Enjin Coin (ENJ)

Current price: $ 0.07

24 hours price change: $ -0.000600 (-0.86%)

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 August 22nd, 2019 to September 21st, 2019.

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 08/22/2019 and 09/21/2019.

According to the performance of Enjin Coin between August 22nd, 2019 and September 21st, 2019, Enjin Coin performed the best on Mondays. On average, the price of Enjin Coin increased 1.91% on Monday.

The weekday on which the Enjin Coin performed the worst, is Sunday. On Sundays, the Enjin Coin declined in value on average by -0.04%.

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 -0.04%. However, the standard deviation on this weekday is 4.20%. This means that on most Sundays, the change in value of the Enjin Coin is between -4.24% and 4.16%.

On an average Monday the Enjin Coin shows an increase in value of 1.91%. However, the change of Enjin Coin on most of the Mondays is between -4.17% and 8.00%. Therefore it is hard to tell whether an average Monday is a good day to start buying Enjin Coins.

Enjin Coin increased in value on an average Tuesday 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 (3.76%). 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 -3.69% and 3.84%.

On an average Wednesday, the Enjin Coin increased 0.49%. However, since the expected deviation is 4.46%, the Enjin Coin will decline in value on a Wednesday quiet regularly. The expected price change of the Enjin Coin on a Wednesday is between -3.97% and 4.95%.

On an average Thursday, the Enjin Coin increased 0.54%. However, since the expected deviation is 6.08%, the Enjin Coin will decline in value on a Thursday quiet regularly. The expected price change of the Enjin Coin on a Thursday is between -5.54% and 6.62%.

Enjin Coin increased in value on an average Friday only slightly. The average increase in value of the Enjin Coin was 0.05%. 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 (2.12%). This means that on 68 percent of the Fridays, the change in price of the Enjin Coin is expected to be in the range of -2.07% and 2.18%.

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 0.95%. However, the uncertainty of this increase is high. The expected change in value of the Enjin Coin on a Saturday is between -1.28% and 3.17% (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 -0.04% 4.20% -4.24% to 4.16%
Monday 1.91% 6.08% -4.17% to 8.00%
Tuesday 0.08% 3.76% -3.69% to 3.84%
Wednesday 0.49% 4.46% -3.97% to 4.95%
Thursday 0.54% 6.08% -5.54% to 6.62%
Friday 0.05% 2.12% -2.07% to 2.18%
Saturday 0.95% 2.23% -1.28% to 3.17%