Enjin Coin (ENJ)

Current price: $ 0.24

24 hours price change: $ 0.24 (inf%)

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

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

According to the performance of Enjin Coin between December 17th, 2020 and January 17th, 2021, Enjin Coin performed the best on Thursdays. On average, the price of Enjin Coin increased 7.23% on Thursday.

The weekday on which the Enjin Coin performed the worst, is Tuesday. On Tuesdays, the Enjin Coin declined in value on average by -1.29%.

Enjin Coin weekday performance

On an average Sunday the Enjin Coin shows an increase in value of 1.40%. However, the change of Enjin Coin on most of the Sundays is between -0.97% and 3.78%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Enjin Coins.

On an average Monday, the Enjin Coin increased 0.33%. However, since the expected deviation is 1.35%, the Enjin Coin will decline in value on a Monday quiet regularly. The expected price change of the Enjin Coin on a Monday is between -1.01% and 1.68%.

The Enjin Coin declines in value on an average Tuesday with -1.29%. However, the uncertainty (or standard deviation) is quite large, namely 1.84%. This means that it is not possible to say whether on a regular Tuesday the Enjin Coin will increase or decrease in value.

Allthough the Enjin Coin decreases in value with -0.33% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Enjin Coin on Wednesdays is 1.74%. This means that the expected change of the value of Enjin Coin is between -2.06% and 1.41% on 68 out of 100 Wednesdays.

The increase in value of the Enjin Coin is 7.23% on an average Thursday. However, the uncertainty on the average change is high for the Enjin Coin on Thursdays. This is the reason why an expected increase of the Enjin Coin on an average Thursday cannot be predicted. The standard deviation for Enjin Coin on Thursdays is high, namely 14.30%. This means that the expected range of value change for the Enjin Coin is -7.08% and 21.53% on 68% of the Thursdays.

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 -0.02%. However, the standard deviation on this weekday is 3.95%. This means that on most Fridays, the change in value of the Enjin Coin is between -3.97% and 3.94%.

The increase in value of the Enjin Coin is 3.42% on an average Saturday. However, the uncertainty on the average change is high for the Enjin Coin on Saturdays. This is the reason why an expected increase of the Enjin Coin on an average Saturday cannot be predicted. The standard deviation for Enjin Coin on Saturdays is high, namely 10.80%. This means that the expected range of value change for the Enjin Coin is -7.38% and 14.23% on 68% of the Saturdays.

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 1.40% 2.38% -0.97% to 3.78%
Monday 0.33% 1.35% -1.01% to 1.68%
Tuesday -1.29% 1.84% -3.13% to 0.55%
Wednesday -0.33% 1.74% -2.06% to 1.41%
Thursday 7.23% 14.30% -7.08% to 21.53%
Friday -0.02% 3.95% -3.97% to 3.94%
Saturday 3.42% 10.80% -7.38% to 14.23%
 

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