ODEM (ODE)

Current price: $ 0.05

24 hours price change: $ 0.000967 (2.13%)

Daily analysis of ODEM (ODE) - 1 year

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 year, starting on June 3rd, 2019 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 06/03/2019 and 06/02/2020.

According to the performance of ODEM between June 3rd, 2019 and June 2nd, 2020, ODEM performed the best on Fridays. On average, the price of ODEM increased 0.25% on Friday.

The weekday on which the ODEM performed the worst, is Monday. On Mondays, the ODEM declined in value on average by -2.82%.

ODEM weekday performance

The ODEM declines in value on an average Sunday with -1.84%. However, the uncertainty (or standard deviation) is quite large, namely 9.50%. This means that it is not possible to say whether on a regular Sunday the ODEM will increase or decrease in value.

The ODEM declines in value on an average Monday with -2.82%. However, the uncertainty (or standard deviation) is quite large, namely 10.15%. This means that it is not possible to say whether on a regular Monday the ODEM will increase or decrease in value.

On Tuesdays, the ODEM decreases in value on average with -0.96%. On most of the Tuesdays the ODEM decreases in value between -13.57% and 11.66%. The uncertainty (12.62%) is higher than the average decline percentage (-0.96%). Therefore, expected range of price changes of the ODEM on Tuesdays is large.

It is hard to tell whether the ODEM will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the ODEM is -0.03%. However, the standard deviation on this weekday is 7.63%. This means that on most Wednesdays, the change in value of the ODEM is between -7.66% and 7.59%.

On Thursdays, the ODEM decreases in value on average with -0.80%. On most of the Thursdays the ODEM decreases in value between -11.83% and 10.24%. The uncertainty (11.04%) is higher than the average decline percentage (-0.80%). Therefore, expected range of price changes of the ODEM on Thursdays is large.

ODEM increased in value on an average Friday only slightly. The average increase in value of the ODEM was 0.25%. Allthough the ODEM closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (5.57%). This means that on 68 percent of the Fridays, the change in price of the ODEM is expected to be in the range of -5.32% and 5.81%.

The ODEM declines in value on an average Saturday with -1.03%. However, the uncertainty (or standard deviation) is quite large, namely 6.83%. 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 -1.84% 9.50% -11.33% to 7.66%
Monday -2.82% 10.15% -12.96% to 7.33%
Tuesday -0.96% 12.62% -13.57% to 11.66%
Wednesday -0.03% 7.63% -7.66% to 7.59%
Thursday -0.80% 11.04% -11.83% to 10.24%
Friday 0.25% 5.57% -5.32% to 5.81%
Saturday -1.03% 6.83% -7.86% to 5.80%
 

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