ODEM (ODE)

Current price: $ 0.001995

24 hours price change: $ 0.000425 (27.07%)

Daily analysis of ODEM (ODE) - 1 year

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 1 year, starting on January 24th, 2021 to January 24th, 2022.

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 01/24/2021 and 01/24/2022.

According to the performance of ODEM between January 24th, 2021 and January 24th, 2022, ODEM performed the best on Fridays. On average, the price of ODEM increased 2.75% on Friday.

The weekday on which the ODEM performed the worst, is Tuesday. On Tuesdays, the ODEM declined in value on average by -0.49%.

ODEM weekday performance

On an average Sunday, the ODEM increased 0.53%. However, since the expected deviation is 4.34%, the ODEM will decline in value on a Sunday quiet regularly. The expected price change of the ODEM on a Sunday is between -3.81% and 4.87%.

It is hard to tell whether the ODEM will increase or decrease in value on an average Monday. The average change on a Monday for the ODEM is -0.21%. However, the standard deviation on this weekday is 4.14%. This means that on most Mondays, the change in value of the ODEM is between -4.34% and 3.93%.

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 3.82%. This means that the expected change of the value of ODEM is between -4.30% and 3.33% on 68 out of 100 Tuesdays.

ODEM increased in value on an average Wednesday only slightly. The average increase in value of the ODEM was 0.17%. Allthough the ODEM closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (3.80%). This means that on 68 percent of the Wednesdays, the change in price of the ODEM is expected to be in the range of -3.63% and 3.97%.

It is hard to tell whether the ODEM will increase or decrease in value on an average Thursday. The average change on a Thursday for the ODEM is -0.13%. However, the standard deviation on this weekday is 1.32%. This means that on most Thursdays, the change in value of the ODEM is between -1.45% and 1.19%.

On an average Friday the ODEM shows an increase in value of 2.75%. However, the change of ODEM on most of the Fridays is between -14.85% and 20.34%. Therefore it is hard to tell whether an average Friday is a good day to start buying ODEMs.

ODEM increased in value on an average Saturday only slightly. The average increase in value of the ODEM was 0.03%. Allthough the ODEM closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (6.56%). This means that on 68 percent of the Saturdays, the change in price of the ODEM is expected to be in the range of -6.53% and 6.59%.

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 0.53% 4.34% -3.81% to 4.87%
Monday -0.21% 4.14% -4.34% to 3.93%
Tuesday -0.49% 3.82% -4.30% to 3.33%
Wednesday 0.17% 3.80% -3.63% to 3.97%
Thursday -0.13% 1.32% -1.45% to 1.19%
Friday 2.75% 17.59% -14.85% to 20.34%
Saturday 0.03% 6.56% -6.53% to 6.59%
 

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