Ardor (ARDR)

Current price: $ 0.05

24 hours price change: $ 0.000553 (1.08%)

Daily analysis of Ardor (ARDR) - 1 month

The performance of Ardor regarding the price differs every day. To make the best decision to buy Ardor, we are analysis in this article the performance of Ardor on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on June 9th, 2020 to July 8th, 2020.

In the barchart below, the weekdays and average performance of Ardor are shown side by side.

Average daily change in price of Ardor per weekday between 06/09/2020 and 07/08/2020.

According to the performance of Ardor between June 9th, 2020 and July 8th, 2020, Ardor performed the best on Fridays. On average, the price of Ardor increased 1.42% on Friday.

The weekday on which the Ardor performed the worst, is Saturday. On Saturdays, the Ardor declined in value on average by -0.08%.

Ardor weekday performance

Ardor increased in value on an average Sunday only slightly. The average increase in value of the Ardor was 0.28%. Allthough the Ardor closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.68%). This means that on 68 percent of the Sundays, the change in price of the Ardor is expected to be in the range of -0.40% and 0.96%.

On an average Monday, the Ardor increased 0.47%. However, since the expected deviation is 0.50%, the Ardor will decline in value on a Monday quiet regularly. The expected price change of the Ardor on a Monday is between -0.03% and 0.97%.

It is hard to tell whether the Ardor will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Ardor is -0.02%. However, the standard deviation on this weekday is 0.09%. This means that on most Tuesdays, the change in value of the Ardor is between -0.11% and 0.07%.

It is hard to tell whether the Ardor will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Ardor is -0.06%. However, the standard deviation on this weekday is 0.15%. This means that on most Wednesdays, the change in value of the Ardor is between -0.21% and 0.08%.

Historical performance on Thursday do not show an increase in value of the Ardor on which a prediction can be made. The Ardor increased in value on average on an average Thursday with 0.80%. However, the uncertainty of this increase is high. The expected change in value of the Ardor on a Thursday is between -0.66% and 2.26% (see also the table below).

On an average Friday the Ardor shows an increase in value of 1.42%. However, the change of Ardor on most of the Fridays is between -1.15% and 3.99%. Therefore it is hard to tell whether an average Friday is a good day to start buying Ardors.

It is hard to tell whether the Ardor will increase or decrease in value on an average Saturday. The average change on a Saturday for the Ardor is -0.08%. However, the standard deviation on this weekday is 0.14%. This means that on most Saturdays, the change in value of the Ardor is between -0.22% and 0.07%.

Ardor weekday performance details

Find below the details of the performance of Ardor 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 0.28% 0.68% -0.40% to 0.96%
Monday 0.47% 0.50% -0.03% to 0.97%
Tuesday -0.02% 0.09% -0.11% to 0.07%
Wednesday -0.06% 0.15% -0.21% to 0.08%
Thursday 0.80% 1.46% -0.66% to 2.26%
Friday 1.42% 2.57% -1.15% to 3.99%
Saturday -0.08% 0.14% -0.22% to 0.07%
 

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