Grin (GRIN)

Current price: $ 0.37

24 hours price change: $ 0.003900 (1.06%)

Daily analysis of Grin (GRIN) - 1 month

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 1 month, starting on September 17th, 2021 to October 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 09/17/2021 and 10/17/2021.

According to the performance of Grin between September 17th, 2021 and October 17th, 2021, Grin performed the best on Mondays. On average, the price of Grin increased 0.50% on Monday.

The weekday on which the Grin performed the worst, is Thursday. On Thursdays, the Grin declined in value on average by -7.37%.

Grin weekday performance

Allthough the Grin decreases in value with -0.33% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Grin on Sundays is 0.22%. This means that the expected change of the value of Grin is between -0.56% and -0.11% on 68 out of 100 Sundays.

On an average Monday, the Grin increased 0.50%. However, since the expected deviation is 0.70%, the Grin will decline in value on a Monday quiet regularly. The expected price change of the Grin on a Monday is between -0.20% and 1.19%.

It is hard to tell whether the Grin will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Grin is -0.24%. However, the standard deviation on this weekday is 0.43%. This means that on most Tuesdays, the change in value of the Grin is between -0.66% and 0.19%.

It is hard to tell whether the Grin will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Grin is -0.30%. However, the standard deviation on this weekday is 1.01%. This means that on most Wednesdays, the change in value of the Grin is between -1.30% and 0.71%.

The decrease in value of the Grin is -7.37% on an average Thursday. The uncertainty of the average change is high for the Grin on Thursdays. This means that it is hard to tell whether the Grin will decrease or increase in value on an average Thursday. If we look at the 68% range of the Grin, we see that on 68% of the Thursdays, the expected change of the Grin is between -19.00% and 4.26%.

On an average Friday, the Grin increased 0.43%. However, since the expected deviation is 0.61%, the Grin will decline in value on a Friday quiet regularly. The expected price change of the Grin on a Friday is between -0.18% and 1.03%.

Allthough the Grin decreases in value with -0.56% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Grin on Saturdays is 3.02%. This means that the expected change of the value of Grin is between -3.58% and 2.46% on 68 out of 100 Saturdays.

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 -0.33% 0.22% -0.56% to -0.11%
Monday 0.50% 0.70% -0.20% to 1.19%
Tuesday -0.24% 0.43% -0.66% to 0.19%
Wednesday -0.30% 1.01% -1.30% to 0.71%
Thursday -7.37% 11.63% -19.00% to 4.26%
Friday 0.43% 0.61% -0.18% to 1.03%
Saturday -0.56% 3.02% -3.58% to 2.46%
 

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