Enjin Coin (ENJ)

Current price: $ 0.33

24 hours price change: $ 0.02 (5.46%)

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 October 18th, 2023 to April 18th, 2024.

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 10/18/2023 and 04/18/2024.

According to the performance of Enjin Coin between October 18th, 2023 and April 18th, 2024, Enjin Coin performed the best on Sundays. On average, the price of Enjin Coin increased 0.25% on Sunday.

The weekday on which the Enjin Coin performed the worst, is Wednesday. On Wednesdays, the Enjin Coin declined in value on average by -0.68%.

Enjin Coin weekday performance

Enjin Coin increased in value on an average Sunday only slightly. The average increase in value of the Enjin Coin was 0.25%. 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 (1.01%). This means that on 68 percent of the Sundays, the change in price of the Enjin Coin is expected to be in the range of -0.76% and 1.25%.

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 -0.15%. However, the standard deviation on this weekday is 1.69%. This means that on most Mondays, the change in value of the Enjin Coin is between -1.84% and 1.54%.

It is hard to tell whether the Enjin Coin will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Enjin Coin is -0.06%. However, the standard deviation on this weekday is 1.39%. This means that on most Tuesdays, the change in value of the Enjin Coin is between -1.44% and 1.33%.

On Wednesdays, the Enjin Coin decreases in value on average with -0.68%. On most of the Wednesdays the Enjin Coin decreases in value between -2.47% and 1.12%. The uncertainty (1.79%) is higher than the average decline percentage (-0.68%). Therefore, expected range of price changes of the Enjin Coin on Wednesdays is large.

Enjin Coin increased in value on an average Thursday only slightly. The average increase in value of the Enjin Coin was 0.14%. 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 (1.32%). 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 -1.17% and 1.46%.

Enjin Coin increased in value on an average Friday only slightly. The average increase in value of the Enjin Coin was 0.09%. 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 (1.20%). 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 -1.12% and 1.29%.

It is hard to tell whether the Enjin Coin will increase or decrease in value on an average Saturday. The average change on a Saturday for the Enjin Coin is -0.13%. However, the standard deviation on this weekday is 1.05%. This means that on most Saturdays, the change in value of the Enjin Coin is between -1.18% and 0.91%.

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 0.25% 1.01% -0.76% to 1.25%
Monday -0.15% 1.69% -1.84% to 1.54%
Tuesday -0.06% 1.39% -1.44% to 1.33%
Wednesday -0.68% 1.79% -2.47% to 1.12%
Thursday 0.14% 1.32% -1.17% to 1.46%
Friday 0.09% 1.20% -1.12% to 1.29%
Saturday -0.13% 1.05% -1.18% to 0.91%
 

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