OmiseGO (OMG)

Current price: $ 5.67

24 hours price change: $ 0.04 (0.73%)

Daily analysis of OmiseGO (OMG) - 6 months

The performance of OmiseGO regarding the price differs every day. To make the best decision to buy OmiseGO, we are analysis in this article the performance of OmiseGO on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 6 months, starting on July 20th, 2021 to January 20th, 2022.

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

Average daily change in price of OmiseGO per weekday between 07/20/2021 and 01/20/2022.

According to the performance of OmiseGO between July 20th, 2021 and January 20th, 2022, OmiseGO performed the best on Saturdays. On average, the price of OmiseGO increased 0.19% on Saturday.

The weekday on which the OmiseGO performed the worst, is Friday. On Fridays, the OmiseGO declined in value on average by -0.55%.

OmiseGO weekday performance

It is hard to tell whether the OmiseGO will increase or decrease in value on an average Sunday. The average change on a Sunday for the OmiseGO is -0.21%. However, the standard deviation on this weekday is 1.16%. This means that on most Sundays, the change in value of the OmiseGO is between -1.38% and 0.95%.

Allthough the OmiseGO decreases in value with -0.45% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of OmiseGO on Mondays is 1.86%. This means that the expected change of the value of OmiseGO is between -2.32% and 1.41% on 68 out of 100 Mondays.

Allthough the OmiseGO decreases in value with -0.34% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of OmiseGO on Tuesdays is 1.60%. This means that the expected change of the value of OmiseGO is between -1.94% and 1.26% on 68 out of 100 Tuesdays.

It is hard to tell whether the OmiseGO will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the OmiseGO is -0.09%. However, the standard deviation on this weekday is 0.89%. This means that on most Wednesdays, the change in value of the OmiseGO is between -0.98% and 0.80%.

It is hard to tell whether the OmiseGO will increase or decrease in value on an average Thursday. The average change on a Thursday for the OmiseGO is -0.07%. However, the standard deviation on this weekday is 2.67%. This means that on most Thursdays, the change in value of the OmiseGO is between -2.73% and 2.60%.

Allthough the OmiseGO decreases in value with -0.55% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of OmiseGO on Fridays is 5.31%. This means that the expected change of the value of OmiseGO is between -5.86% and 4.76% on 68 out of 100 Fridays.

OmiseGO increased in value on an average Saturday only slightly. The average increase in value of the OmiseGO was 0.19%. Allthough the OmiseGO closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (2.20%). This means that on 68 percent of the Saturdays, the change in price of the OmiseGO is expected to be in the range of -2.02% and 2.39%.

OmiseGO weekday performance details

Find below the details of the performance of OmiseGO 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 -0.21% 1.16% -1.38% to 0.95%
Monday -0.45% 1.86% -2.32% to 1.41%
Tuesday -0.34% 1.60% -1.94% to 1.26%
Wednesday -0.09% 0.89% -0.98% to 0.80%
Thursday -0.07% 2.67% -2.73% to 2.60%
Friday -0.55% 5.31% -5.86% to 4.76%
Saturday 0.19% 2.20% -2.02% to 2.39%
 

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