Ontology (ONT)

Current price: $ 0.97

24 hours price change: $ 0.06 (6.40%)

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 March 3rd, 2021.

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 03/03/2021.

According to the performance of Ontology between March 15th, 2018 and March 3rd, 2021, Ontology performed the best on Mondays. On average, the price of Ontology increased 0.95% on Monday.

The weekday on which the Ontology performed the worst, is Thursday. On Thursdays, the Ontology declined in value on average by -0.56%.

Ontology weekday performance

Ontology increased in value on an average Sunday only slightly. The average increase in value of the Ontology was 0.11%. 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 (6.61%). This means that on 68 percent of the Sundays, the change in price of the Ontology is expected to be in the range of -6.50% and 6.72%.

Historical performance on Monday 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 Monday with 0.95%. However, the uncertainty of this increase is high. The expected change in value of the Ontology on a Monday is between -7.68% and 9.58% (see also the table below).

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 -0.18%. However, the standard deviation on this weekday is 4.97%. This means that on most Tuesdays, the change in value of the Ontology is between -5.15% and 4.79%.

On an average Wednesday, the Ontology increased 0.45%. However, since the expected deviation is 8.87%, the Ontology will decline in value on a Wednesday quiet regularly. The expected price change of the Ontology on a Wednesday is between -8.43% and 9.32%.

Allthough the Ontology decreases in value with -0.56% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Ontology on Thursdays is 6.20%. This means that the expected change of the value of Ontology is between -6.76% and 5.64% on 68 out of 100 Thursdays.

Ontology increased in value on an average Friday only slightly. The average increase in value of the Ontology was 0.14%. 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 (5.18%). This means that on 68 percent of the Fridays, the change in price of the Ontology is expected to be in the range of -5.04% and 5.31%.

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 0.80%. However, the uncertainty of this increase is high. The expected change in value of the Ontology on a Saturday is between -4.99% and 6.59% (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 0.11% 6.61% -6.50% to 6.72%
Monday 0.95% 8.63% -7.68% to 9.58%
Tuesday -0.18% 4.97% -5.15% to 4.79%
Wednesday 0.45% 8.87% -8.43% to 9.32%
Thursday -0.56% 6.20% -6.76% to 5.64%
Friday 0.14% 5.18% -5.04% to 5.31%
Saturday 0.80% 5.79% -4.99% to 6.59%
 

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