The performance of Orbs regarding the price differs every day. To make the best decision to buy Orbs, we are analysis in this article the performance of Orbs on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on April 28th, 2023 to May 28th, 2023.
In the barchart below, the weekdays and average performance of Orbs are shown side by side.
According to the performance of Orbs between April 28th, 2023 and May 28th, 2023, Orbs performed the best on Sundays. On average, the price of Orbs increased 1.03% on Sunday.
The weekday on which the Orbs performed the worst, is Wednesday. On Wednesdays, the Orbs declined in value on average by -1.00%.
Orbs weekday performance
On an average Sunday the Orbs shows an increase in value of 1.03%. However, the change of Orbs on most of the Sundays is between -0.77% and 2.83%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Orbss.
On Mondays, the Orbs decreases in value on average with -0.77%. On most of the Mondays the Orbs decreases in value between -1.60% and 0.07%. The uncertainty (0.83%) is higher than the average decline percentage (-0.77%). Therefore, expected range of price changes of the Orbs on Mondays is large.
It is hard to tell whether the Orbs will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Orbs is -0.04%. However, the standard deviation on this weekday is 0.04%. This means that on most Tuesdays, the change in value of the Orbs is between -0.08% and 0.01%.
On Wednesdays, the Orbs decreases in value on average with -1.00%. On most of the Wednesdays the Orbs decreases in value between -5.17% and 3.17%. The uncertainty (4.17%) is higher than the average decline percentage (-1.00%). Therefore, expected range of price changes of the Orbs on Wednesdays is large.
On Thursdays, the Orbs decreases in value on average with -0.78%. On most of the Thursdays the Orbs decreases in value between -2.18% and 0.61%. The uncertainty (1.40%) is higher than the average decline percentage (-0.78%). Therefore, expected range of price changes of the Orbs on Thursdays is large.
Orbs increased in value on an average Friday only slightly. The average increase in value of the Orbs was 0.05%. Allthough the Orbs closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.65%). This means that on 68 percent of the Fridays, the change in price of the Orbs is expected to be in the range of -0.59% and 0.70%.
Allthough the Orbs decreases in value with -0.42% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Orbs on Saturdays is 0.80%. This means that the expected change of the value of Orbs is between -1.22% and 0.37% on 68 out of 100 Saturdays.
Orbs weekday performance details
Find below the details of the performance of Orbs 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||1.03%||1.80%||-0.77% to 2.83%|
|Monday||-0.77%||0.83%||-1.60% to 0.07%|
|Tuesday||-0.04%||0.04%||-0.08% to 0.01%|
|Wednesday||-1.00%||4.17%||-5.17% to 3.17%|
|Thursday||-0.78%||1.40%||-2.18% to 0.61%|
|Friday||0.05%||0.65%||-0.59% to 0.70%|
|Saturday||-0.42%||0.80%||-1.22% to 0.37%|