ODEM (ODE)

Current price: $ 0.16

24 hours price change: $ -0.008336 (-4.94%)

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 September 20th, 2019 to October 20th, 2019.

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 09/20/2019 and 10/20/2019.

According to the performance of ODEM between September 20th, 2019 and October 20th, 2019, ODEM performed the best on Thursdays. On average, the price of ODEM increased 15.56% on Thursday.

The weekday on which the ODEM performed the worst, is Sunday. On Sundays, the ODEM declined in value on average by -12.14%.

ODEM weekday performance

The decrease in value of the ODEM is -12.14% on an average Sunday. The uncertainty of the average change is high for the ODEM on Sundays. This means that it is hard to tell whether the ODEM will decrease or increase in value on an average Sunday. If we look at the 68% range of the ODEM, we see that on 68% of the Sundays, the expected change of the ODEM is between -29.21% and 4.93%.

The ODEM declines in value on an average Monday with -2.47%. However, the uncertainty (or standard deviation) is quite large, namely 9.83%. This means that it is not possible to say whether on a regular Monday the ODEM will increase or decrease in value.

The increase in value of the ODEM is 7.66% on an average Tuesday. However, the uncertainty on the average change is high for the ODEM on Tuesdays. This is the reason why an expected increase of the ODEM on an average Tuesday cannot be predicted. The standard deviation for ODEM on Tuesdays is high, namely 15.08%. This means that the expected range of value change for the ODEM is -7.42% and 22.74% on 68% of the Tuesdays.

On Wednesdays, the average increase of the value of the ODEM is very high. The average increase is 4.63%. The standard deviation of the ODEM on Wednesdays is 3.01%. This means that on 68% of the Wednesdays, the ODEM increases between 1.62% and 7.65%. The uncertainty is therefore not very high, since on most Wednesdays, the value of the ODEM will increase.

The increase in value of the ODEM is 15.56% on an average Thursday. However, the uncertainty on the average change is high for the ODEM on Thursdays. This is the reason why an expected increase of the ODEM on an average Thursday cannot be predicted. The standard deviation for ODEM on Thursdays is high, namely 22.66%. This means that the expected range of value change for the ODEM is -7.10% and 38.22% on 68% of the Thursdays.

Historical performance on Friday 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 Friday with 0.88%. However, the uncertainty of this increase is high. The expected change in value of the ODEM on a Friday is between -2.00% and 3.76% (see also the table below).

On an average Saturday, the ODEM increased 0.58%. However, since the expected deviation is 2.99%, the ODEM will decline in value on a Saturday quiet regularly. The expected price change of the ODEM on a Saturday is between -2.41% and 3.57%.

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 -12.14% 17.07% -29.21% to 4.93%
Monday -2.47% 9.83% -12.30% to 7.36%
Tuesday 7.66% 15.08% -7.42% to 22.74%
Wednesday 4.63% 3.01% 1.62% to 7.65%
Thursday 15.56% 22.66% -7.10% to 38.22%
Friday 0.88% 2.88% -2.00% to 3.76%
Saturday 0.58% 2.99% -2.41% to 3.57%