Grin (GRIN)

Current price: $ 0.49

24 hours price change: $ 0.001500 (0.31%)

Daily analysis of Grin (GRIN) - all

The performance of Grin regarding the price differs every day. To make the best decision to buy Grin, we are analysis in this article the performance of Grin on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on January 29th, 2019 to June 13th, 2021.

In the barchart below, the weekdays and average performance of Grin are shown side by side.

Average daily change in price of Grin per weekday between 01/29/2019 and 06/13/2021.

According to the performance of Grin between January 29th, 2019 and June 13th, 2021, Grin performed the best on Thursdays. On average, the price of Grin increased 1.27% on Thursday.

The weekday on which the Grin performed the worst, is Wednesday. On Wednesdays, the Grin declined in value on average by -0.82%.

Grin weekday performance

Allthough the Grin decreases in value with -0.41% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Grin on Sundays is 5.24%. This means that the expected change of the value of Grin is between -5.64% and 4.83% on 68 out of 100 Sundays.

Allthough the Grin decreases in value with -0.53% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Grin on Mondays is 4.37%. This means that the expected change of the value of Grin is between -4.90% and 3.85% on 68 out of 100 Mondays.

Historical performance on Tuesday do not show an increase in value of the Grin on which a prediction can be made. The Grin increased in value on average on an average Tuesday with 0.74%. However, the uncertainty of this increase is high. The expected change in value of the Grin on a Tuesday is between -4.65% and 6.13% (see also the table below).

On Wednesdays, the Grin decreases in value on average with -0.82%. On most of the Wednesdays the Grin decreases in value between -5.26% and 3.62%. The uncertainty (4.44%) is higher than the average decline percentage (-0.82%). Therefore, expected range of price changes of the Grin on Wednesdays is large.

On an average Thursday the Grin shows an increase in value of 1.27%. However, the change of Grin on most of the Thursdays is between -6.08% and 8.61%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Grins.

On an average Friday, the Grin increased 0.32%. However, since the expected deviation is 6.39%, the Grin will decline in value on a Friday quiet regularly. The expected price change of the Grin on a Friday is between -6.08% and 6.71%.

Historical performance on Saturday do not show an increase in value of the Grin on which a prediction can be made. The Grin increased in value on average on an average Saturday with 0.62%. However, the uncertainty of this increase is high. The expected change in value of the Grin on a Saturday is between -5.19% and 6.43% (see also the table below).

Grin weekday performance details

Find below the details of the performance of Grin 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 -0.41% 5.24% -5.64% to 4.83%
Monday -0.53% 4.37% -4.90% to 3.85%
Tuesday 0.74% 5.39% -4.65% to 6.13%
Wednesday -0.82% 4.44% -5.26% to 3.62%
Thursday 1.27% 7.34% -6.08% to 8.61%
Friday 0.32% 6.39% -6.08% to 6.71%
Saturday 0.62% 5.81% -5.19% to 6.43%
 

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