Grin (GRIN)

Current price: $ 0.04

24 hours price change: $ -0.000830 (-1.96%)

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 June 6th, 2022 to December 6th, 2022.

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 06/06/2022 and 12/06/2022.

According to the performance of Grin between June 6th, 2022 and December 6th, 2022, Grin performed the best on Mondays. On average, the price of Grin increased 0.39% on Monday.

The weekday on which the Grin performed the worst, is Sunday. On Sundays, the Grin declined in value on average by -1.42%.

Grin weekday performance

The Grin declines in value on an average Sunday with -1.42%. However, the uncertainty (or standard deviation) is quite large, namely 5.98%. 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 0.39%. However, since the expected deviation is 2.55%, the Grin will decline in value on a Monday quiet regularly. The expected price change of the Grin on a Monday is between -2.16% and 2.94%.

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 0.00%. However, the standard deviation on this weekday is 0.47%. This means that on most Tuesdays, the change in value of the Grin is between -0.47% and 0.47%.

On Wednesdays, the Grin decreases in value on average with -0.60%. On most of the Wednesdays the Grin decreases in value between -2.36% and 1.15%. The uncertainty (1.76%) is higher than the average decline percentage (-0.60%). Therefore, expected range of price changes of the Grin on Wednesdays is large.

It is hard to tell whether the Grin will increase or decrease in value on an average Thursday. The average change on a Thursday for the Grin is -0.14%. However, the standard deviation on this weekday is 0.54%. This means that on most Thursdays, the change in value of the Grin is between -0.68% and 0.40%.

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 -0.11%. However, the standard deviation on this weekday is 0.60%. This means that on most Fridays, the change in value of the Grin is between -0.71% and 0.49%.

Grin increased in value on an average Saturday 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 (0.36%). This means that on 68 percent of the Saturdays, the change in price of the Grin is expected to be in the range of -0.24% and 0.48%.

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 -1.42% 5.98% -7.40% to 4.55%
Monday 0.39% 2.55% -2.16% to 2.94%
Tuesday 0.00% 0.47% -0.47% to 0.47%
Wednesday -0.60% 1.76% -2.36% to 1.15%
Thursday -0.14% 0.54% -0.68% to 0.40%
Friday -0.11% 0.60% -0.71% to 0.49%
Saturday 0.12% 0.36% -0.24% to 0.48%
 

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