Grin (GRIN)

Current price: $ 1.14

24 hours price change: $ 0.004816 (0.42%)

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 August 24th, 2019 to February 23rd, 2020.

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 08/24/2019 and 02/23/2020.

According to the performance of Grin between August 24th, 2019 and February 23rd, 2020, Grin performed the best on Sundays. On average, the price of Grin increased 0.66% on Sunday.

The weekday on which the Grin performed the worst, is Wednesday. On Wednesdays, the Grin declined in value on average by -0.51%.

Grin weekday performance

Historical performance on Sunday 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 Sunday with 0.66%. However, the uncertainty of this increase is high. The expected change in value of the Grin on a Sunday is between -2.32% and 3.63% (see also the table below).

Grin increased in value on an average Monday only slightly. The average increase in value of the Grin was 0.28%. 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 (2.07%). This means that on 68 percent of the Mondays, the change in price of the Grin is expected to be in the range of -1.79% and 2.35%.

Allthough the Grin decreases in value with -0.30% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Grin on Tuesdays is 3.51%. This means that the expected change of the value of Grin is between -3.81% and 3.21% on 68 out of 100 Tuesdays.

Allthough the Grin decreases in value with -0.51% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Grin on Wednesdays is 1.79%. This means that the expected change of the value of Grin is between -2.30% and 1.28% on 68 out of 100 Wednesdays.

Grin increased in value on an average Thursday only slightly. The average increase in value of the Grin was 0.12%. 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 (1.91%). This means that on 68 percent of the Thursdays, the change in price of the Grin is expected to be in the range of -1.79% and 2.03%.

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 -0.25%. However, the standard deviation on this weekday is 1.37%. This means that on most Fridays, the change in value of the Grin is between -1.62% and 1.11%.

It is hard to tell whether the Grin will increase or decrease in value on an average Saturday. The average change on a Saturday for the Grin is -0.04%. However, the standard deviation on this weekday is 1.94%. This means that on most Saturdays, the change in value of the Grin is between -1.98% and 1.89%.

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 0.66% 2.98% -2.32% to 3.63%
Monday 0.28% 2.07% -1.79% to 2.35%
Tuesday -0.30% 3.51% -3.81% to 3.21%
Wednesday -0.51% 1.79% -2.30% to 1.28%
Thursday 0.12% 1.91% -1.79% to 2.03%
Friday -0.25% 1.37% -1.62% to 1.11%
Saturday -0.04% 1.94% -1.98% to 1.89%
 

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