Ardor (ARDR)

Current price: $ 0.32

24 hours price change: $ -0.07 (-17.85%)

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 March 20th, 2021 to April 20th, 2021.

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 03/20/2021 and 04/20/2021.

According to the performance of Ardor between March 20th, 2021 and April 20th, 2021, Ardor performed the best on Saturdays. On average, the price of Ardor increased 3.33% on Saturday.

The weekday on which the Ardor performed the worst, is Wednesday. On Wednesdays, the Ardor declined in value on average by -1.32%.

Ardor weekday performance

On an average Sunday the Ardor shows a high increase in value, namely 2.67%. The standard deviation is below the average increase percentage (standard deviation is 2.50%), meaning that on 68% of the Sundays the Ardor will increase with a percentage between 0.18% and 5.17%. This also means that, on average, on 16 percent of the Sundays, the Ardor will increase with a percentage above this range. On the other 16% of the Sundays, the Ardor will change with a percentage below the 0.18%.

Historical performance on Monday do not show an increase in value of the Ardor on which a prediction can be made. The Ardor increased in value on average on an average Monday with 0.83%. However, the uncertainty of this increase is high. The expected change in value of the Ardor on a Monday is between -6.23% and 7.89% (see also the table below).

The increase in value of the Ardor is 3.26% on an average Tuesday. However, the uncertainty on the average change is high for the Ardor on Tuesdays. This is the reason why an expected increase of the Ardor on an average Tuesday cannot be predicted. The standard deviation for Ardor on Tuesdays is high, namely 4.86%. This means that the expected range of value change for the Ardor is -1.60% and 8.11% on 68% of the Tuesdays.

The Ardor declines in value on an average Wednesday with -1.32%. However, the uncertainty (or standard deviation) is quite large, namely 1.63%. This means that it is not possible to say whether on a regular Wednesday the Ardor will increase or decrease in value.

Ardor increased in value on an average Thursday only slightly. The average increase in value of the Ardor was 0.22%. Allthough the Ardor closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (3.42%). This means that on 68 percent of the Thursdays, the change in price of the Ardor is expected to be in the range of -3.20% and 3.65%.

The increase in value of the Ardor is 3.07% on an average Friday. However, the uncertainty on the average change is high for the Ardor on Fridays. This is the reason why an expected increase of the Ardor on an average Friday cannot be predicted. The standard deviation for Ardor on Fridays is high, namely 3.34%. This means that the expected range of value change for the Ardor is -0.27% and 6.41% on 68% of the Fridays.

The increase in value of the Ardor is 3.33% on an average Saturday. However, the uncertainty on the average change is high for the Ardor on Saturdays. This is the reason why an expected increase of the Ardor on an average Saturday cannot be predicted. The standard deviation for Ardor on Saturdays is high, namely 3.95%. This means that the expected range of value change for the Ardor is -0.62% and 7.28% on 68% of the Saturdays.

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 2.67% 2.50% 0.18% to 5.17%
Monday 0.83% 7.06% -6.23% to 7.89%
Tuesday 3.26% 4.86% -1.60% to 8.11%
Wednesday -1.32% 1.63% -2.95% to 0.31%
Thursday 0.22% 3.42% -3.20% to 3.65%
Friday 3.07% 3.34% -0.27% to 6.41%
Saturday 3.33% 3.95% -0.62% to 7.28%
 

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