Ontology (ONT)

Current price: $ 1.88

24 hours price change: $ 0.01 (0.60%)

Daily analysis of Ontology (ONT) - 6 months

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 6 months, starting on November 18th, 2020 to May 18th, 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 11/18/2020 and 05/18/2021.

According to the performance of Ontology between November 18th, 2020 and May 18th, 2021, Ontology performed the best on Saturdays. On average, the price of Ontology increased 1.08% on Saturday.

The weekday on which the Ontology performed the worst, is Wednesday. On Wednesdays, the Ontology declined in value on average by -0.92%.

Ontology weekday performance

It is hard to tell whether the Ontology will increase or decrease in value on an average Sunday. The average change on a Sunday for the Ontology is -0.25%. However, the standard deviation on this weekday is 3.11%. This means that on most Sundays, the change in value of the Ontology is between -3.36% and 2.86%.

Ontology increased in value on an average Monday only slightly. The average increase in value of the Ontology was 0.26%. 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 (4.72%). This means that on 68 percent of the Mondays, the change in price of the Ontology is expected to be in the range of -4.46% and 4.98%.

On Tuesdays, the Ontology decreases in value on average with -0.74%. On most of the Tuesdays the Ontology decreases in value between -4.45% and 2.96%. The uncertainty (3.71%) is higher than the average decline percentage (-0.74%). Therefore, expected range of price changes of the Ontology on Tuesdays is large.

On Wednesdays, the Ontology decreases in value on average with -0.92%. On most of the Wednesdays the Ontology decreases in value between -4.50% and 2.67%. The uncertainty (3.58%) is higher than the average decline percentage (-0.92%). Therefore, expected range of price changes of the Ontology on Wednesdays is large.

On an average Thursday, the Ontology increased 0.40%. However, since the expected deviation is 2.04%, the Ontology will decline in value on a Thursday quiet regularly. The expected price change of the Ontology on a Thursday is between -1.64% and 2.45%.

On an average Friday the Ontology shows an increase in value of 1.02%. However, the change of Ontology on most of the Fridays is between -2.40% and 4.44%. Therefore it is hard to tell whether an average Friday is a good day to start buying Ontologys.

On an average Saturday the Ontology shows an increase in value of 1.08%. However, the change of Ontology on most of the Saturdays is between -2.78% and 4.93%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Ontologys.

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% 3.11% -3.36% to 2.86%
Monday 0.26% 4.72% -4.46% to 4.98%
Tuesday -0.74% 3.71% -4.45% to 2.96%
Wednesday -0.92% 3.58% -4.50% to 2.67%
Thursday 0.40% 2.04% -1.64% to 2.45%
Friday 1.02% 3.42% -2.40% to 4.44%
Saturday 1.08% 3.86% -2.78% to 4.93%
 

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