Grin (GRIN)

Current price: $ 0.51

24 hours price change: $ 0.02 (4.08%)

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 March 7th, 2020 to March 7th, 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 03/07/2020 and 03/07/2021.

According to the performance of Grin between March 7th, 2020 and March 7th, 2021, Grin performed the best on Saturdays. On average, the price of Grin increased 1.56% on Saturday.

The weekday on which the Grin performed the worst, is Sunday. On Sundays, the Grin declined in value on average by -1.12%.

Grin weekday performance

The Grin declines in value on an average Sunday with -1.12%. However, the uncertainty (or standard deviation) is quite large, namely 4.12%. This means that it is not possible to say whether on a regular Sunday the Grin will increase or decrease in value.

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 -0.10%. However, the standard deviation on this weekday is 3.60%. This means that on most Mondays, the change in value of the Grin is between -3.70% and 3.50%.

On an average Tuesday, the Grin increased 0.47%. However, since the expected deviation is 2.61%, the Grin will decline in value on a Tuesday quiet regularly. The expected price change of the Grin on a Tuesday is between -2.14% and 3.08%.

Allthough the Grin decreases in value with -0.41% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Grin on Wednesdays is 3.54%. This means that the expected change of the value of Grin is between -3.95% and 3.13% on 68 out of 100 Wednesdays.

Historical performance on Thursday 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 Thursday with 0.89%. However, the uncertainty of this increase is high. The expected change in value of the Grin on a Thursday is between -2.51% and 4.30% (see also the table below).

On an average Friday, the Grin increased 0.31%. However, since the expected deviation is 3.55%, the Grin will decline in value on a Friday quiet regularly. The expected price change of the Grin on a Friday is between -3.24% and 3.86%.

On an average Saturday the Grin shows an increase in value of 1.56%. However, the change of Grin on most of the Saturdays is between -5.14% and 8.27%. 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 -1.12% 4.12% -5.24% to 3.00%
Monday -0.10% 3.60% -3.70% to 3.50%
Tuesday 0.47% 2.61% -2.14% to 3.08%
Wednesday -0.41% 3.54% -3.95% to 3.13%
Thursday 0.89% 3.40% -2.51% to 4.30%
Friday 0.31% 3.55% -3.24% to 3.86%
Saturday 1.56% 6.71% -5.14% to 8.27%
 

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