OmiseGO (OMG)

Current price: $ 3.66

24 hours price change: $ -0.05 (-1.30%)

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 June 25th, 2021 to July 25th, 2021.

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 06/25/2021 and 07/25/2021.

According to the performance of OmiseGO between June 25th, 2021 and July 25th, 2021, OmiseGO performed the best on Tuesdays. On average, the price of OmiseGO increased 2.40% on Tuesday.

The weekday on which the OmiseGO performed the worst, is Friday. On Fridays, the OmiseGO declined in value on average by -1.94%.

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 0.93%. However, the uncertainty of this increase is high. The expected change in value of the OmiseGO on a Sunday is between -0.83% and 2.69% (see also the table below).

Historical performance on Monday 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 Monday with 0.98%. However, the uncertainty of this increase is high. The expected change in value of the OmiseGO on a Monday is between -0.73% and 2.69% (see also the table below).

On an average Tuesday the OmiseGO shows an increase in value of 2.40%. However, the change of OmiseGO on most of the Tuesdays is between -1.68% and 6.48%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying OmiseGOs.

Historical performance on Wednesday 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 Wednesday with 0.86%. However, the uncertainty of this increase is high. The expected change in value of the OmiseGO on a Wednesday is between -0.62% and 2.33% (see also the table below).

OmiseGO increased in value on an average Thursday only slightly. The average increase in value of the OmiseGO was 0.01%. 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 (0.02%). This means that on 68 percent of the Thursdays, the change in price of the OmiseGO is expected to be in the range of -0.02% and 0.03%.

The OmiseGO declines in value on an average Friday with -1.94%. However, the uncertainty (or standard deviation) is quite large, namely 3.68%. This means that it is not possible to say whether on a regular Friday the OmiseGO will increase or decrease in value.

OmiseGO increased in value on an average Saturday only slightly. The average increase in value of the OmiseGO was 0.13%. 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 (0.22%). This means that on 68 percent of the Saturdays, the change in price of the OmiseGO is expected to be in the range of -0.09% and 0.35%.

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 0.93% 1.76% -0.83% to 2.69%
Monday 0.98% 1.71% -0.73% to 2.69%
Tuesday 2.40% 4.08% -1.68% to 6.48%
Wednesday 0.86% 1.47% -0.62% to 2.33%
Thursday 0.01% 0.02% -0.02% to 0.03%
Friday -1.94% 3.68% -5.62% to 1.75%
Saturday 0.13% 0.22% -0.09% to 0.35%
 

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