OmiseGO (OMG)

Current price: $ 1.68

24 hours price change: $ -0.001000 (-0.06%)

Daily analysis of OmiseGO (OMG) - all

The performance of OmiseGO regarding the price differs every day. To make the best decision to buy OmiseGO, we are analysis in this article the performance of OmiseGO on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on July 13th, 2017 to June 4th, 2020.

In the barchart below, the weekdays and average performance of OmiseGO are shown side by side.

Average daily change in price of OmiseGO per weekday between 07/13/2017 and 06/04/2020.

According to the performance of OmiseGO between July 13th, 2017 and June 4th, 2020, OmiseGO performed the best on Sundays. On average, the price of OmiseGO increased 0.94% on Sunday.

The weekday on which the OmiseGO performed the worst, is Monday. On Mondays, the OmiseGO rose in value on average by 0.05%. The price still increased on Mondays, allthough it was the smallest increase of all days on average.

OmiseGO weekday performance

Historical performance on Sunday do not show an increase in value of the OmiseGO on which a prediction can be made. The OmiseGO increased in value on average on an average Sunday with 0.94%. However, the uncertainty of this increase is high. The expected change in value of the OmiseGO on a Sunday is between -5.32% and 7.20% (see also the table below).

OmiseGO increased in value on an average Monday only slightly. The average increase in value of the OmiseGO was 0.05%. Allthough the OmiseGO closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (5.71%). This means that on 68 percent of the Mondays, the change in price of the OmiseGO is expected to be in the range of -5.66% and 5.77%.

On an average Tuesday, the OmiseGO increased 0.46%. However, since the expected deviation is 5.96%, the OmiseGO will decline in value on a Tuesday quiet regularly. The expected price change of the OmiseGO on a Tuesday is between -5.50% and 6.41%.

On an average Wednesday, the OmiseGO increased 0.31%. However, since the expected deviation is 8.57%, the OmiseGO will decline in value on a Wednesday quiet regularly. The expected price change of the OmiseGO on a Wednesday is between -8.26% and 8.88%.

On an average Thursday, the OmiseGO increased 0.39%. However, since the expected deviation is 6.51%, the OmiseGO will decline in value on a Thursday quiet regularly. The expected price change of the OmiseGO on a Thursday is between -6.11% and 6.90%.

Historical performance on Friday do not show an increase in value of the OmiseGO on which a prediction can be made. The OmiseGO increased in value on average on an average Friday with 0.91%. However, the uncertainty of this increase is high. The expected change in value of the OmiseGO on a Friday is between -4.06% and 5.89% (see also the table below).

OmiseGO increased in value on an average Saturday only slightly. The average increase in value of the OmiseGO was 0.09%. Allthough the OmiseGO closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (7.49%). This means that on 68 percent of the Saturdays, the change in price of the OmiseGO is expected to be in the range of -7.40% and 7.59%.

OmiseGO weekday performance details

Find below the details of the performance of OmiseGO 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 0.94% 6.26% -5.32% to 7.20%
Monday 0.05% 5.71% -5.66% to 5.77%
Tuesday 0.46% 5.96% -5.50% to 6.41%
Wednesday 0.31% 8.57% -8.26% to 8.88%
Thursday 0.39% 6.51% -6.11% to 6.90%
Friday 0.91% 4.98% -4.06% to 5.89%
Saturday 0.09% 7.49% -7.40% to 7.59%
 

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