Enjin Coin (ENJ)

Current price: $ 2.04

24 hours price change: $ -0.49 (-19.39%)

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 23rd, 2020 to April 22nd, 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 10/23/2020 and 04/22/2021.

According to the performance of Enjin Coin between October 23rd, 2020 and April 22nd, 2021, Enjin Coin performed the best on Thursdays. On average, the price of Enjin Coin increased 2.62% on Thursday.

The weekday on which the Enjin Coin performed the worst, is Wednesday. On Wednesdays, the Enjin Coin declined in value on average by -0.70%.

Enjin Coin weekday performance

Historical performance on Sunday 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 Sunday with 0.94%. However, the uncertainty of this increase is high. The expected change in value of the Enjin Coin on a Sunday is between -2.39% and 4.27% (see also the table below).

On an average Monday the Enjin Coin shows an increase in value of 1.60%. However, the change of Enjin Coin on most of the Mondays is between -7.74% and 10.93%. 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 0.16%. 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 (5.87%). 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 -5.71% and 6.03%.

On Wednesdays, the Enjin Coin decreases in value on average with -0.70%. On most of the Wednesdays the Enjin Coin decreases in value between -5.38% and 3.98%. The uncertainty (4.68%) is higher than the average decline percentage (-0.70%). Therefore, expected range of price changes of the Enjin Coin on Wednesdays is large.

On an average Thursday the Enjin Coin shows an increase in value of 2.62%. However, the change of Enjin Coin on most of the Thursdays is between -4.98% and 10.21%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Enjin Coins.

Historical performance on Friday 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 Friday with 0.84%. However, the uncertainty of this increase is high. The expected change in value of the Enjin Coin on a Friday is between -3.71% and 5.40% (see also the table below).

On an average Saturday, the Enjin Coin increased 0.31%. However, since the expected deviation is 5.45%, the Enjin Coin will decline in value on a Saturday quiet regularly. The expected price change of the Enjin Coin on a Saturday is between -5.14% and 5.76%.

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 0.94% 3.33% -2.39% to 4.27%
Monday 1.60% 9.34% -7.74% to 10.93%
Tuesday 0.16% 5.87% -5.71% to 6.03%
Wednesday -0.70% 4.68% -5.38% to 3.98%
Thursday 2.62% 7.59% -4.98% to 10.21%
Friday 0.84% 4.55% -3.71% to 5.40%
Saturday 0.31% 5.45% -5.14% to 5.76%
 

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