Enjin Coin (ENJ)

Current price: $ 0.07

24 hours price change: $ -0.000899 (-1.29%)

Daily analysis of Enjin Coin (ENJ) - 6 months

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 6 months, starting on March 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 03/22/2019 and 09/21/2019.

According to the performance of Enjin Coin between March 22nd, 2019 and September 21st, 2019, Enjin Coin performed the best on Fridays. On average, the price of Enjin Coin increased 1.54% on Friday.

The weekday on which the Enjin Coin performed the worst, is Thursday. On Thursdays, the Enjin Coin declined in value on average by -1.71%.

Enjin Coin weekday performance

On Sundays, the Enjin Coin decreases in value on average with -0.79%. On most of the Sundays the Enjin Coin decreases in value between -5.27% and 3.70%. The uncertainty (4.49%) is higher than the average decline percentage (-0.79%). Therefore, expected range of price changes of the Enjin Coin on Sundays is large.

It is hard to tell whether the Enjin Coin will increase or decrease in value on an average Monday. The average change on a Monday for the Enjin Coin is -0.10%. However, the standard deviation on this weekday is 4.15%. This means that on most Mondays, the change in value of the Enjin Coin is between -4.25% and 4.05%.

On Tuesdays, the Enjin Coin decreases in value on average with -0.68%. On most of the Tuesdays the Enjin Coin decreases in value between -7.20% and 5.83%. The uncertainty (6.52%) is higher than the average decline percentage (-0.68%). Therefore, expected range of price changes of the Enjin Coin on Tuesdays is large.

The Enjin Coin declines in value on an average Wednesday with -1.34%. However, the uncertainty (or standard deviation) is quite large, namely 5.19%. This means that it is not possible to say whether on a regular Wednesday the Enjin Coin will increase or decrease in value.

The Enjin Coin declines in value on an average Thursday with -1.71%. However, the uncertainty (or standard deviation) is quite large, namely 5.33%. This means that it is not possible to say whether on a regular Thursday the Enjin Coin will increase or decrease in value.

On an average Friday the Enjin Coin shows an increase in value of 1.54%. However, the change of Enjin Coin on most of the Fridays is between -4.38% and 7.45%. Therefore it is hard to tell whether an average Friday is a good day to start buying Enjin Coins.

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 0.69%. However, the uncertainty of this increase is high. The expected change in value of the Enjin Coin on a Saturday is between -3.64% and 5.03% (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 -0.79% 4.49% -5.27% to 3.70%
Monday -0.10% 4.15% -4.25% to 4.05%
Tuesday -0.68% 6.52% -7.20% to 5.83%
Wednesday -1.34% 5.19% -6.53% to 3.85%
Thursday -1.71% 5.33% -7.04% to 3.63%
Friday 1.54% 5.92% -4.38% to 7.45%
Saturday 0.69% 4.34% -3.64% to 5.03%