ODEM (ODE)

Current price: $ 0.05

24 hours price change: - (-)

Daily analysis of ODEM (ODE) - 1 month

The performance of ODEM regarding the price differs every day. To make the best decision to buy ODEM, we are analysis in this article the performance of ODEM on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on May 3rd, 2020 to June 2nd, 2020.

In the barchart below, the weekdays and average performance of ODEM are shown side by side.

Average daily change in price of ODEM per weekday between 05/03/2020 and 06/02/2020.

According to the performance of ODEM between May 3rd, 2020 and June 2nd, 2020, ODEM performed the best on Tuesdays. On average, the price of ODEM increased 2.33% on Tuesday.

The weekday on which the ODEM performed the worst, is Monday. On Mondays, the ODEM declined in value on average by -3.49%.

ODEM weekday performance

It is hard to tell whether the ODEM will increase or decrease in value on an average Sunday. The average change on a Sunday for the ODEM is -0.12%. However, the standard deviation on this weekday is 0.16%. This means that on most Sundays, the change in value of the ODEM is between -0.29% and 0.04%.

The decrease in value of the ODEM is -3.49% on an average Monday. The uncertainty of the average change is high for the ODEM on Mondays. This means that it is hard to tell whether the ODEM will decrease or increase in value on an average Monday. If we look at the 68% range of the ODEM, we see that on 68% of the Mondays, the expected change of the ODEM is between -10.50% and 3.52%.

On an average Tuesday the ODEM shows an increase in value of 2.33%. However, the change of ODEM on most of the Tuesdays is between -1.91% and 6.58%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying ODEMs.

On an average Wednesday the ODEM shows an increase in value of 1.77%. However, the change of ODEM on most of the Wednesdays is between -1.30% and 4.84%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying ODEMs.

Historical performance on Thursday do not show an increase in value of the ODEM on which a prediction can be made. The ODEM increased in value on average on an average Thursday with 0.91%. However, the uncertainty of this increase is high. The expected change in value of the ODEM on a Thursday is between -0.67% and 2.50% (see also the table below).

It is hard to tell whether the ODEM will increase or decrease in value on an average Friday. The average change on a Friday for the ODEM is -0.19%. However, the standard deviation on this weekday is 0.66%. This means that on most Fridays, the change in value of the ODEM is between -0.86% and 0.47%.

It is hard to tell whether the ODEM will increase or decrease in value on an average Saturday. The average change on a Saturday for the ODEM is -0.04%. However, the standard deviation on this weekday is 0.07%. This means that on most Saturdays, the change in value of the ODEM is between -0.11% and 0.04%.

ODEM weekday performance details

Find below the details of the performance of ODEM 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 -0.12% 0.16% -0.29% to 0.04%
Monday -3.49% 7.01% -10.50% to 3.52%
Tuesday 2.33% 4.24% -1.91% to 6.58%
Wednesday 1.77% 3.07% -1.30% to 4.84%
Thursday 0.91% 1.59% -0.67% to 2.50%
Friday -0.19% 0.66% -0.86% to 0.47%
Saturday -0.04% 0.07% -0.11% to 0.04%
 

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