Ardor (ARDR)

Current price: $ 0.06

24 hours price change: $ 0.002699 (4.41%)

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 March 22nd, 2019 to September 21st, 2019.

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 03/22/2019 and 09/21/2019.

According to the performance of Ardor between March 22nd, 2019 and September 21st, 2019, Ardor performed the best on Thursdays. On average, the price of Ardor increased 2.60% on Thursday.

The weekday on which the Ardor performed the worst, is Wednesday. On Wednesdays, the Ardor declined in value on average by -2.43%.

Ardor weekday performance

Historical performance on Sunday 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 Sunday with 0.71%. However, the uncertainty of this increase is high. The expected change in value of the Ardor on a Sunday is between -4.07% and 5.49% (see also the table below).

Allthough the Ardor decreases in value with -0.33% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Ardor on Mondays is 5.18%. This means that the expected change of the value of Ardor is between -5.50% and 4.85% on 68 out of 100 Mondays.

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 -0.12%. However, the standard deviation on this weekday is 6.02%. This means that on most Tuesdays, the change in value of the Ardor is between -6.15% and 5.90%.

The Ardor declines in value on an average Wednesday with -2.43%. However, the uncertainty (or standard deviation) is quite large, namely 4.91%. This means that it is not possible to say whether on a regular Wednesday the Ardor will increase or decrease in value.

On an average Thursday the Ardor shows an increase in value of 2.60%. However, the change of Ardor on most of the Thursdays is between -6.68% and 11.88%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Ardors.

On an average Friday, the Ardor increased 0.32%. However, since the expected deviation is 3.02%, the Ardor will decline in value on a Friday quiet regularly. The expected price change of the Ardor on a Friday is between -2.70% and 3.34%.

Ardor increased in value on an average Saturday only slightly. The average increase in value of the Ardor was 0.04%. 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 (4.83%). This means that on 68 percent of the Saturdays, the change in price of the Ardor is expected to be in the range of -4.80% and 4.87%.

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 0.71% 4.78% -4.07% to 5.49%
Monday -0.33% 5.18% -5.50% to 4.85%
Tuesday -0.12% 6.02% -6.15% to 5.90%
Wednesday -2.43% 4.91% -7.34% to 2.48%
Thursday 2.60% 9.28% -6.68% to 11.88%
Friday 0.32% 3.02% -2.70% to 3.34%
Saturday 0.04% 4.83% -4.80% to 4.87%