OmiseGO (OMG)

Current price: $ 1.97

24 hours price change: $ 0.07 (3.68%)

Daily analysis of OmiseGO (OMG) - 1 month

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 1 month, starting on April 19th, 2019 to May 19th, 2019.

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 04/19/2019 and 05/19/2019.

According to the performance of OmiseGO between April 19th, 2019 and May 19th, 2019, OmiseGO performed the best on Wednesdays. On average, the price of OmiseGO increased 0.57% on Wednesday.

The weekday on which the OmiseGO performed the worst, is Tuesday. On Tuesdays, the OmiseGO declined in value on average by -0.85%.

OmiseGO weekday performance

It is hard to tell whether the OmiseGO will increase or decrease in value on an average Sunday. The average change on a Sunday for the OmiseGO is -0.10%. However, the standard deviation on this weekday is 0.45%. This means that on most Sundays, the change in value of the OmiseGO is between -0.55% and 0.35%.

It is hard to tell whether the OmiseGO will increase or decrease in value on an average Monday. The average change on a Monday for the OmiseGO is -0.29%. However, the standard deviation on this weekday is 0.30%. This means that on most Mondays, the change in value of the OmiseGO is between -0.59% and 0.00%.

On Tuesdays, the OmiseGO decreases in value on average with -0.85%. On most of the Tuesdays the OmiseGO decreases in value between -1.50% and -0.20%. The uncertainty (0.65%) is higher than the average decline percentage (-0.85%). Therefore, expected range of price changes of the OmiseGO on Tuesdays is large.

On an average Wednesday, the OmiseGO increased 0.57%. However, since the expected deviation is 0.74%, the OmiseGO will decline in value on a Wednesday quiet regularly. The expected price change of the OmiseGO on a Wednesday is between -0.18% and 1.31%.

OmiseGO increased in value on an average Thursday only slightly. The average increase in value of the OmiseGO was 0.10%. 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 (0.70%). This means that on 68 percent of the Thursdays, the change in price of the OmiseGO is expected to be in the range of -0.60% and 0.81%.

It is hard to tell whether the OmiseGO will increase or decrease in value on an average Friday. The average change on a Friday for the OmiseGO is -0.21%. However, the standard deviation on this weekday is 0.26%. This means that on most Fridays, the change in value of the OmiseGO is between -0.48% and 0.05%.

OmiseGO increased in value on an average Saturday only slightly. The average increase in value of the OmiseGO was 0.02%. 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 (0.37%). This means that on 68 percent of the Saturdays, the change in price of the OmiseGO is expected to be in the range of -0.35% and 0.39%.

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.

WeekdayAverage change (%)Standard deviation (%)68% range
Sunday-0.10%0.45%-0.55% to 0.35%
Monday-0.29%0.30%-0.59% to 0.00%
Tuesday-0.85%0.65%-1.50% to -0.20%
Wednesday0.57%0.74%-0.18% to 1.31%
Thursday0.10%0.70%-0.60% to 0.81%
Friday-0.21%0.26%-0.48% to 0.05%
Saturday0.02%0.37%-0.35% to 0.39%