Grin (GRIN)

Current price: $ 0.55

24 hours price change: $ 0.02 (3.13%)

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 May 1st, 2020 to May 31st, 2020.

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 05/01/2020 and 05/31/2020.

According to the performance of Grin between May 1st, 2020 and May 31st, 2020, Grin performed the best on Fridays. On average, the price of Grin increased 0.72% on Friday.

The weekday on which the Grin performed the worst, is Saturday. On Saturdays, the Grin declined in value on average by -0.19%.

Grin weekday performance

Grin increased in value on an average Sunday only slightly. The average increase in value of the Grin was 0.18%. 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 (0.37%). This means that on 68 percent of the Sundays, the change in price of the Grin is expected to be in the range of -0.19% and 0.55%.

It is hard to tell whether the Grin will increase or decrease in value on an average Monday. The average change on a Monday for the Grin is -0.08%. However, the standard deviation on this weekday is 0.24%. This means that on most Mondays, the change in value of the Grin is between -0.32% and 0.17%.

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 -0.06%. However, the standard deviation on this weekday is 0.27%. This means that on most Tuesdays, the change in value of the Grin is between -0.33% and 0.21%.

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 -0.03%. However, the standard deviation on this weekday is 0.32%. This means that on most Wednesdays, the change in value of the Grin is between -0.34% and 0.29%.

Grin increased in value on an average Thursday only slightly. The average increase in value of the Grin was 0.10%. 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 (0.30%). This means that on 68 percent of the Thursdays, the change in price of the Grin is expected to be in the range of -0.20% and 0.40%.

Historical performance on Friday 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 Friday with 0.72%. However, the uncertainty of this increase is high. The expected change in value of the Grin on a Friday is between -0.94% and 2.39% (see also the table below).

It is hard to tell whether the Grin will increase or decrease in value on an average Saturday. The average change on a Saturday for the Grin is -0.19%. However, the standard deviation on this weekday is 0.16%. This means that on most Saturdays, the change in value of the Grin is between -0.35% and -0.03%.

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 0.18% 0.37% -0.19% to 0.55%
Monday -0.08% 0.24% -0.32% to 0.17%
Tuesday -0.06% 0.27% -0.33% to 0.21%
Wednesday -0.03% 0.32% -0.34% to 0.29%
Thursday 0.10% 0.30% -0.20% to 0.40%
Friday 0.72% 1.66% -0.94% to 2.39%
Saturday -0.19% 0.16% -0.35% to -0.03%
 

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