ODEM (ODE)

Current price: $ 0.07

24 hours price change: $ 0.000683 (0.94%)

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 October 20th, 2018 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 10/20/2018 and 10/20/2019.

According to the performance of ODEM between October 20th, 2018 and October 20th, 2019, ODEM performed the best on Fridays. On average, the price of ODEM increased 4.56% on Friday.

The weekday on which the ODEM performed the worst, is Wednesday. On Wednesdays, the ODEM declined in value on average by -1.83%.

ODEM weekday performance

The ODEM declines in value on an average Sunday with -1.07%. However, the uncertainty (or standard deviation) is quite large, namely 8.55%. 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 -1.17%. However, the uncertainty (or standard deviation) is quite large, namely 6.04%. This means that it is not possible to say whether on a regular Monday the ODEM will increase or decrease in value.

Historical performance on Tuesday 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 Tuesday with 0.82%. However, the uncertainty of this increase is high. The expected change in value of the ODEM on a Tuesday is between -6.52% and 8.16% (see also the table below).

The ODEM declines in value on an average Wednesday with -1.83%. However, the uncertainty (or standard deviation) is quite large, namely 5.04%. This means that it is not possible to say whether on a regular Wednesday the ODEM will increase or decrease in value.

It is hard to tell whether the ODEM will increase or decrease in value on an average Thursday. The average change on a Thursday for the ODEM is -0.13%. However, the standard deviation on this weekday is 9.76%. This means that on most Thursdays, the change in value of the ODEM is between -9.89% and 9.62%.

The increase in value of the ODEM is 4.56% on an average Friday. However, the uncertainty on the average change is high for the ODEM on Fridays. This is the reason why an expected increase of the ODEM on an average Friday cannot be predicted. The standard deviation for ODEM on Fridays is high, namely 17.93%. This means that the expected range of value change for the ODEM is -13.37% and 22.49% on 68% of the Fridays.

On an average Saturday the ODEM shows an increase in value of 1.72%. However, the change of ODEM on most of the Saturdays is between -7.35% and 10.79%. Therefore it is hard to tell whether an average Saturday is a good day to start buying ODEMs.

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 -1.07% 8.55% -9.62% to 7.48%
Monday -1.17% 6.04% -7.21% to 4.86%
Tuesday 0.82% 7.34% -6.52% to 8.16%
Wednesday -1.83% 5.04% -6.86% to 3.21%
Thursday -0.13% 9.76% -9.89% to 9.62%
Friday 4.56% 17.93% -13.37% to 22.49%
Saturday 1.72% 9.07% -7.35% to 10.79%