Grin (GRIN)

Current price: $ 0.07

24 hours price change: $ -0.000947 (-1.33%)

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 September 1st, 2023 to March 1st, 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 09/01/2023 and 03/01/2024.

According to the performance of Grin between September 1st, 2023 and March 1st, 2024, Grin performed the best on Saturdays. On average, the price of Grin increased 2.46% on Saturday.

The weekday on which the Grin performed the worst, is Tuesday. On Tuesdays, the Grin declined in value on average by -0.56%.

Grin weekday performance

Grin increased in value on an average Sunday only slightly. The average increase in value of the Grin was 0.04%. 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 (2.82%). This means that on 68 percent of the Sundays, the change in price of the Grin is expected to be in the range of -2.78% and 2.86%.

Grin increased in value on an average Monday only slightly. The average increase in value of the Grin was 0.10%. 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 (1.53%). This means that on 68 percent of the Mondays, the change in price of the Grin is expected to be in the range of -1.43% and 1.63%.

Allthough the Grin decreases in value with -0.56% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Grin on Tuesdays is 1.85%. This means that the expected change of the value of Grin is between -2.41% and 1.29% on 68 out of 100 Tuesdays.

Grin increased in value on an average Wednesday only slightly. The average increase in value of the Grin was 0.24%. 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 (1.85%). This means that on 68 percent of the Wednesdays, the change in price of the Grin is expected to be in the range of -1.62% and 2.09%.

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 -0.29%. However, the standard deviation on this weekday is 1.45%. This means that on most Thursdays, the change in value of the Grin is between -1.75% and 1.16%.

Allthough the Grin decreases in value with -0.54% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Grin on Fridays is 1.62%. This means that the expected change of the value of Grin is between -2.16% and 1.08% on 68 out of 100 Fridays.

On an average Saturday the Grin shows an increase in value of 2.46%. However, the change of Grin on most of the Saturdays is between -7.84% and 12.76%. 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 0.04% 2.82% -2.78% to 2.86%
Monday 0.10% 1.53% -1.43% to 1.63%
Tuesday -0.56% 1.85% -2.41% to 1.29%
Wednesday 0.24% 1.85% -1.62% to 2.09%
Thursday -0.29% 1.45% -1.75% to 1.16%
Friday -0.54% 1.62% -2.16% to 1.08%
Saturday 2.46% 10.30% -7.84% to 12.76%
 

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