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 April 23rd, 2019 to October 22nd, 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 04/23/2019 and 10/22/2019.
According to the performance of ODEM between April 23rd, 2019 and October 22nd, 2019, ODEM performed the best on Fridays. On average, the price of ODEM increased 2.22% on Friday.
The weekday on which the ODEM performed the worst, is Monday. On Mondays, the ODEM declined in value on average by -1.86%.
ODEM weekday performance
On Sundays, the ODEM decreases in value on average with -0.77%. On most of the Sundays the ODEM decreases in value between -11.32% and 9.79%. The uncertainty (10.55%) is higher than the average decline percentage (-0.77%). Therefore, expected range of price changes of the ODEM on Sundays is large.
The ODEM declines in value on an average Monday with -1.86%. However, the uncertainty (or standard deviation) is quite large, namely 6.29%. This means that it is not possible to say whether on a regular Monday the ODEM will increase or decrease in value.
On an average Tuesday the ODEM shows an increase in value of 2.12%. However, the change of ODEM on most of the Tuesdays is between -7.63% and 11.88%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying ODEMs.
The ODEM declines in value on an average Wednesday with -1.32%. However, the uncertainty (or standard deviation) is quite large, namely 5.07%. This means that it is not possible to say whether on a regular Wednesday the ODEM will increase or decrease in value.
On an average Thursday the ODEM shows an increase in value of 1.44%. However, the change of ODEM on most of the Thursdays is between -10.20% and 13.09%. Therefore it is hard to tell whether an average Thursday is a good day to start buying ODEMs.
On an average Friday the ODEM shows an increase in value of 2.22%. However, the change of ODEM on most of the Fridays is between -4.42% and 8.86%. Therefore it is hard to tell whether an average Friday is a good day to start buying ODEMs.
It is hard to tell whether the ODEM will increase or decrease in value on an average Saturday. The average change on a Saturday for the ODEM is -0.26%. However, the standard deviation on this weekday is 7.53%. This means that on most Saturdays, the change in value of the ODEM is between -7.79% and 7.27%.
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 | -0.77% | 10.55% | -11.32% to 9.79% |
| Monday | -1.86% | 6.29% | -8.15% to 4.43% |
| Tuesday | 2.12% | 9.76% | -7.63% to 11.88% |
| Wednesday | -1.32% | 5.07% | -6.38% to 3.75% |
| Thursday | 1.44% | 11.65% | -10.20% to 13.09% |
| Friday | 2.22% | 6.64% | -4.42% to 8.86% |
| Saturday | -0.26% | 7.53% | -7.79% to 7.27% |