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 December 10th, 2022.
In the barchart below, the weekdays and average performance of Grin are shown side by side.
According to the performance of Grin between January 29th, 2019 and December 10th, 2022, Grin performed the best on Saturdays. On average, the price of Grin increased 0.63% on Saturday.
The weekday on which the Grin performed the worst, is Monday. On Mondays, the Grin declined in value on average by -0.47%.
Grin weekday performance
It is hard to tell whether the Grin will increase or decrease in value on an average Sunday. The average change on a Sunday for the Grin is -0.26%. However, the standard deviation on this weekday is 5.00%. This means that on most Sundays, the change in value of the Grin is between -5.27% and 4.74%.
Allthough the Grin decreases in value with -0.47% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Grin on Mondays is 4.45%. This means that the expected change of the value of Grin is between -4.91% and 3.98% on 68 out of 100 Mondays.
Grin increased in value on an average Tuesday only slightly. The average increase in value of the Grin was 0.27%. Allthough the Grin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (4.87%). This means that on 68 percent of the Tuesdays, the change in price of the Grin is expected to be in the range of -4.60% and 5.14%.
Allthough the Grin decreases in value with -0.34% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Grin on Wednesdays is 5.09%. This means that the expected change of the value of Grin is between -5.43% and 4.75% on 68 out of 100 Wednesdays.
On an average Thursday, the Grin increased 0.47%. However, since the expected deviation is 7.07%, the Grin will decline in value on a Thursday quiet regularly. The expected price change of the Grin on a Thursday is between -6.60% and 7.53%.
Allthough the Grin decreases in value with -0.34% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Grin on Fridays is 5.92%. This means that the expected change of the value of Grin is between -6.26% and 5.58% on 68 out of 100 Fridays.
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 0.63%. However, the uncertainty of this increase is high. The expected change in value of the Grin on a Saturday is between -5.29% and 6.55% (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||-0.26%||5.00%||-5.27% to 4.74%|
|Monday||-0.47%||4.45%||-4.91% to 3.98%|
|Tuesday||0.27%||4.87%||-4.60% to 5.14%|
|Wednesday||-0.34%||5.09%||-5.43% to 4.75%|
|Thursday||0.47%||7.07%||-6.60% to 7.53%|
|Friday||-0.34%||5.92%||-6.26% to 5.58%|
|Saturday||0.63%||5.92%||-5.29% to 6.55%|