ODEM (ODE)

Current price: $ 0.05

24 hours price change: $ -0.000701 (-1.41%)

Daily analysis of ODEM (ODE) - all

The performance of ODEM regarding the price differs every day. To make the best decision to buy ODEM, we are analysis in this article the performance of ODEM on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on May 8th, 2018 to July 1st, 2020.

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

Average daily change in price of ODEM per weekday between 05/08/2018 and 07/01/2020.

According to the performance of ODEM between May 8th, 2018 and July 1st, 2020, ODEM performed the best on Fridays. On average, the price of ODEM increased 2.66% on Friday.

The weekday on which the ODEM performed the worst, is Monday. On Mondays, the ODEM declined in value on average by -1.76%.

ODEM weekday performance

The ODEM declines in value on an average Sunday with -1.42%. However, the uncertainty (or standard deviation) is quite large, namely 8.18%. This means that it is not possible to say whether on a regular Sunday the ODEM will increase or decrease in value.

The ODEM declines in value on an average Monday with -1.76%. However, the uncertainty (or standard deviation) is quite large, namely 8.72%. This means that it is not possible to say whether on a regular Monday the ODEM will increase or decrease in value.

Allthough the ODEM decreases in value with -0.49% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of ODEM on Tuesdays is 10.03%. This means that the expected change of the value of ODEM is between -10.53% and 9.54% on 68 out of 100 Tuesdays.

Allthough the ODEM decreases in value with -0.35% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of ODEM on Wednesdays is 7.95%. This means that the expected change of the value of ODEM is between -8.30% and 7.59% on 68 out of 100 Wednesdays.

On Thursdays, the ODEM decreases in value on average with -0.64%. On most of the Thursdays the ODEM decreases in value between -10.51% and 9.23%. The uncertainty (9.87%) is higher than the average decline percentage (-0.64%). Therefore, expected range of price changes of the ODEM on Thursdays is large.

On an average Friday the ODEM shows an increase in value of 2.66%. However, the change of ODEM on most of the Fridays is between -12.46% and 17.78%. Therefore it is hard to tell whether an average Friday is a good day to start buying ODEMs.

On an average Saturday, the ODEM increased 0.57%. However, since the expected deviation is 8.19%, the ODEM will decline in value on a Saturday quiet regularly. The expected price change of the ODEM on a Saturday is between -7.62% and 8.76%.

ODEM weekday performance details

Find below the details of the performance of ODEM 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 -1.42% 8.18% -9.61% to 6.76%
Monday -1.76% 8.72% -10.47% to 6.96%
Tuesday -0.49% 10.03% -10.53% to 9.54%
Wednesday -0.35% 7.95% -8.30% to 7.59%
Thursday -0.64% 9.87% -10.51% to 9.23%
Friday 2.66% 15.12% -12.46% to 17.78%
Saturday 0.57% 8.19% -7.62% to 8.76%
 

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