Ardor (ARDR)

Current price: $ 0.20

24 hours price change: $ 0.007104 (3.62%)

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 February 6th, 2021 to March 6th, 2021.

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 02/06/2021 and 03/06/2021.

According to the performance of Ardor between February 6th, 2021 and March 6th, 2021, Ardor performed the best on Mondays. On average, the price of Ardor increased 11.29% on Monday.

The weekday on which the Ardor performed the worst, is Friday. On Fridays, the Ardor declined in value on average by -2.00%.

Ardor weekday performance

The Ardor declines in value on an average Sunday with -1.11%. However, the uncertainty (or standard deviation) is quite large, namely 5.50%. This means that it is not possible to say whether on a regular Sunday the Ardor will increase or decrease in value.

The increase in value of the Ardor is 11.29% on an average Monday. However, the uncertainty on the average change is high for the Ardor on Mondays. This is the reason why an expected increase of the Ardor on an average Monday cannot be predicted. The standard deviation for Ardor on Mondays is high, namely 14.78%. This means that the expected range of value change for the Ardor is -3.49% and 26.07% on 68% of the Mondays.

The Ardor declines in value on an average Tuesday with -1.10%. However, the uncertainty (or standard deviation) is quite large, namely 3.49%. This means that it is not possible to say whether on a regular Tuesday the Ardor will increase or decrease in value.

The Ardor declines in value on an average Wednesday with -1.76%. However, the uncertainty (or standard deviation) is quite large, namely 1.61%. This means that it is not possible to say whether on a regular Wednesday the Ardor will increase or decrease in value.

On Thursdays, the average increase of the value of the Ardor is very high. The average increase is 4.24%. The standard deviation of the Ardor on Thursdays is 2.60%. This means that on 68% of the Thursdays, the Ardor increases between 1.65% and 6.84%. The uncertainty is therefore not very high, since on most Thursdays, the value of the Ardor will increase.

The Ardor declines in value on an average Friday with -2.00%. However, the uncertainty (or standard deviation) is quite large, namely 1.87%. 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 0.30%. 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 (5.66%). This means that on 68 percent of the Saturdays, the change in price of the Ardor is expected to be in the range of -5.36% and 5.95%.

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 -1.11% 5.50% -6.61% to 4.39%
Monday 11.29% 14.78% -3.49% to 26.07%
Tuesday -1.10% 3.49% -4.59% to 2.38%
Wednesday -1.76% 1.61% -3.37% to -0.15%
Thursday 4.24% 2.60% 1.65% to 6.84%
Friday -2.00% 1.87% -3.87% to -0.13%
Saturday 0.30% 5.66% -5.36% to 5.95%
 

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