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 December 28th, 2021 to January 28th, 2022.
In the barchart below, the weekdays and average performance of ODEM are shown side by side.
According to the performance of ODEM between December 28th, 2021 and January 28th, 2022, ODEM performed the best on Fridays. On average, the price of ODEM increased 2.53% on Friday.
The weekday on which the ODEM performed the worst, is Saturday. On Saturdays, the ODEM declined in value on average by -2.13%.
ODEM weekday performance
On an average Sunday, the ODEM increased 0.32%. However, since the expected deviation is 0.55%, the ODEM will decline in value on a Sunday quiet regularly. The expected price change of the ODEM on a Sunday is between -0.23% and 0.86%.
Historical performance on Monday 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 Monday with 0.83%. However, the uncertainty of this increase is high. The expected change in value of the ODEM on a Monday is between 0.00% and 1.67% (see also the table below).
On an average Tuesday the ODEM shows an increase in value of 1.17%. However, the change of ODEM on most of the Tuesdays is between -1.35% and 3.70%. 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 1.82%. However, the change of ODEM on most of the Wednesdays is between -0.93% and 4.57%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying ODEMs.
On an average Thursday, the ODEM increased 0.37%. However, since the expected deviation is 0.75%, the ODEM will decline in value on a Thursday quiet regularly. The expected price change of the ODEM on a Thursday is between -0.37% and 1.12%.
On an average Friday the ODEM shows an increase in value of 2.53%. However, the change of ODEM on most of the Fridays is between -2.12% and 7.19%. Therefore it is hard to tell whether an average Friday is a good day to start buying ODEMs.
The ODEM declines in value on an average Saturday with -2.13%. However, the uncertainty (or standard deviation) is quite large, namely 3.90%. This means that it is not possible to say whether on a regular Saturday the ODEM will increase or decrease in value.
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||0.32%||0.55%||-0.23% to 0.86%|
|Monday||0.83%||0.84%||0.00% to 1.67%|
|Tuesday||1.17%||2.52%||-1.35% to 3.70%|
|Wednesday||1.82%||2.75%||-0.93% to 4.57%|
|Thursday||0.37%||0.75%||-0.37% to 1.12%|
|Friday||2.53%||4.66%||-2.12% to 7.19%|
|Saturday||-2.13%||3.90%||-6.03% to 1.76%|