Ardor (ARDR)

Current price: $ 0.05

24 hours price change: $ 0.000369 (0.78%)

Daily analysis of Ardor (ARDR) - 1 year

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 year, starting on July 2nd, 2019 to July 1st, 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 07/02/2019 and 07/01/2020.

According to the performance of Ardor between July 2nd, 2019 and July 1st, 2020, Ardor performed the best on Sundays. On average, the price of Ardor increased 0.42% on Sunday.

The weekday on which the Ardor performed the worst, is Monday. On Mondays, the Ardor declined in value on average by -0.59%.

Ardor weekday performance

On an average Sunday, the Ardor increased 0.42%. However, since the expected deviation is 2.71%, the Ardor will decline in value on a Sunday quiet regularly. The expected price change of the Ardor on a Sunday is between -2.29% and 3.13%.

Allthough the Ardor decreases in value with -0.59% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Ardor on Mondays is 2.65%. This means that the expected change of the value of Ardor is between -3.23% and 2.06% on 68 out of 100 Mondays.

Allthough the Ardor decreases in value with -0.56% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Ardor on Tuesdays is 2.75%. This means that the expected change of the value of Ardor is between -3.32% and 2.19% on 68 out of 100 Tuesdays.

Allthough the Ardor decreases in value with -0.31% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Ardor on Wednesdays is 2.48%. This means that the expected change of the value of Ardor is between -2.79% and 2.18% on 68 out of 100 Wednesdays.

Ardor increased in value on an average Thursday only slightly. The average increase in value of the Ardor was 0.25%. 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 (2.67%). This means that on 68 percent of the Thursdays, the change in price of the Ardor is expected to be in the range of -2.41% and 2.92%.

On an average Friday, the Ardor increased 0.31%. However, since the expected deviation is 2.01%, the Ardor will decline in value on a Friday quiet regularly. The expected price change of the Ardor on a Friday is between -1.70% and 2.32%.

Ardor increased in value on an average Saturday only slightly. The average increase in value of the Ardor was 0.18%. 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 (2.71%). This means that on 68 percent of the Saturdays, the change in price of the Ardor is expected to be in the range of -2.53% and 2.89%.

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 0.42% 2.71% -2.29% to 3.13%
Monday -0.59% 2.65% -3.23% to 2.06%
Tuesday -0.56% 2.75% -3.32% to 2.19%
Wednesday -0.31% 2.48% -2.79% to 2.18%
Thursday 0.25% 2.67% -2.41% to 2.92%
Friday 0.31% 2.01% -1.70% to 2.32%
Saturday 0.18% 2.71% -2.53% to 2.89%
 

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