ODEM (ODE)

Current price: $ 0.02

24 hours price change: $ -0.001500 (-7.89%)

Daily analysis of ODEM (ODE) - 6 months

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 6 months, starting on September 1st, 2020 to March 1st, 2021.

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 09/01/2020 and 03/01/2021.

According to the performance of ODEM between September 1st, 2020 and March 1st, 2021, ODEM performed the best on Saturdays. On average, the price of ODEM increased 1.02% on Saturday.

The weekday on which the ODEM performed the worst, is Monday. On Mondays, the ODEM declined in value on average by -0.71%.

ODEM weekday performance

Historical performance on Sunday do not show an increase in value of the ODEM on which a prediction can be made. The ODEM increased in value on average on an average Sunday with 0.82%. However, the uncertainty of this increase is high. The expected change in value of the ODEM on a Sunday is between -3.83% and 5.46% (see also the table below).

On Mondays, the ODEM decreases in value on average with -0.71%. On most of the Mondays the ODEM decreases in value between -4.12% and 2.69%. The uncertainty (3.40%) is higher than the average decline percentage (-0.71%). Therefore, expected range of price changes of the ODEM on Mondays is large.

It is hard to tell whether the ODEM will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the ODEM is -0.22%. However, the standard deviation on this weekday is 1.41%. This means that on most Tuesdays, the change in value of the ODEM is between -1.63% and 1.19%.

Historical performance on Wednesday do not show an increase in value of the ODEM on which a prediction can be made. The ODEM increased in value on average on an average Wednesday with 0.85%. However, the uncertainty of this increase is high. The expected change in value of the ODEM on a Wednesday is between -3.14% and 4.85% (see also the table below).

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 -0.14%. However, the standard deviation on this weekday is 1.06%. This means that on most Thursdays, the change in value of the ODEM is between -1.19% and 0.92%.

On an average Friday, the ODEM increased 0.48%. However, since the expected deviation is 2.06%, the ODEM will decline in value on a Friday quiet regularly. The expected price change of the ODEM on a Friday is between -1.59% and 2.54%.

On an average Saturday the ODEM shows an increase in value of 1.02%. However, the change of ODEM on most of the Saturdays is between -1.72% and 3.77%. Therefore it is hard to tell whether an average Saturday is a good day to start buying ODEMs.

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 0.82% 4.64% -3.83% to 5.46%
Monday -0.71% 3.40% -4.12% to 2.69%
Tuesday -0.22% 1.41% -1.63% to 1.19%
Wednesday 0.85% 4.00% -3.14% to 4.85%
Thursday -0.14% 1.06% -1.19% to 0.92%
Friday 0.48% 2.06% -1.59% to 2.54%
Saturday 1.02% 2.74% -1.72% to 3.77%
 

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