Orbs (ORBS)

Current price: $ 0.04

24 hours price change: $ -0.000279 (-0.62%)

Daily analysis of Orbs (ORBS) - 1 month

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 February 5th, 2024 to March 5th, 2024.

In the barchart below, the weekdays and average performance of Orbs are shown side by side.

Average daily change in price of Orbs per weekday between 02/05/2024 and 03/05/2024.

According to the performance of Orbs between February 5th, 2024 and March 5th, 2024, Orbs performed the best on Thursdays. On average, the price of Orbs increased 1.48% on Thursday.

The weekday on which the Orbs performed the worst, is Monday. On Mondays, the Orbs declined in value on average by -0.80%.

Orbs weekday performance

Allthough the Orbs decreases in value with -0.43% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Orbs on Sundays is 1.12%. This means that the expected change of the value of Orbs is between -1.55% and 0.69% on 68 out of 100 Sundays.

On Mondays, the Orbs decreases in value on average with -0.80%. On most of the Mondays the Orbs decreases in value between -1.58% and -0.03%. The uncertainty (0.78%) is higher than the average decline percentage (-0.80%). Therefore, expected range of price changes of the Orbs on Mondays is large.

On Tuesdays, the Orbs decreases in value on average with -0.61%. On most of the Tuesdays the Orbs decreases in value between -1.40% and 0.19%. The uncertainty (0.79%) is higher than the average decline percentage (-0.61%). Therefore, expected range of price changes of the Orbs on Tuesdays is large.

Allthough the Orbs decreases in value with -0.49% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Orbs on Wednesdays is 0.42%. This means that the expected change of the value of Orbs is between -0.91% and -0.06% on 68 out of 100 Wednesdays.

On an average Thursday the Orbs shows an increase in value of 1.48%. However, the change of Orbs on most of the Thursdays is between -0.36% and 3.33%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Orbss.

Historical performance on Friday do not show an increase in value of the Orbs on which a prediction can be made. The Orbs increased in value on average on an average Friday with 0.62%. However, the uncertainty of this increase is high. The expected change in value of the Orbs on a Friday is between -0.12% and 1.37% (see also the table below).

It is hard to tell whether the Orbs will increase or decrease in value on an average Saturday. The average change on a Saturday for the Orbs is -0.01%. However, the standard deviation on this weekday is 0.75%. This means that on most Saturdays, the change in value of the Orbs is between -0.76% and 0.73%.

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 -0.43% 1.12% -1.55% to 0.69%
Monday -0.80% 0.78% -1.58% to -0.03%
Tuesday -0.61% 0.79% -1.40% to 0.19%
Wednesday -0.49% 0.42% -0.91% to -0.06%
Thursday 1.48% 1.84% -0.36% to 3.33%
Friday 0.62% 0.75% -0.12% to 1.37%
Saturday -0.01% 0.75% -0.76% to 0.73%
 

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