ODEM (ODE)

Current price: $ 0.02

24 hours price change: $ 0.02 (inf%)

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 February 28th, 2020 to February 25th, 2021.

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 02/28/2020 and 02/25/2021.

According to the performance of ODEM between February 28th, 2020 and February 25th, 2021, ODEM performed the best on Sundays. On average, the price of ODEM increased 0.70% on Sunday.

The weekday on which the ODEM performed the worst, is Monday. On Mondays, the ODEM declined in value on average by -1.90%.

ODEM weekday performance

Historical performance on Sunday 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 Sunday with 0.70%. However, the uncertainty of this increase is high. The expected change in value of the ODEM on a Sunday is between -2.03% and 3.43% (see also the table below).

The ODEM declines in value on an average Monday with -1.90%. However, the uncertainty (or standard deviation) is quite large, namely 8.22%. This means that it is not possible to say whether on a regular Monday the ODEM will increase or decrease in value.

ODEM increased in value on an average Tuesday only slightly. The average increase in value of the ODEM was 0.09%. 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 (2.47%). This means that on 68 percent of the Tuesdays, the change in price of the ODEM is expected to be in the range of -2.38% and 2.56%.

Historical performance on Wednesday 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 Wednesday with 0.63%. However, the uncertainty of this increase is high. The expected change in value of the ODEM on a Wednesday is between -2.38% and 3.64% (see also the table below).

ODEM increased in value on an average Thursday only slightly. The average increase in value of the ODEM was 0.03%. 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 (1.47%). This means that on 68 percent of the Thursdays, the change in price of the ODEM is expected to be in the range of -1.44% and 1.50%.

On an average Friday, the ODEM increased 0.30%. However, since the expected deviation is 1.57%, the ODEM will decline in value on a Friday quiet regularly. The expected price change of the ODEM on a Friday is between -1.27% and 1.87%.

ODEM increased in value on an average Saturday only slightly. The average increase in value of the ODEM was 0.21%. 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 (2.30%). This means that on 68 percent of the Saturdays, the change in price of the ODEM is expected to be in the range of -2.09% and 2.51%.

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 0.70% 2.73% -2.03% to 3.43%
Monday -1.90% 8.22% -10.12% to 6.32%
Tuesday 0.09% 2.47% -2.38% to 2.56%
Wednesday 0.63% 3.01% -2.38% to 3.64%
Thursday 0.03% 1.47% -1.44% to 1.50%
Friday 0.30% 1.57% -1.27% to 1.87%
Saturday 0.21% 2.30% -2.09% to 2.51%
 

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