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 28th, 2021 to January 28th, 2022.
In the barchart below, the weekdays and average performance of Enjin Coin are shown side by side.
According to the performance of Enjin Coin between December 28th, 2021 and January 28th, 2022, Enjin Coin performed the best on Sundays. On average, the price of Enjin Coin increased 1.67% on Sunday.
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 a high increase in value, namely 1.67%. The standard deviation is below the average increase percentage (standard deviation is 1.23%), meaning that on 68% of the Sundays the Enjin Coin will increase with a percentage between 0.44% and 2.89%. This also means that, on average, on 16 percent of the Sundays, the Enjin Coin will increase with a percentage above this range. On the other 16% of the Sundays, the Enjin Coin will change with a percentage below the 0.44%.
Allthough the Enjin Coin decreases in value with -0.47% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Enjin Coin on Mondays is 0.98%. This means that the expected change of the value of Enjin Coin is between -1.45% and 0.51% on 68 out of 100 Mondays.
The Enjin Coin declines in value on an average Tuesday with -1.29%. However, the uncertainty (or standard deviation) is quite large, namely 1.11%. This means that it is not possible to say whether on a regular Tuesday the Enjin Coin will increase or decrease in value.
On an average Wednesday the Enjin Coin shows a high increase in value, namely 1.13%. The standard deviation is below the average increase percentage (standard deviation is 0.69%), meaning that on 68% of the Wednesdays the Enjin Coin will increase with a percentage between 0.43% and 1.82%. This also means that, on average, on 16 percent of the Wednesdays, the Enjin Coin will increase with a percentage above this range. On the other 16% of the Wednesdays, the Enjin Coin will change with a percentage below the 0.43%.
Enjin Coin increased in value on an average Thursday only slightly. The average increase in value of the Enjin Coin was 0.08%. 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 (0.89%). This means that on 68 percent of the Thursdays, the change in price of the Enjin Coin is expected to be in the range of -0.81% and 0.97%.
On Fridays, the Enjin Coin decreases in value on average with -0.83%. On most of the Fridays the Enjin Coin decreases in value between -2.65% and 1.00%. The uncertainty (1.82%) is higher than the average decline percentage (-0.83%). Therefore, expected range of price changes of the Enjin Coin on Fridays is large.
Historical performance on Saturday 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 Saturday with 0.79%. However, the uncertainty of this increase is high. The expected change in value of the Enjin Coin on a Saturday is between -0.52% and 2.10% (see also the table below).
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||1.67%||1.23%||0.44% to 2.89%|
|Monday||-0.47%||0.98%||-1.45% to 0.51%|
|Tuesday||-1.29%||1.11%||-2.40% to -0.19%|
|Wednesday||1.13%||0.69%||0.43% to 1.82%|
|Thursday||0.08%||0.89%||-0.81% to 0.97%|
|Friday||-0.83%||1.82%||-2.65% to 1.00%|
|Saturday||0.79%||1.31%||-0.52% to 2.10%|