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 November 9th, 2023 to December 9th, 2023.
In the barchart below, the weekdays and average performance of OmiseGO are shown side by side.
According to the performance of OmiseGO between November 9th, 2023 and December 9th, 2023, OmiseGO performed the best on Wednesdays. On average, the price of OmiseGO increased 1.16% on Wednesday.
The weekday on which the OmiseGO performed the worst, is Sunday. On Sundays, the OmiseGO declined in value on average by -0.86%.
OmiseGO weekday performance
On Sundays, the OmiseGO decreases in value on average with -0.86%. On most of the Sundays the OmiseGO decreases in value between -2.60% and 0.88%. The uncertainty (1.74%) is higher than the average decline percentage (-0.86%). Therefore, expected range of price changes of the OmiseGO on Sundays is large.
On an average Monday the OmiseGO shows a high increase in value, namely 1.13%. The standard deviation is below the average increase percentage (standard deviation is 1.03%), meaning that on 68% of the Mondays the OmiseGO will increase with a percentage between 0.10% and 2.17%. This also means that, on average, on 16 percent of the Mondays, the OmiseGO will increase with a percentage above this range. On the other 16% of the Mondays, the OmiseGO will change with a percentage below the 0.10%.
OmiseGO increased in value on an average Tuesday only slightly. The average increase in value of the OmiseGO was 0.04%. 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 (1.73%). This means that on 68 percent of the Tuesdays, the change in price of the OmiseGO is expected to be in the range of -1.69% and 1.77%.
On an average Wednesday the OmiseGO shows a high increase in value, namely 1.16%. The standard deviation is below the average increase percentage (standard deviation is 0.56%), meaning that on 68% of the Wednesdays the OmiseGO will increase with a percentage between 0.60% and 1.71%. This also means that, on average, on 16 percent of the Wednesdays, the OmiseGO will increase with a percentage above this range. On the other 16% of the Wednesdays, the OmiseGO will change with a percentage below the 0.60%.
The expected range of change of the OmiseGO for an average Thursday is between 0.49% and 1.08%. This is the result of an average increase in value of 0.78% and a standard deviation of %STANDARD_DEVIATION%}. This expected increase of value is calculated over the last 1 month.
On an average Friday, the OmiseGO increased 0.56%. However, since the expected deviation is 0.71%, the OmiseGO will decline in value on a Friday quiet regularly. The expected price change of the OmiseGO on a Friday is between -0.15% and 1.26%.
It is hard to tell whether the OmiseGO will increase or decrease in value on an average Saturday. The average change on a Saturday for the OmiseGO is -0.18%. However, the standard deviation on this weekday is 0.96%. This means that on most Saturdays, the change in value of the OmiseGO is between -1.14% and 0.78%.
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||-0.86%||1.74%||-2.60% to 0.88%|
|Monday||1.13%||1.03%||0.10% to 2.17%|
|Tuesday||0.04%||1.73%||-1.69% to 1.77%|
|Wednesday||1.16%||0.56%||0.60% to 1.71%|
|Thursday||0.78%||0.30%||0.49% to 1.08%|
|Friday||0.56%||0.71%||-0.15% to 1.26%|
|Saturday||-0.18%||0.96%||-1.14% to 0.78%|