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 1 month, starting on December 20th, 2021 to January 20th, 2022.
In the barchart below, the weekdays and average performance of Ontology are shown side by side.
According to the performance of Ontology between December 20th, 2021 and January 20th, 2022, Ontology performed the best on Saturdays. On average, the price of Ontology increased 1.71% on Saturday.
The weekday on which the Ontology performed the worst, is Tuesday. On Tuesdays, the Ontology declined in value on average by -0.37%.
Ontology weekday performance
On an average Sunday, the Ontology increased 0.48%. However, since the expected deviation is 0.54%, the Ontology will decline in value on a Sunday quiet regularly. The expected price change of the Ontology on a Sunday is between -0.06% and 1.02%.
Ontology increased in value on an average Monday only slightly. The average increase in value of the Ontology was 0.02%. 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 (0.74%). This means that on 68 percent of the Mondays, the change in price of the Ontology is expected to be in the range of -0.72% and 0.76%.
Allthough the Ontology decreases in value with -0.37% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Ontology on Tuesdays is 0.62%. This means that the expected change of the value of Ontology is between -0.99% and 0.26% on 68 out of 100 Tuesdays.
Ontology increased in value on an average Wednesday only slightly. The average increase in value of the Ontology was 0.12%. 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 (0.59%). This means that on 68 percent of the Wednesdays, the change in price of the Ontology is expected to be in the range of -0.48% and 0.71%.
It is hard to tell whether the Ontology will increase or decrease in value on an average Thursday. The average change on a Thursday for the Ontology is -0.14%. However, the standard deviation on this weekday is 0.37%. This means that on most Thursdays, the change in value of the Ontology is between -0.51% and 0.23%.
It is hard to tell whether the Ontology will increase or decrease in value on an average Friday. The average change on a Friday for the Ontology is -0.08%. However, the standard deviation on this weekday is 1.12%. This means that on most Fridays, the change in value of the Ontology is between -1.20% and 1.04%.
On an average Saturday the Ontology shows a high increase in value, namely 1.71%. The standard deviation is below the average increase percentage (standard deviation is 0.34%), meaning that on 68% of the Saturdays the Ontology will increase with a percentage between 1.38% and 2.05%. This also means that, on average, on 16 percent of the Saturdays, the Ontology will increase with a percentage above this range. On the other 16% of the Saturdays, the Ontology will change with a percentage below the 1.38%.
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||0.48%||0.54%||-0.06% to 1.02%|
|Monday||0.02%||0.74%||-0.72% to 0.76%|
|Tuesday||-0.37%||0.62%||-0.99% to 0.26%|
|Wednesday||0.12%||0.59%||-0.48% to 0.71%|
|Thursday||-0.14%||0.37%||-0.51% to 0.23%|
|Friday||-0.08%||1.12%||-1.20% to 1.04%|
|Saturday||1.71%||0.34%||1.38% to 2.05%|