Grin (GRIN)

Current price: $ 0.12

24 hours price change: $ -0.01 (-7.86%)

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 26th, 2022 to May 26th, 2022.

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 04/26/2022 and 05/26/2022.

According to the performance of Grin between April 26th, 2022 and May 26th, 2022, Grin performed the best on Tuesdays. On average, the price of Grin increased 0.48% on Tuesday.

The weekday on which the Grin performed the worst, is Friday. On Fridays, the Grin declined in value on average by -1.37%.

Grin weekday performance

Grin increased in value on an average Sunday only slightly. The average increase in value of the Grin was 0.01%. 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 (0.05%). This means that on 68 percent of the Sundays, the change in price of the Grin is expected to be in the range of -0.04% and 0.06%.

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 -0.01%. However, the standard deviation on this weekday is 0.13%. This means that on most Mondays, the change in value of the Grin is between -0.13% and 0.12%.

On an average Tuesday, the Grin increased 0.48%. However, since the expected deviation is 0.57%, the Grin will decline in value on a Tuesday quiet regularly. The expected price change of the Grin on a Tuesday is between -0.09% and 1.05%.

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 -0.28%. However, the standard deviation on this weekday is 0.21%. This means that on most Wednesdays, the change in value of the Grin is between -0.48% and -0.07%.

Grin increased in value on an average Thursday only slightly. The average increase in value of the Grin was 0.05%. 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 (0.20%). This means that on 68 percent of the Thursdays, the change in price of the Grin is expected to be in the range of -0.15% and 0.26%.

The Grin declines in value on an average Friday with -1.37%. However, the uncertainty (or standard deviation) is quite large, namely 1.73%. This means that it is not possible to say whether on a regular Friday the Grin will increase or decrease in value.

The Grin declines in value on an average Saturday with -1.11%. However, the uncertainty (or standard deviation) is quite large, namely 1.05%. This means that it is not possible to say whether on a regular Saturday the Grin will increase or decrease in value.

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 0.01% 0.05% -0.04% to 0.06%
Monday -0.01% 0.13% -0.13% to 0.12%
Tuesday 0.48% 0.57% -0.09% to 1.05%
Wednesday -0.28% 0.21% -0.48% to -0.07%
Thursday 0.05% 0.20% -0.15% to 0.26%
Friday -1.37% 1.73% -3.10% to 0.36%
Saturday -1.11% 1.05% -2.16% to -0.06%
 

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