Ontology (ONT)

Current price: $ 1.00

24 hours price change: $ 0.004010 (0.40%)

Daily analysis of Ontology (ONT) - 1 month

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 February 4th, 2021 to March 4th, 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 02/04/2021 and 03/04/2021.

According to the performance of Ontology between February 4th, 2021 and March 4th, 2021, Ontology performed the best on Saturdays. On average, the price of Ontology increased 5.60% on Saturday.

The weekday on which the Ontology performed the worst, is Sunday. On Sundays, the Ontology declined in value on average by -3.08%.

Ontology weekday performance

The decrease in value of the Ontology is -3.08% on an average Sunday. The uncertainty of the average change is high for the Ontology on Sundays. This means that it is hard to tell whether the Ontology will decrease or increase in value on an average Sunday. If we look at the 68% range of the Ontology, we see that on 68% of the Sundays, the expected change of the Ontology is between -5.95% and -0.22%.

The Ontology declines in value on an average Monday with -2.19%. However, the uncertainty (or standard deviation) is quite large, namely 3.30%. This means that it is not possible to say whether on a regular Monday the Ontology will increase or decrease in value.

On Tuesdays, the Ontology decreases in value on average with -0.79%. On most of the Tuesdays the Ontology decreases in value between -3.81% and 2.23%. The uncertainty (3.02%) is higher than the average decline percentage (-0.79%). Therefore, expected range of price changes of the Ontology on Tuesdays is large.

Allthough the Ontology decreases in value with -0.43% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Ontology on Wednesdays is 0.81%. This means that the expected change of the value of Ontology is between -1.24% and 0.39% on 68 out of 100 Wednesdays.

On an average Thursday the Ontology shows a high increase in value, namely 1.93%. The standard deviation is below the average increase percentage (standard deviation is 0.82%), meaning that on 68% of the Thursdays the Ontology will increase with a percentage between 1.11% and 2.75%. This also means that, on average, on 16 percent of the Thursdays, the Ontology will increase with a percentage above this range. On the other 16% of the Thursdays, the Ontology will change with a percentage below the 1.11%.

On an average Friday, the Ontology increased 0.54%. However, since the expected deviation is 3.79%, the Ontology will decline in value on a Friday quiet regularly. The expected price change of the Ontology on a Friday is between -3.25% and 4.33%.

The increase in value of the Ontology is 5.60% on an average Saturday. However, the uncertainty on the average change is high for the Ontology on Saturdays. This is the reason why an expected increase of the Ontology on an average Saturday cannot be predicted. The standard deviation for Ontology on Saturdays is high, namely 7.32%. This means that the expected range of value change for the Ontology is -1.72% and 12.92% on 68% of the Saturdays.

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 -3.08% 2.87% -5.95% to -0.22%
Monday -2.19% 3.30% -5.49% to 1.11%
Tuesday -0.79% 3.02% -3.81% to 2.23%
Wednesday -0.43% 0.81% -1.24% to 0.39%
Thursday 1.93% 0.82% 1.11% to 2.75%
Friday 0.54% 3.79% -3.25% to 4.33%
Saturday 5.60% 7.32% -1.72% to 12.92%
 

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