Ardor (ARDR)

Current price: $ 0.15

24 hours price change: $ -0.04 (-19.44%)

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 December 22nd, 2021 to January 22nd, 2022.

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 12/22/2021 and 01/22/2022.

According to the performance of Ardor between December 22nd, 2021 and January 22nd, 2022, Ardor performed the best on Mondays. On average, the price of Ardor increased 1.79% on Monday.

The weekday on which the Ardor performed the worst, is Tuesday. On Tuesdays, the Ardor declined in value on average by -2.43%.

Ardor weekday performance

On an average Sunday, the Ardor increased 0.57%. However, since the expected deviation is 1.59%, the Ardor will decline in value on a Sunday quiet regularly. The expected price change of the Ardor on a Sunday is between -1.02% and 2.17%.

On an average Monday the Ardor shows an increase in value of 1.79%. However, the change of Ardor on most of the Mondays is between -1.69% and 5.26%. Therefore it is hard to tell whether an average Monday is a good day to start buying Ardors.

The Ardor declines in value on an average Tuesday with -2.43%. However, the uncertainty (or standard deviation) is quite large, namely 1.68%. This means that it is not possible to say whether on a regular Tuesday the Ardor will increase or decrease in value.

Historical performance on Wednesday 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 Wednesday with 0.80%. However, the uncertainty of this increase is high. The expected change in value of the Ardor on a Wednesday is between -1.38% and 2.97% (see also the table below).

On an average Thursday the Ardor shows an increase in value of 1.21%. However, the change of Ardor on most of the Thursdays is between -1.06% and 3.48%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Ardors.

The Ardor declines in value on an average Friday with -1.05%. However, the uncertainty (or standard deviation) is quite large, namely 0.87%. This means that it is not possible to say whether on a regular Friday the Ardor will increase or decrease in value.

Ardor increased in value on an average Saturday only slightly. The average increase in value of the Ardor was 0.26%. 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 (0.98%). This means that on 68 percent of the Saturdays, the change in price of the Ardor is expected to be in the range of -0.72% and 1.25%.

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 0.57% 1.59% -1.02% to 2.17%
Monday 1.79% 3.48% -1.69% to 5.26%
Tuesday -2.43% 1.68% -4.10% to -0.75%
Wednesday 0.80% 2.18% -1.38% to 2.97%
Thursday 1.21% 2.27% -1.06% to 3.48%
Friday -1.05% 0.87% -1.92% to -0.17%
Saturday 0.26% 0.98% -0.72% to 1.25%
 

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