Enjin Coin (ENJ)

Current price: $ 1.22

24 hours price change: $ -0.06 (-4.68%)

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 28th, 2021 to September 28th, 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 03/28/2021 and 09/28/2021.

According to the performance of Enjin Coin between March 28th, 2021 and September 28th, 2021, Enjin Coin performed the best on Wednesdays. On average, the price of Enjin Coin increased 3.31% on Wednesday.

The weekday on which the Enjin Coin performed the worst, is Friday. On Fridays, the Enjin Coin declined in value on average by -1.17%.

Enjin Coin weekday performance

On an average Sunday the Enjin Coin shows an increase in value of 1.39%. However, the change of Enjin Coin on most of the Sundays is between -1.85% and 4.62%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Enjin Coins.

Enjin Coin increased in value on an average Monday only slightly. The average increase in value of the Enjin Coin was 0.03%. 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 (1.52%). This means that on 68 percent of the Mondays, the change in price of the Enjin Coin is expected to be in the range of -1.49% and 1.55%.

Enjin Coin increased in value on an average Tuesday 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 (1.57%). 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 -1.47% and 1.66%.

The increase in value of the Enjin Coin is 3.31% on an average Wednesday. However, the uncertainty on the average change is high for the Enjin Coin on Wednesdays. This is the reason why an expected increase of the Enjin Coin on an average Wednesday cannot be predicted. The standard deviation for Enjin Coin on Wednesdays is high, namely 10.98%. This means that the expected range of value change for the Enjin Coin is -7.66% and 14.29% on 68% of the Wednesdays.

It is hard to tell whether the Enjin Coin will increase or decrease in value on an average Thursday. The average change on a Thursday for the Enjin Coin is -0.22%. However, the standard deviation on this weekday is 3.08%. This means that on most Thursdays, the change in value of the Enjin Coin is between -3.29% and 2.86%.

The Enjin Coin declines in value on an average Friday with -1.17%. However, the uncertainty (or standard deviation) is quite large, namely 4.49%. This means that it is not possible to say whether on a regular Friday the Enjin Coin will increase or decrease in value.

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 -0.08%. However, the standard deviation on this weekday is 1.12%. This means that on most Saturdays, the change in value of the Enjin Coin is between -1.20% and 1.03%.

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 1.39% 3.23% -1.85% to 4.62%
Monday 0.03% 1.52% -1.49% to 1.55%
Tuesday 0.09% 1.57% -1.47% to 1.66%
Wednesday 3.31% 10.98% -7.66% to 14.29%
Thursday -0.22% 3.08% -3.29% to 2.86%
Friday -1.17% 4.49% -5.66% to 3.33%
Saturday -0.08% 1.12% -1.20% to 1.03%
 

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