday is 5.36%. This means that on most Thursdays, the change in value of the Electroneum is between -5.44% and 5.28%.

Electroneum increased in value on an average Friday 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 (4.25%). This means that on 68 percent of the Fridays, the change in price of the Electroneum is expected to be in the range of -3.98% and 4.52%.

On an average Saturday, the Electroneum increased 0.36%. However, since the expected deviation is 4.52%, the Electroneum will decline in value on a Saturday quiet regularly. The expected price change of the Electroneum on a Saturday is between -4.16% and 4.87%.

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 1.17% 5.48% -4.30% to 6.65%
Monday -3.28% 4.08% -7.36% to 0.79%
Tuesday 1.54% 7.05% -5.51% to 8.58%
Wednesday -0.11% 6.20% -6.31% to 6.09%
Thursday -0.08% 5.36% -5.44% to 5.28%
Friday 0.27% 4.25% -3.98% to 4.52%
Saturday 0.36% 4.52% -4.16% to 4.87%