Grin (GRIN)

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Daily analysis of Grin (GRIN) - 1 year

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 year, starting on September 29th, 2021 to September 29th, 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 09/29/2021 and 09/29/2022.

According to the performance of Grin between September 29th, 2021 and September 29th, 2022, Grin performed the best on Saturdays. On average, the price of Grin increased 0.79% on Saturday.

The weekday on which the Grin performed the worst, is Thursday. On Thursdays, the Grin declined in value on average by -1.44%.

Grin weekday performance

On Sundays, the Grin decreases in value on average with -0.69%. On most of the Sundays the Grin decreases in value between -5.45% and 4.07%. The uncertainty (4.76%) is higher than the average decline percentage (-0.69%). Therefore, expected range of price changes of the Grin on Sundays is large.

Allthough the Grin decreases in value with -0.42% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Grin on Mondays is 5.33%. This means that the expected change of the value of Grin is between -5.76% and 4.91% on 68 out of 100 Mondays.

Allthough the Grin decreases in value with -0.42% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Grin on Tuesdays is 4.47%. This means that the expected change of the value of Grin is between -4.89% and 4.05% on 68 out of 100 Tuesdays.

Allthough the Grin decreases in value with -0.42% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Grin on Wednesdays is 2.07%. This means that the expected change of the value of Grin is between -2.50% and 1.65% on 68 out of 100 Wednesdays.

The Grin declines in value on an average Thursday with -1.44%. However, the uncertainty (or standard deviation) is quite large, namely 7.41%. This means that it is not possible to say whether on a regular Thursday the Grin will increase or decrease in value.

The Grin declines in value on an average Friday with -1.36%. However, the uncertainty (or standard deviation) is quite large, namely 5.06%. This means that it is not possible to say whether on a regular Friday the Grin will increase or decrease in value.

Historical performance on Saturday 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 Saturday with 0.79%. However, the uncertainty of this increase is high. The expected change in value of the Grin on a Saturday is between -6.42% and 7.99% (see also the table below).

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 -0.69% 4.76% -5.45% to 4.07%
Monday -0.42% 5.33% -5.76% to 4.91%
Tuesday -0.42% 4.47% -4.89% to 4.05%
Wednesday -0.42% 2.07% -2.50% to 1.65%
Thursday -1.44% 7.41% -8.85% to 5.97%
Friday -1.36% 5.06% -6.43% to 3.70%
Saturday 0.79% 7.20% -6.42% to 7.99%
 

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