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 6 months, starting on February 15th, 2022 to August 15th, 2022.
In the barchart below, the weekdays and average performance of ODEM are shown side by side.
According to the performance of ODEM between February 15th, 2022 and August 15th, 2022, ODEM performed the best on Sundays. On average, the price of ODEM increased - on Sunday.
The weekday on which the ODEM performed the worst, is Friday. On Fridays, the ODEM declined in value on average by -2.32%.
ODEM weekday performance
ODEM increased in value on an average Sunday only slightly. The average increase in value of the ODEM was -. 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 (-). This means that on 68 percent of the Sundays, the change in price of the ODEM is expected to be in the range of - and -.
It is hard to tell whether the ODEM will increase or decrease in value on an average Monday. The average change on a Monday for the ODEM is -0.04%. However, the standard deviation on this weekday is 0.20%. This means that on most Mondays, the change in value of the ODEM is between -0.23% and 0.16%.
ODEM increased in value on an average Tuesday only slightly. The average increase in value of the ODEM was -. 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 (-). This means that on 68 percent of the Tuesdays, the change in price of the ODEM is expected to be in the range of - and -.
ODEM increased in value on an average Wednesday only slightly. The average increase in value of the ODEM was -. 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 (-). This means that on 68 percent of the Wednesdays, the change in price of the ODEM is expected to be in the range of - and -.
Allthough the ODEM decreases in value with -0.54% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of ODEM on Thursdays is 4.74%. This means that the expected change of the value of ODEM is between -5.28% and 4.20% on 68 out of 100 Thursdays.
The ODEM declines in value on an average Friday with -2.32%. However, the uncertainty (or standard deviation) is quite large, namely 8.30%. This means that it is not possible to say whether on a regular Friday the ODEM will increase or decrease in value.
ODEM increased in value on an average Saturday only slightly. The average increase in value of the ODEM was 0.01%. 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 (0.60%). This means that on 68 percent of the Saturdays, the change in price of the ODEM is expected to be in the range of -0.59% and 0.61%.
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 | - | - | - to - |
| Monday | -0.04% | 0.20% | -0.23% to 0.16% |
| Tuesday | - | - | - to - |
| Wednesday | - | - | - to - |
| Thursday | -0.54% | 4.74% | -5.28% to 4.20% |
| Friday | -2.32% | 8.30% | -10.62% to 5.97% |
| Saturday | 0.01% | 0.60% | -0.59% to 0.61% |