Grin (GRIN)

Current price: $ 0.65

24 hours price change: $ -0.003403 (-0.52%)

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 April 18th, 2021 to May 18th, 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 04/18/2021 and 05/18/2021.

According to the performance of Grin between April 18th, 2021 and May 18th, 2021, Grin performed the best on Mondays. On average, the price of Grin increased 3.69% on Monday.

The weekday on which the Grin performed the worst, is Wednesday. On Wednesdays, the Grin declined in value on average by -2.79%.

Grin weekday performance

Allthough the Grin decreases in value with -0.39% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Grin on Sundays is 1.79%. This means that the expected change of the value of Grin is between -2.18% and 1.40% on 68 out of 100 Sundays.

The increase in value of the Grin is 3.69% on an average Monday. However, the uncertainty on the average change is high for the Grin on Mondays. This is the reason why an expected increase of the Grin on an average Monday cannot be predicted. The standard deviation for Grin on Mondays is high, namely 8.47%. This means that the expected range of value change for the Grin is -4.78% and 12.16% on 68% of the 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 0.93%. However, the uncertainty of this increase is high. The expected change in value of the Grin on a Tuesday is between -1.87% and 3.73% (see also the table below).

The Grin declines in value on an average Wednesday with -2.79%. However, the uncertainty (or standard deviation) is quite large, namely 4.23%. This means that it is not possible to say whether on a regular Wednesday the Grin will increase or decrease in value.

The Grin declines in value on an average Thursday with -1.49%. However, the uncertainty (or standard deviation) is quite large, namely 1.97%. This means that it is not possible to say whether on a regular Thursday the Grin will increase or decrease in value.

On an average Friday the Grin shows an increase in value of 1.51%. However, the change of Grin on most of the Fridays is between -0.64% and 3.66%. Therefore it is hard to tell whether an average Friday is a good day to start buying Grins.

On an average Saturday, the Grin increased 0.44%. However, since the expected deviation is 0.88%, the Grin will decline in value on a Saturday quiet regularly. The expected price change of the Grin on a Saturday is between -0.44% and 1.32%.

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 -0.39% 1.79% -2.18% to 1.40%
Monday 3.69% 8.47% -4.78% to 12.16%
Tuesday 0.93% 2.80% -1.87% to 3.73%
Wednesday -2.79% 4.23% -7.02% to 1.44%
Thursday -1.49% 1.97% -3.46% to 0.49%
Friday 1.51% 2.15% -0.64% to 3.66%
Saturday 0.44% 0.88% -0.44% to 1.32%
 

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