Enjin Coin (ENJ)

Current price: $ 0.38

24 hours price change: $ 0.000807 (0.21%)

Daily analysis of Enjin Coin (ENJ) - 1 month

The performance of Enjin Coin regarding the price differs every day. To make the best decision to buy Enjin Coin, we are analysis in this article the performance of Enjin Coin on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on November 10th, 2023 to December 10th, 2023.

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

Average daily change in price of Enjin Coin per weekday between 11/10/2023 and 12/10/2023.

According to the performance of Enjin Coin between November 10th, 2023 and December 10th, 2023, Enjin Coin performed the best on Mondays. On average, the price of Enjin Coin increased 0.71% on Monday.

The weekday on which the Enjin Coin performed the worst, is Wednesday. On Wednesdays, the Enjin Coin declined in value on average by -1.30%.

Enjin Coin weekday performance

It is hard to tell whether the Enjin Coin will increase or decrease in value on an average Sunday. The average change on a Sunday for the Enjin Coin is -0.29%. However, the standard deviation on this weekday is 1.03%. This means that on most Sundays, the change in value of the Enjin Coin is between -1.33% and 0.74%.

Historical performance on Monday do not show an increase in value of the Enjin Coin on which a prediction can be made. The Enjin Coin increased in value on average on an average Monday with 0.71%. However, the uncertainty of this increase is high. The expected change in value of the Enjin Coin on a Monday is between -0.95% and 2.36% (see also the table below).

Enjin Coin increased in value on an average Tuesday only slightly. The average increase in value of the Enjin Coin was 0.28%. Allthough the Enjin Coin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.02%). This means that on 68 percent of the Tuesdays, the change in price of the Enjin Coin is expected to be in the range of -0.74% and 1.30%.

The Enjin Coin declines in value on an average Wednesday with -1.30%. However, the uncertainty (or standard deviation) is quite large, namely 2.53%. This means that it is not possible to say whether on a regular Wednesday the Enjin Coin will increase or decrease in value.

Historical performance on Thursday do not show an increase in value of the Enjin Coin on which a prediction can be made. The Enjin Coin increased in value on average on an average Thursday with 0.64%. However, the uncertainty of this increase is high. The expected change in value of the Enjin Coin on a Thursday is between -0.28% and 1.57% (see also the table below).

It is hard to tell whether the Enjin Coin will increase or decrease in value on an average Friday. The average change on a Friday for the Enjin Coin is -0.15%. However, the standard deviation on this weekday is 0.82%. This means that on most Fridays, the change in value of the Enjin Coin is between -0.97% and 0.66%.

On an average Saturday, the Enjin Coin increased 0.49%. However, since the expected deviation is 0.61%, the Enjin Coin will decline in value on a Saturday quiet regularly. The expected price change of the Enjin Coin on a Saturday is between -0.12% and 1.10%.

Enjin Coin weekday performance details

Find below the details of the performance of Enjin Coin 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 -0.29% 1.03% -1.33% to 0.74%
Monday 0.71% 1.66% -0.95% to 2.36%
Tuesday 0.28% 1.02% -0.74% to 1.30%
Wednesday -1.30% 2.53% -3.84% to 1.23%
Thursday 0.64% 0.93% -0.28% to 1.57%
Friday -0.15% 0.82% -0.97% to 0.66%
Saturday 0.49% 0.61% -0.12% to 1.10%
 

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