Ardor (ARDR)

Current price: $ 0.06

24 hours price change: $ 0.003754 (6.19%)

Daily analysis of Ardor (ARDR) - 1 month

The performance of Ardor regarding the price differs every day. To make the best decision to buy Ardor, we are analysis in this article the performance of Ardor on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on May 19th, 2024 to June 19th, 2024.

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

Average daily change in price of Ardor per weekday between 05/19/2024 and 06/19/2024.

According to the performance of Ardor between May 19th, 2024 and June 19th, 2024, Ardor performed the best on Mondays. On average, the price of Ardor increased 1.94% on Monday.

The weekday on which the Ardor performed the worst, is Sunday. On Sundays, the Ardor declined in value on average by -0.95%.

Ardor weekday performance

On Sundays, the Ardor decreases in value on average with -0.95%. On most of the Sundays the Ardor decreases in value between -2.60% and 0.70%. The uncertainty (1.65%) is higher than the average decline percentage (-0.95%). Therefore, expected range of price changes of the Ardor on Sundays is large.

On an average Monday the Ardor shows an increase in value of 1.94%. However, the change of Ardor on most of the Mondays is between -0.47% and 4.35%. Therefore it is hard to tell whether an average Monday is a good day to start buying Ardors.

Allthough the Ardor decreases in value with -0.59% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Ardor on Tuesdays is 0.89%. This means that the expected change of the value of Ardor is between -1.48% and 0.30% on 68 out of 100 Tuesdays.

On Wednesdays, the Ardor decreases in value on average with -0.64%. On most of the Wednesdays the Ardor decreases in value between -1.43% and 0.16%. The uncertainty (0.79%) is higher than the average decline percentage (-0.64%). Therefore, expected range of price changes of the Ardor on Wednesdays is large.

On Thursdays, the Ardor decreases in value on average with -0.81%. On most of the Thursdays the Ardor decreases in value between -1.81% and 0.20%. The uncertainty (1.00%) is higher than the average decline percentage (-0.81%). Therefore, expected range of price changes of the Ardor on Thursdays is large.

Allthough the Ardor decreases in value with -0.41% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Ardor on Fridays is 0.52%. This means that the expected change of the value of Ardor is between -0.93% and 0.12% on 68 out of 100 Fridays.

On an average Saturday, the Ardor increased 0.30%. However, since the expected deviation is 0.45%, the Ardor will decline in value on a Saturday quiet regularly. The expected price change of the Ardor on a Saturday is between -0.15% and 0.76%.

Ardor weekday performance details

Find below the details of the performance of Ardor 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 -0.95% 1.65% -2.60% to 0.70%
Monday 1.94% 2.41% -0.47% to 4.35%
Tuesday -0.59% 0.89% -1.48% to 0.30%
Wednesday -0.64% 0.79% -1.43% to 0.16%
Thursday -0.81% 1.00% -1.81% to 0.20%
Friday -0.41% 0.52% -0.93% to 0.12%
Saturday 0.30% 0.45% -0.15% to 0.76%
 

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