Grin (GRIN)

Current price: $ 0.32

24 hours price change: $ -0.005606 (-1.71%)

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 1st, 2020 to November 30th, 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 06/01/2020 and 11/30/2020.

According to the performance of Grin between June 1st, 2020 and November 30th, 2020, Grin performed the best on Saturdays. On average, the price of Grin increased 1.22% on Saturday.

The weekday on which the Grin performed the worst, is Monday. On Mondays, the Grin declined in value on average by -0.19%.

Grin weekday performance

It is hard to tell whether the Grin will increase or decrease in value on an average Sunday. The average change on a Sunday for the Grin is -0.03%. However, the standard deviation on this weekday is 1.21%. This means that on most Sundays, the change in value of the Grin is between -1.24% and 1.18%.

It is hard to tell whether the Grin will increase or decrease in value on an average Monday. The average change on a Monday for the Grin is -0.19%. However, the standard deviation on this weekday is 1.69%. This means that on most Mondays, the change in value of the Grin is between -1.88% and 1.51%.

On an average Tuesday, the Grin increased 0.51%. However, since the expected deviation is 2.02%, the Grin will decline in value on a Tuesday quiet regularly. The expected price change of the Grin on a Tuesday is between -1.51% and 2.53%.

Historical performance on Wednesday 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 Wednesday with 0.66%. However, the uncertainty of this increase is high. The expected change in value of the Grin on a Wednesday is between -1.97% and 3.30% (see also the table below).

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 -0.07%. However, the standard deviation on this weekday is 1.11%. This means that on most Thursdays, the change in value of the Grin is between -1.18% and 1.05%.

Grin increased in value on an average Friday only slightly. The average increase in value of the Grin was 0.11%. 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 (1.93%). This means that on 68 percent of the Fridays, the change in price of the Grin is expected to be in the range of -1.82% and 2.04%.

On an average Saturday the Grin shows an increase in value of 1.22%. However, the change of Grin on most of the Saturdays is between -3.59% and 6.04%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Grins.

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 -0.03% 1.21% -1.24% to 1.18%
Monday -0.19% 1.69% -1.88% to 1.51%
Tuesday 0.51% 2.02% -1.51% to 2.53%
Wednesday 0.66% 2.63% -1.97% to 3.30%
Thursday -0.07% 1.11% -1.18% to 1.05%
Friday 0.11% 1.93% -1.82% to 2.04%
Saturday 1.22% 4.82% -3.59% to 6.04%
 

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