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 June 6th, 2023 to December 6th, 2023.
In the barchart below, the weekdays and average performance of Enigma are shown side by side.
According to the performance of Enigma between June 6th, 2023 and December 6th, 2023, Enigma performed the best on Thursdays. On average, the price of Enigma increased 25.93% on Thursday.
The weekday on which the Enigma performed the worst, is Tuesday. On Tuesdays, the Enigma declined in value on average by -1.34%.
Enigma weekday performance
On an average Sunday, the Enigma increased 0.48%. However, since the expected deviation is 3.18%, the Enigma will decline in value on a Sunday quiet regularly. The expected price change of the Enigma on a Sunday is between -2.70% and 3.65%.
Enigma increased in value on an average Monday only slightly. The average increase in value of the Enigma was 0.19%. 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 (1.44%). This means that on 68 percent of the Mondays, the change in price of the Enigma is expected to be in the range of -1.25% and 1.63%.
The Enigma declines in value on an average Tuesday with -1.34%. However, the uncertainty (or standard deviation) is quite large, namely 7.66%. This means that it is not possible to say whether on a regular Tuesday the Enigma will increase or decrease in value.
It is hard to tell whether the Enigma will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Enigma is -0.01%. However, the standard deviation on this weekday is 0.72%. This means that on most Wednesdays, the change in value of the Enigma is between -0.73% and 0.71%.
The increase in value of the Enigma is 25.93% 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 121.30%. This means that the expected range of value change for the Enigma is -95.38% and 147.23% on 68% of the Thursdays.
Enigma increased in value on an average Friday only slightly. The average increase in value of the Enigma was 0.26%. 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 (2.33%). This means that on 68 percent of the Fridays, the change in price of the Enigma is expected to be in the range of -2.07% and 2.58%.
Enigma increased in value on an average Saturday only slightly. The average increase in value of the Enigma was 0.10%. 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 (1.45%). This means that on 68 percent of the Saturdays, the change in price of the Enigma is expected to be in the range of -1.35% and 1.55%.
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 | 0.48% | 3.18% | -2.70% to 3.65% |
Monday | 0.19% | 1.44% | -1.25% to 1.63% |
Tuesday | -1.34% | 7.66% | -9.00% to 6.32% |
Wednesday | -0.01% | 0.72% | -0.73% to 0.71% |
Thursday | 25.93% | 121.30% | -95.38% to 147.23% |
Friday | 0.26% | 2.33% | -2.07% to 2.58% |
Saturday | 0.10% | 1.45% | -1.35% to 1.55% |