Grin (GRIN)

Current price: $ 0.66

24 hours price change: $ 0.04 (6.01%)

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 November 18th, 2020 to May 18th, 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 11/18/2020 and 05/18/2021.

According to the performance of Grin between November 18th, 2020 and May 18th, 2021, Grin performed the best on Thursdays. On average, the price of Grin increased 3.61% on Thursday.

The weekday on which the Grin performed the worst, is Sunday. On Sundays, the Grin declined in value on average by -2.34%.

Grin weekday performance

The Grin declines in value on an average Sunday with -2.34%. However, the uncertainty (or standard deviation) is quite large, namely 5.75%. This means that it is not possible to say whether on a regular Sunday the Grin will increase or decrease in value.

On an average Monday, the Grin increased 0.47%. However, since the expected deviation is 6.40%, the Grin will decline in value on a Monday quiet regularly. The expected price change of the Grin on a Monday is between -5.92% and 6.87%.

On an average Tuesday the Grin shows an increase in value of 2.06%. However, the change of Grin on most of the Tuesdays is between -5.27% and 9.40%. 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 -1.25%. However, the uncertainty (or standard deviation) is quite large, namely 5.59%. This means that it is not possible to say whether on a regular Wednesday the Grin will increase or decrease in value.

The increase in value of the Grin is 3.61% on an average Thursday. However, the uncertainty on the average change is high for the Grin on Thursdays. This is the reason why an expected increase of the Grin on an average Thursday cannot be predicted. The standard deviation for Grin on Thursdays is high, namely 13.20%. This means that the expected range of value change for the Grin is -9.59% and 16.82% on 68% of the Thursdays.

It is hard to tell whether the Grin will increase or decrease in value on an average Friday. The average change on a Friday for the Grin is -0.14%. However, the standard deviation on this weekday is 7.96%. This means that on most Fridays, the change in value of the Grin is between -8.10% and 7.81%.

The increase in value of the Grin is 3.07% on an average Saturday. However, the uncertainty on the average change is high for the Grin on Saturdays. This is the reason why an expected increase of the Grin on an average Saturday cannot be predicted. The standard deviation for Grin on Saturdays is high, namely 9.50%. This means that the expected range of value change for the Grin is -6.43% and 12.56% on 68% of the Saturdays.

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 -2.34% 5.75% -8.09% to 3.40%
Monday 0.47% 6.40% -5.92% to 6.87%
Tuesday 2.06% 7.33% -5.27% to 9.40%
Wednesday -1.25% 5.59% -6.84% to 4.33%
Thursday 3.61% 13.20% -9.59% to 16.82%
Friday -0.14% 7.96% -8.10% to 7.81%
Saturday 3.07% 9.50% -6.43% to 12.56%
 

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