OmiseGO (OMG)

Current price: $ 0.34

24 hours price change: $ 0.006376 (1.89%)

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 May 19th, 2024 to June 19th, 2024.

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 05/19/2024 and 06/19/2024.

According to the performance of OmiseGO between May 19th, 2024 and June 19th, 2024, OmiseGO performed the best on Mondays. On average, the price of OmiseGO increased 3.17% on Monday.

The weekday on which the OmiseGO performed the worst, is Thursday. On Thursdays, the OmiseGO declined in value on average by -0.81%.

OmiseGO weekday performance

On Sundays, the OmiseGO decreases in value on average with -0.72%. On most of the Sundays the OmiseGO decreases in value between -3.17% and 1.73%. The uncertainty (2.45%) is higher than the average decline percentage (-0.72%). Therefore, expected range of price changes of the OmiseGO on Sundays is large.

The increase in value of the OmiseGO is 3.17% on an average Monday. However, the uncertainty on the average change is high for the OmiseGO on Mondays. This is the reason why an expected increase of the OmiseGO on an average Monday cannot be predicted. The standard deviation for OmiseGO on Mondays is high, namely 4.61%. This means that the expected range of value change for the OmiseGO is -1.45% and 7.78% on 68% of the Mondays.

It is hard to tell whether the OmiseGO will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the OmiseGO is -0.15%. However, the standard deviation on this weekday is 0.86%. This means that on most Tuesdays, the change in value of the OmiseGO is between -1.01% and 0.71%.

Allthough the OmiseGO decreases in value with -0.44% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of OmiseGO on Wednesdays is 0.58%. This means that the expected change of the value of OmiseGO is between -1.02% and 0.15% on 68 out of 100 Wednesdays.

On Thursdays, the OmiseGO decreases in value on average with -0.81%. On most of the Thursdays the OmiseGO decreases in value between -1.31% and -0.30%. The uncertainty (0.51%) is higher than the average decline percentage (-0.81%). Therefore, expected range of price changes of the OmiseGO on Thursdays is large.

On an average Friday, the OmiseGO increased 0.39%. However, since the expected deviation is 0.93%, the OmiseGO will decline in value on a Friday quiet regularly. The expected price change of the OmiseGO on a Friday is between -0.54% and 1.32%.

On an average Saturday, the OmiseGO increased 0.57%. However, since the expected deviation is 1.04%, the OmiseGO will decline in value on a Saturday quiet regularly. The expected price change of the OmiseGO on a Saturday is between -0.47% and 1.61%.

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 -0.72% 2.45% -3.17% to 1.73%
Monday 3.17% 4.61% -1.45% to 7.78%
Tuesday -0.15% 0.86% -1.01% to 0.71%
Wednesday -0.44% 0.58% -1.02% to 0.15%
Thursday -0.81% 0.51% -1.31% to -0.30%
Friday 0.39% 0.93% -0.54% to 1.32%
Saturday 0.57% 1.04% -0.47% to 1.61%
 

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