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 September 23rd, 2022 to March 23rd, 2023.
In the barchart below, the weekdays and average performance of Ardor are shown side by side.
According to the performance of Ardor between September 23rd, 2022 and March 23rd, 2023, Ardor performed the best on Thursdays. On average, the price of Ardor increased 0.81% on Thursday.
The weekday on which the Ardor performed the worst, is Sunday. On Sundays, the Ardor declined in value on average by -0.45%.
Ardor weekday performance
Allthough the Ardor decreases in value with -0.45% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Ardor on Sundays is 1.14%. This means that the expected change of the value of Ardor is between -1.59% and 0.69% on 68 out of 100 Sundays.
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 -0.21%. However, the standard deviation on this weekday is 1.04%. This means that on most Mondays, the change in value of the Ardor is between -1.24% and 0.83%.
It is hard to tell whether the Ardor will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Ardor is -0.10%. However, the standard deviation on this weekday is 1.04%. This means that on most Tuesdays, the change in value of the Ardor is between -1.14% and 0.94%.
Allthough the Ardor decreases in value with -0.41% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Ardor on Wednesdays is 0.99%. This means that the expected change of the value of Ardor is between -1.40% and 0.58% on 68 out of 100 Wednesdays.
Historical performance on Thursday 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 Thursday with 0.81%. However, the uncertainty of this increase is high. The expected change in value of the Ardor on a Thursday is between -1.50% and 3.12% (see also the table below).
It is hard to tell whether the Ardor will increase or decrease in value on an average Friday. The average change on a Friday for the Ardor is -0.10%. However, the standard deviation on this weekday is 0.98%. This means that on most Fridays, the change in value of the Ardor is between -1.09% and 0.88%.
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 -0.03%. However, the standard deviation on this weekday is 1.42%. This means that on most Saturdays, the change in value of the Ardor is between -1.45% and 1.38%.
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 | -0.45% | 1.14% | -1.59% to 0.69% |
Monday | -0.21% | 1.04% | -1.24% to 0.83% |
Tuesday | -0.10% | 1.04% | -1.14% to 0.94% |
Wednesday | -0.41% | 0.99% | -1.40% to 0.58% |
Thursday | 0.81% | 2.31% | -1.50% to 3.12% |
Friday | -0.10% | 0.98% | -1.09% to 0.88% |
Saturday | -0.03% | 1.42% | -1.45% to 1.38% |