Enigma (ENG)

Current price: $ 0.53

24 hours price change: $ 0.001299 (0.25%)

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 23rd, 2020 to October 23rd, 2020.

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 09/23/2020 and 10/23/2020.

According to the performance of Enigma between September 23rd, 2020 and October 23rd, 2020, Enigma performed the best on Sundays. On average, the price of Enigma increased 0.72% on Sunday.

The weekday on which the Enigma performed the worst, is Thursday. On Thursdays, the Enigma declined in value on average by -0.19%.

Enigma weekday performance

Historical performance on Sunday 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 Sunday with 0.72%. However, the uncertainty of this increase is high. The expected change in value of the Enigma on a Sunday is between -0.35% and 1.79% (see also the table below).

It is hard to tell whether the Enigma will increase or decrease in value on an average Monday. The average change on a Monday for the Enigma is -0.08%. However, the standard deviation on this weekday is 0.24%. This means that on most Mondays, the change in value of the Enigma is between -0.31% and 0.16%.

It is hard to tell whether the Enigma will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Enigma is -0.03%. However, the standard deviation on this weekday is 0.05%. This means that on most Tuesdays, the change in value of the Enigma is between -0.08% and 0.02%.

The average increase of the Enigma on an average Wednesday is 0.40%. This is a small increase, however, the expected change of the Enigma in 95% of the Wednesdays is -0.03% and 0.83%. This means that only on 2.5% (or slightly over 1 Wednesday per year) the expected change of the Enigma is below -0.03%. On the other hand, you would not have to expect that the change on a single Wednesday will be above 0.83%. This will also only happen on 2.5% of the Wednesdays. On 68% of the Wednesdays, the increase of the Enigma will be in the range of 0.19% and 0.62%.

It is hard to tell whether the Enigma will increase or decrease in value on an average Thursday. The average change on a Thursday for the Enigma is -0.19%. However, the standard deviation on this weekday is 0.30%. This means that on most Thursdays, the change in value of the Enigma is between -0.48% and 0.11%.

It is hard to tell whether the Enigma will increase or decrease in value on an average Friday. The average change on a Friday for the Enigma is -0.12%. However, the standard deviation on this weekday is 0.31%. This means that on most Fridays, the change in value of the Enigma is between -0.43% and 0.20%.

It is hard to tell whether the Enigma will increase or decrease in value on an average Saturday. The average change on a Saturday for the Enigma is -0.06%. However, the standard deviation on this weekday is 0.13%. This means that on most Saturdays, the change in value of the Enigma is between -0.19% and 0.07%.

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 0.72% 1.07% -0.35% to 1.79%
Monday -0.08% 0.24% -0.31% to 0.16%
Tuesday -0.03% 0.05% -0.08% to 0.02%
Wednesday 0.40% 0.21% 0.19% to 0.62%
Thursday -0.19% 0.30% -0.48% to 0.11%
Friday -0.12% 0.31% -0.43% to 0.20%
Saturday -0.06% 0.13% -0.19% to 0.07%
 

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