Enigma (ENG)

Current price: $ 0.15

24 hours price change: $ 0.01 (9.12%)

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 December 17th, 2020 to January 16th, 2021.

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 12/17/2020 and 01/16/2021.

According to the performance of Enigma between December 17th, 2020 and January 16th, 2021, Enigma performed the best on Fridays. On average, the price of Enigma increased 5.53% on Friday.

The weekday on which the Enigma performed the worst, is Monday. On Mondays, the Enigma declined in value on average by -12.65%.

Enigma weekday performance

On Sundays, the Enigma decreases in value on average with -0.90%. On most of the Sundays the Enigma decreases in value between -2.46% and 0.66%. The uncertainty (1.56%) is higher than the average decline percentage (-0.90%). Therefore, expected range of price changes of the Enigma on Sundays is large.

The decrease in value of the Enigma is -12.65% 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 -33.69% and 8.38%.

Enigma increased in value on an average Tuesday only slightly. The average increase in value of the Enigma was 0.18%. Allthough the Enigma closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.68%). This means that on 68 percent of the Tuesdays, the change in price of the Enigma is expected to be in the range of -1.50% and 1.86%.

On Wednesdays, the Enigma decreases in value on average with -0.98%. On most of the Wednesdays the Enigma decreases in value between -2.32% and 0.36%. The uncertainty (1.34%) is higher than the average decline percentage (-0.98%). Therefore, expected range of price changes of the Enigma on Wednesdays is large.

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 -0.27%. However, the standard deviation on this weekday is 0.58%. This means that on most Thursdays, the change in value of the Enigma is between -0.84% and 0.31%.

The increase in value of the Enigma is 5.53% on an average Friday. However, the uncertainty on the average change is high for the Enigma on Fridays. This is the reason why an expected increase of the Enigma on an average Friday cannot be predicted. The standard deviation for Enigma on Fridays is high, namely 11.05%. This means that the expected range of value change for the Enigma is -5.53% and 16.58% on 68% of the Fridays.

Historical performance on Saturday 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 Saturday with 0.79%. However, the uncertainty of this increase is high. The expected change in value of the Enigma on a Saturday is between -1.60% and 3.18% (see also the table below).

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 -0.90% 1.56% -2.46% to 0.66%
Monday -12.65% 21.04% -33.69% to 8.38%
Tuesday 0.18% 1.68% -1.50% to 1.86%
Wednesday -0.98% 1.34% -2.32% to 0.36%
Thursday -0.27% 0.58% -0.84% to 0.31%
Friday 5.53% 11.05% -5.53% to 16.58%
Saturday 0.79% 2.39% -1.60% to 3.18%
 

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