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 November 10th, 2023 to December 10th, 2023.
In the barchart below, the weekdays and average performance of Ardor are shown side by side.
According to the performance of Ardor between November 10th, 2023 and December 10th, 2023, Ardor performed the best on Fridays. On average, the price of Ardor increased 0.11% on Friday.
The weekday on which the Ardor performed the worst, is Sunday. On Sundays, the Ardor declined in value on average by -1.45%.
Ardor weekday performance
The Ardor declines in value on an average Sunday with -1.45%. However, the uncertainty (or standard deviation) is quite large, namely 2.08%. This means that it is not possible to say whether on a regular Sunday the Ardor will increase or decrease in value.
It is hard to tell whether the Ardor will increase or decrease in value on an average Monday. The average change on a Monday for the Ardor is -0.24%. However, the standard deviation on this weekday is 0.07%. This means that on most Mondays, the change in value of the Ardor is between -0.32% and -0.17%.
On Tuesdays, the Ardor decreases in value on average with -0.70%. On most of the Tuesdays the Ardor decreases in value between -1.91% and 0.52%. The uncertainty (1.21%) is higher than the average decline percentage (-0.70%). Therefore, expected range of price changes of the Ardor on Tuesdays is large.
On Wednesdays, the Ardor decreases in value on average with -0.65%. On most of the Wednesdays the Ardor decreases in value between -1.42% and 0.12%. The uncertainty (0.77%) is higher than the average decline percentage (-0.65%). Therefore, expected range of price changes of the Ardor on Wednesdays is large.
The Ardor declines in value on an average Thursday with -1.07%. However, the uncertainty (or standard deviation) is quite large, namely 1.12%. This means that it is not possible to say whether on a regular Thursday the Ardor will increase or decrease in value.
Ardor increased in value on an average Friday only slightly. The average increase in value of the Ardor was 0.11%. 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 (1.16%). This means that on 68 percent of the Fridays, the change in price of the Ardor is expected to be in the range of -1.05% and 1.27%.
It is hard to tell whether the Ardor will increase or decrease in value on an average Saturday. The average change on a Saturday for the Ardor is -0.21%. However, the standard deviation on this weekday is 1.89%. This means that on most Saturdays, the change in value of the Ardor is between -2.10% and 1.68%.
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 | -1.45% | 2.08% | -3.52% to 0.63% |
| Monday | -0.24% | 0.07% | -0.32% to -0.17% |
| Tuesday | -0.70% | 1.21% | -1.91% to 0.52% |
| Wednesday | -0.65% | 0.77% | -1.42% to 0.12% |
| Thursday | -1.07% | 1.12% | -2.19% to 0.05% |
| Friday | 0.11% | 1.16% | -1.05% to 1.27% |
| Saturday | -0.21% | 1.89% | -2.10% to 1.68% |