Ardor (ARDR)

Current price: $ 0.29

24 hours price change: $ -0.04 (-12.29%)

Daily analysis of Ardor (ARDR) - 6 months

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 6 months, starting on April 27th, 2021 to October 27th, 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 04/27/2021 and 10/27/2021.

According to the performance of Ardor between April 27th, 2021 and October 27th, 2021, Ardor performed the best on Sundays. On average, the price of Ardor increased 1.50% on Sunday.

The weekday on which the Ardor performed the worst, is Friday. On Fridays, the Ardor declined in value on average by -0.37%.

Ardor weekday performance

On an average Sunday the Ardor shows an increase in value of 1.50%. However, the change of Ardor on most of the Sundays is between -4.10% and 7.10%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Ardors.

Ardor increased in value on an average Monday 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 (3.91%). This means that on 68 percent of the Mondays, the change in price of the Ardor is expected to be in the range of -3.68% and 4.13%.

On an average Tuesday the Ardor shows an increase in value of 1.13%. However, the change of Ardor on most of the Tuesdays is between -3.00% and 5.25%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Ardors.

On an average Wednesday, the Ardor increased 0.59%. However, since the expected deviation is 2.45%, the Ardor will decline in value on a Wednesday quiet regularly. The expected price change of the Ardor on a Wednesday is between -1.86% and 3.05%.

On an average Thursday the Ardor shows an increase in value of 1.09%. However, the change of Ardor on most of the Thursdays is between -2.86% and 5.05%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Ardors.

Allthough the Ardor decreases in value with -0.37% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Ardor on Fridays is 2.80%. This means that the expected change of the value of Ardor is between -3.17% and 2.44% on 68 out of 100 Fridays.

Ardor increased in value on an average Saturday only slightly. The average increase in value of the Ardor was 0.29%. 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 (4.06%). This means that on 68 percent of the Saturdays, the change in price of the Ardor is expected to be in the range of -3.77% and 4.36%.

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 1.50% 5.60% -4.10% to 7.10%
Monday 0.22% 3.91% -3.68% to 4.13%
Tuesday 1.13% 4.13% -3.00% to 5.25%
Wednesday 0.59% 2.45% -1.86% to 3.05%
Thursday 1.09% 3.96% -2.86% to 5.05%
Friday -0.37% 2.80% -3.17% to 2.44%
Saturday 0.29% 4.06% -3.77% to 4.36%
 

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