Grin (GRIN)

Current price: $ 0.35

24 hours price change: $ 0.35 (inf%)

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 January 17th, 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 01/17/2021.

According to the performance of Grin between January 29th, 2019 and January 17th, 2021, Grin performed the best on Fridays. On average, the price of Grin increased 0.51% on Friday.

The weekday on which the Grin performed the worst, is Wednesday. On Wednesdays, the Grin declined in value on average by -0.89%.

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 -0.12%. However, the standard deviation on this weekday is 5.02%. This means that on most Sundays, the change in value of the Grin is between -5.13% and 4.90%.

On Mondays, the Grin decreases in value on average with -0.78%. On most of the Mondays the Grin decreases in value between -4.06% and 2.49%. The uncertainty (3.27%) is higher than the average decline percentage (-0.78%). Therefore, expected range of price changes of the Grin on Mondays is large.

On an average Tuesday, the Grin increased 0.50%. However, since the expected deviation is 4.63%, the Grin will decline in value on a Tuesday quiet regularly. The expected price change of the Grin on a Tuesday is between -4.13% and 5.13%.

On Wednesdays, the Grin decreases in value on average with -0.89%. On most of the Wednesdays the Grin decreases in value between -4.77% and 2.99%. The uncertainty (3.88%) is higher than the average decline percentage (-0.89%). Therefore, expected range of price changes of the Grin on Wednesdays is large.

On an average Thursday, the Grin increased 0.45%. However, since the expected deviation is 3.89%, the Grin will decline in value on a Thursday quiet regularly. The expected price change of the Grin on a Thursday is between -3.45% and 4.34%.

On an average Friday, the Grin increased 0.51%. However, since the expected deviation is 5.22%, the Grin will decline in value on a Friday quiet regularly. The expected price change of the Grin on a Friday is between -4.71% and 5.73%.

Grin increased in value on an average Saturday only slightly. The average increase in value of the Grin was 0.21%. 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 (4.57%). This means that on 68 percent of the Saturdays, the change in price of the Grin is expected to be in the range of -4.36% and 4.77%.

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 -0.12% 5.02% -5.13% to 4.90%
Monday -0.78% 3.27% -4.06% to 2.49%
Tuesday 0.50% 4.63% -4.13% to 5.13%
Wednesday -0.89% 3.88% -4.77% to 2.99%
Thursday 0.45% 3.89% -3.45% to 4.34%
Friday 0.51% 5.22% -4.71% to 5.73%
Saturday 0.21% 4.57% -4.36% to 4.77%
 

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