Enigma (ENG)

Current price: $ 0.28

24 hours price change: $ -0.01 (-4.05%)

Daily analysis of Enigma (ENG) - 1 month

The performance of Enigma regarding the price differs every day. To make the best decision to buy Enigma, we are analysis in this article the performance of Enigma on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on September 16th, 2019 to October 15th, 2019.

In the barchart below, the weekdays and average performance of Enigma are shown side by side.

Average daily change in price of Enigma per weekday between 09/16/2019 and 10/15/2019.

According to the performance of Enigma between September 16th, 2019 and October 15th, 2019, Enigma performed the best on Tuesdays. On average, the price of Enigma increased 3.70% on Tuesday.

The weekday on which the Enigma performed the worst, is Monday. On Mondays, the Enigma declined in value on average by -3.81%.

Enigma weekday performance

Allthough the Enigma decreases in value with -0.35% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Enigma on Sundays is 6.38%. This means that the expected change of the value of Enigma is between -6.72% and 6.03% on 68 out of 100 Sundays.

The decrease in value of the Enigma is -3.81% on an average Monday. The uncertainty of the average change is high for the Enigma on Mondays. This means that it is hard to tell whether the Enigma will decrease or increase in value on an average Monday. If we look at the 68% range of the Enigma, we see that on 68% of the Mondays, the expected change of the Enigma is between -12.11% and 4.50%.

On Tuesdays, the average increase of the value of the Enigma is very high. The average increase is 3.70%. The standard deviation of the Enigma on Tuesdays is 3.55%. This means that on 68% of the Tuesdays, the Enigma increases between 0.15% and 7.25%. The uncertainty is therefore not very high, since on most Tuesdays, the value of the Enigma will increase.

On an average Wednesday the Enigma shows a high increase in value, namely 1.81%. The standard deviation is below the average increase percentage (standard deviation is 1.43%), meaning that on 68% of the Wednesdays the Enigma will increase with a percentage between 0.38% and 3.24%. This also means that, on average, on 16 percent of the Wednesdays, the Enigma will increase with a percentage above this range. On the other 16% of the Wednesdays, the Enigma will change with a percentage below the 0.38%.

On an average Thursday the Enigma shows an increase in value of 1.67%. However, the change of Enigma on most of the Thursdays is between -0.60% and 3.94%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Enigmas.

Historical performance on Friday do not show an increase in value of the Enigma on which a prediction can be made. The Enigma increased in value on average on an average Friday with 0.92%. However, the uncertainty of this increase is high. The expected change in value of the Enigma on a Friday is between -1.65% and 3.50% (see also the table below).

The Enigma declines in value on an average Saturday with -1.73%. However, the uncertainty (or standard deviation) is quite large, namely 2.27%. This means that it is not possible to say whether on a regular Saturday the Enigma will increase or decrease in value.

Enigma weekday performance details

Find below the details of the performance of Enigma 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 -0.35% 6.38% -6.72% to 6.03%
Monday -3.81% 8.30% -12.11% to 4.50%
Tuesday 3.70% 3.55% 0.15% to 7.25%
Wednesday 1.81% 1.43% 0.38% to 3.24%
Thursday 1.67% 2.27% -0.60% to 3.94%
Friday 0.92% 2.57% -1.65% to 3.50%
Saturday -1.73% 2.27% -3.99% to 0.54%