Grin (GRIN)

Current price: $ 0.03

24 hours price change: $ -0.000120 (-0.39%)

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 January 19th, 2024 to July 19th, 2024.

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 01/19/2024 and 07/19/2024.

The weekday on which the Grin performed the worst, is Monday. On Mondays, the Grin declined in value on average by -0.76%.

Grin weekday performance

Allthough the Grin decreases in value with -0.34% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Grin on Sundays is 1.43%. This means that the expected change of the value of Grin is between -1.77% and 1.08% on 68 out of 100 Sundays.

On Mondays, the Grin decreases in value on average with -0.76%. On most of the Mondays the Grin decreases in value between -2.54% and 1.02%. The uncertainty (1.78%) is higher than the average decline percentage (-0.76%). Therefore, expected range of price changes of the Grin on Mondays is large.

It is hard to tell whether the Grin will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Grin is -0.05%. However, the standard deviation on this weekday is 1.50%. This means that on most Tuesdays, the change in value of the Grin is between -1.55% and 1.45%.

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 2.33%. This means that the expected change of the value of Grin is between -2.74% and 1.92% on 68 out of 100 Wednesdays.

On Thursdays, the Grin decreases in value on average with -0.62%. On most of the Thursdays the Grin decreases in value between -2.49% and 1.25%. The uncertainty (1.87%) is higher than the average decline percentage (-0.62%). Therefore, expected range of price changes of the Grin on Thursdays is large.

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 -0.03%. However, the standard deviation on this weekday is 1.71%. This means that on most Fridays, the change in value of the Grin is between -1.74% and 1.69%.

Allthough the Grin decreases in value with -0.41% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Grin on Saturdays is 0.92%. This means that the expected change of the value of Grin is between -1.34% and 0.51% on 68 out of 100 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 -0.34% 1.43% -1.77% to 1.08%
Monday -0.76% 1.78% -2.54% to 1.02%
Tuesday -0.05% 1.50% -1.55% to 1.45%
Wednesday -0.41% 2.33% -2.74% to 1.92%
Thursday -0.62% 1.87% -2.49% to 1.25%
Friday -0.03% 1.71% -1.74% to 1.69%
Saturday -0.41% 0.92% -1.34% to 0.51%
 

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