Grin (GRIN)

Current price: $ 1.24

24 hours price change: $ -0.04 (-3.32%)

Daily analysis of Grin (GRIN) - 6 months

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 6 months, starting on April 15th, 2019 to October 14th, 2019.

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 04/15/2019 and 10/14/2019.

According to the performance of Grin between April 15th, 2019 and October 14th, 2019, Grin performed the best on Sundays. On average, the price of Grin increased 2.49% on Sunday.

The weekday on which the Grin performed the worst, is Monday. On Mondays, the Grin declined in value on average by -2.59%.

Grin weekday performance

On an average Sunday the Grin shows an increase in value of 2.49%. However, the change of Grin on most of the Sundays is between -5.46% and 10.44%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Grins.

The Grin declines in value on an average Monday with -2.59%. However, the uncertainty (or standard deviation) is quite large, namely 4.95%. This means that it is not possible to say whether on a regular Monday the Grin will increase or decrease in value.

On an average Tuesday the Grin shows an increase in value of 1.56%. However, the change of Grin on most of the Tuesdays is between -6.24% and 9.35%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Grins.

The Grin declines in value on an average Wednesday with -1.85%. However, the uncertainty (or standard deviation) is quite large, namely 4.87%. This means that it is not possible to say whether on a regular Wednesday the Grin will increase or decrease in value.

Grin increased in value on an average Thursday only slightly. The average increase in value of the Grin was 0.27%. 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 (5.18%). This means that on 68 percent of the Thursdays, the change in price of the Grin is expected to be in the range of -4.91% and 5.45%.

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 0.81%. However, the uncertainty of this increase is high. The expected change in value of the Grin on a Friday is between -7.52% and 9.14% (see also the table below).

On Saturdays, the Grin decreases in value on average with -0.68%. On most of the Saturdays the Grin decreases in value between -6.53% and 5.16%. The uncertainty (5.85%) is higher than the average decline percentage (-0.68%). Therefore, expected range of price changes of the Grin on Saturdays is large.

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 2.49% 7.95% -5.46% to 10.44%
Monday -2.59% 4.95% -7.54% to 2.35%
Tuesday 1.56% 7.80% -6.24% to 9.35%
Wednesday -1.85% 4.87% -6.71% to 3.02%
Thursday 0.27% 5.18% -4.91% to 5.45%
Friday 0.81% 8.33% -7.52% to 9.14%
Saturday -0.68% 5.85% -6.53% to 5.16%