Enigma (ENG)

Current price: $ 0.01

24 hours price change: $ -0.000501 (-3.44%)

Daily analysis of Enigma (ENG) - 6 months

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 6 months, starting on December 19th, 2023 to June 19th, 2024.

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 12/19/2023 and 06/19/2024.

According to the performance of Enigma between December 19th, 2023 and June 19th, 2024, Enigma performed the best on Thursdays. On average, the price of Enigma increased 5.19% on Thursday.

The weekday on which the Enigma performed the worst, is Wednesday. On Wednesdays, the Enigma declined in value on average by -3.05%.

Enigma weekday performance

On an average Sunday the Enigma shows an increase in value of 2.89%. However, the change of Enigma on most of the Sundays is between -10.15% and 15.93%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Enigmas.

The Enigma declines in value on an average Monday with -1.42%. However, the uncertainty (or standard deviation) is quite large, namely 16.37%. This means that it is not possible to say whether on a regular Monday the Enigma will increase or decrease in value.

On an average Tuesday the Enigma shows an increase in value of 1.95%. However, the change of Enigma on most of the Tuesdays is between -18.59% and 22.49%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Enigmas.

The decrease in value of the Enigma is -3.05% on an average Wednesday. The uncertainty of the average change is high for the Enigma on Wednesdays. This means that it is hard to tell whether the Enigma will decrease or increase in value on an average Wednesday. If we look at the 68% range of the Enigma, we see that on 68% of the Wednesdays, the expected change of the Enigma is between -15.46% and 9.36%.

The increase in value of the Enigma is 5.19% on an average Thursday. However, the uncertainty on the average change is high for the Enigma on Thursdays. This is the reason why an expected increase of the Enigma on an average Thursday cannot be predicted. The standard deviation for Enigma on Thursdays is high, namely 17.24%. This means that the expected range of value change for the Enigma is -12.04% and 22.43% on 68% of the Thursdays.

The increase in value of the Enigma is 3.24% 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 17.44%. This means that the expected range of value change for the Enigma is -14.20% and 20.68% on 68% of the Fridays.

The Enigma declines in value on an average Saturday with -1.23%. However, the uncertainty (or standard deviation) is quite large, namely 15.43%. 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 2.89% 13.04% -10.15% to 15.93%
Monday -1.42% 16.37% -17.80% to 14.95%
Tuesday 1.95% 20.54% -18.59% to 22.49%
Wednesday -3.05% 12.41% -15.46% to 9.36%
Thursday 5.19% 17.24% -12.04% to 22.43%
Friday 3.24% 17.44% -14.20% to 20.68%
Saturday -1.23% 15.43% -16.66% to 14.20%
 

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