Ontology (ONT)

Current price: $ 0.81

24 hours price change: $ 0.02 (2.15%)

Daily analysis of Ontology (ONT) - all

The performance of Ontology regarding the price differs every day. To make the best decision to buy Ontology, we are analysis in this article the performance of Ontology on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on March 15th, 2018 to August 12th, 2020.

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

Average daily change in price of Ontology per weekday between 03/15/2018 and 08/12/2020.

According to the performance of Ontology between March 15th, 2018 and August 12th, 2020, Ontology performed the best on Mondays. On average, the price of Ontology increased 1.32% on Monday.

The weekday on which the Ontology performed the worst, is Thursday. On Thursdays, the Ontology declined in value on average by -0.85%.

Ontology weekday performance

Ontology increased in value on an average Sunday only slightly. The average increase in value of the Ontology was 0.25%. Allthough the Ontology closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (7.25%). This means that on 68 percent of the Sundays, the change in price of the Ontology is expected to be in the range of -7.01% and 7.50%.

On an average Monday the Ontology shows an increase in value of 1.32%. However, the change of Ontology on most of the Mondays is between -8.17% and 10.80%. Therefore it is hard to tell whether an average Monday is a good day to start buying Ontologys.

It is hard to tell whether the Ontology will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Ontology is -0.10%. However, the standard deviation on this weekday is 5.42%. This means that on most Tuesdays, the change in value of the Ontology is between -5.51% and 5.32%.

Historical performance on Wednesday do not show an increase in value of the Ontology on which a prediction can be made. The Ontology increased in value on average on an average Wednesday with 0.65%. However, the uncertainty of this increase is high. The expected change in value of the Ontology on a Wednesday is between -9.10% and 10.39% (see also the table below).

On Thursdays, the Ontology decreases in value on average with -0.85%. On most of the Thursdays the Ontology decreases in value between -7.66% and 5.95%. The uncertainty (6.80%) is higher than the average decline percentage (-0.85%). Therefore, expected range of price changes of the Ontology on Thursdays is large.

Ontology increased in value on an average Friday only slightly. The average increase in value of the Ontology was 0.06%. Allthough the Ontology closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (5.67%). This means that on 68 percent of the Fridays, the change in price of the Ontology is expected to be in the range of -5.62% and 5.73%.

Historical performance on Saturday do not show an increase in value of the Ontology on which a prediction can be made. The Ontology increased in value on average on an average Saturday with 0.79%. However, the uncertainty of this increase is high. The expected change in value of the Ontology on a Saturday is between -5.41% and 6.99% (see also the table below).

Ontology weekday performance details

Find below the details of the performance of Ontology 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 0.25% 7.25% -7.01% to 7.50%
Monday 1.32% 9.49% -8.17% to 10.80%
Tuesday -0.10% 5.42% -5.51% to 5.32%
Wednesday 0.65% 9.74% -9.10% to 10.39%
Thursday -0.85% 6.80% -7.66% to 5.95%
Friday 0.06% 5.67% -5.62% to 5.73%
Saturday 0.79% 6.20% -5.41% to 6.99%
 

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