Grin (GRIN)

Current price: $ 0.30

24 hours price change: $ 0.006600 (2.25%)

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 June 25th, 2021 to July 25th, 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 06/25/2021 and 07/25/2021.

According to the performance of Grin between June 25th, 2021 and July 25th, 2021, Grin performed the best on Wednesdays. On average, the price of Grin increased 8.62% on Wednesday.

The weekday on which the Grin performed the worst, is Friday. On Fridays, the Grin declined in value on average by -5.88%.

Grin weekday performance

The increase in value of the Grin is 4.35% on an average Sunday. However, the uncertainty on the average change is high for the Grin on Sundays. This is the reason why an expected increase of the Grin on an average Sunday cannot be predicted. The standard deviation for Grin on Sundays is high, namely 5.35%. This means that the expected range of value change for the Grin is -1.00% and 9.70% on 68% of the Sundays.

On an average Monday, the Grin increased 0.40%. However, since the expected deviation is 4.07%, the Grin will decline in value on a Monday quiet regularly. The expected price change of the Grin on a Monday is between -3.67% and 4.48%.

The Grin declines in value on an average Tuesday with -1.42%. However, the uncertainty (or standard deviation) is quite large, namely 1.54%. This means that it is not possible to say whether on a regular Tuesday the Grin will increase or decrease in value.

The increase in value of the Grin is 8.62% on an average Wednesday. However, the uncertainty on the average change is high for the Grin on Wednesdays. This is the reason why an expected increase of the Grin on an average Wednesday cannot be predicted. The standard deviation for Grin on Wednesdays is high, namely 14.74%. This means that the expected range of value change for the Grin is -6.12% and 23.35% on 68% of the Wednesdays.

Grin increased in value on an average Thursday 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 (1.23%). This means that on 68 percent of the Thursdays, the change in price of the Grin is expected to be in the range of -1.05% and 1.41%.

The decrease in value of the Grin is -5.88% on an average Friday. The uncertainty of the average change is high for the Grin on Fridays. This means that it is hard to tell whether the Grin will decrease or increase in value on an average Friday. If we look at the 68% range of the Grin, we see that on 68% of the Fridays, the expected change of the Grin is between -14.77% and 3.02%.

On an average Saturday the Grin shows an increase in value of 2.20%. However, the change of Grin on most of the Saturdays is between -2.19% and 6.58%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Grins.

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 4.35% 5.35% -1.00% to 9.70%
Monday 0.40% 4.07% -3.67% to 4.48%
Tuesday -1.42% 1.54% -2.97% to 0.12%
Wednesday 8.62% 14.74% -6.12% to 23.35%
Thursday 0.18% 1.23% -1.05% to 1.41%
Friday -5.88% 8.90% -14.77% to 3.02%
Saturday 2.20% 4.39% -2.19% to 6.58%
 

We use cookies on our website. Some of them are essential for the operation of the site, while others help us to improve this site and the user experience (tracking cookies). You can decide for yourself whether you want to allow cookies or not. Please note that if you reject them, you may not be able to use all the functionalities of the site.