OmiseGO (OMG)

Current price: $ 1.58

24 hours price change: $ -0.06 (-3.90%)

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 15th, 2019 to July 14th, 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 06/15/2019 and 07/14/2019.

According to the performance of OmiseGO between June 15th, 2019 and July 14th, 2019, OmiseGO performed the best on Sundays. On average, the price of OmiseGO increased 0.53% on Sunday.

The weekday on which the OmiseGO performed the worst, is Monday. On Mondays, the OmiseGO declined in value on average by -0.32%.

OmiseGO weekday performance

On an average Sunday, the OmiseGO increased 0.53%. However, since the expected deviation is 0.57%, the OmiseGO will decline in value on a Sunday quiet regularly. The expected price change of the OmiseGO on a Sunday is between -0.03% and 1.10%.

Allthough the OmiseGO decreases in value with -0.32% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of OmiseGO on Mondays is 0.66%. This means that the expected change of the value of OmiseGO is between -0.98% and 0.34% on 68 out of 100 Mondays.

OmiseGO increased in value on an average Tuesday 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 (0.77%). This means that on 68 percent of the Tuesdays, the change in price of the OmiseGO is expected to be in the range of -0.67% and 0.87%.

OmiseGO increased in value on an average Wednesday only slightly. The average increase in value of the OmiseGO was 0.03%. 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 (0.71%). This means that on 68 percent of the Wednesdays, the change in price of the OmiseGO is expected to be in the range of -0.68% and 0.73%.

OmiseGO increased in value on an average Thursday 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 (0.36%). This means that on 68 percent of the Thursdays, the change in price of the OmiseGO is expected to be in the range of -0.34% and 0.38%.

The average increase of the OmiseGO on an average Friday is 0.47%. This is a small increase, however, the expected change of the OmiseGO in 95% of the Fridays is -0.41% and 1.36%. This means that only on 2.5% (or slightly over 1 Friday per year) the expected change of the OmiseGO is below -0.41%. On the other hand, you would not have to expect that the change on a single Friday will be above 1.36%. This will also only happen on 2.5% of the Fridays. On 68% of the Fridays, the increase of the OmiseGO will be in the range of 0.03% and 0.92%.

OmiseGO increased in value on an average Saturday 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 (0.36%). This means that on 68 percent of the Saturdays, the change in price of the OmiseGO is expected to be in the range of -0.31% and 0.40%.

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
Sunday0.53%0.57%-0.03% to 1.10%
Monday-0.32%0.66%-0.98% to 0.34%
Tuesday0.10%0.77%-0.67% to 0.87%
Wednesday0.03%0.71%-0.68% to 0.73%
Thursday0.02%0.36%-0.34% to 0.38%
Friday0.47%0.44%0.03% to 0.92%
Saturday0.05%0.36%-0.31% to 0.40%