OmiseGO (OMG)

Current price: $ 1.31

24 hours price change: $ 0.04 (3.15%)

Daily analysis of OmiseGO (OMG) - 1 year

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 year, starting on December 18th, 2017 to December 17th, 2018.

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 12/18/2017 and 12/17/2018.

According to the performance of OmiseGO between December 18th, 2017 and December 17th, 2018, OmiseGO performed the best on Fridays. On average, the price of OmiseGO increased 1.33% on Friday.

The weekday on which the OmiseGO performed the worst, is Wednesday. On Wednesdays, the OmiseGO declined in value on average by -0.90%.

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 -0.30%. However, the standard deviation on this weekday is 4.17%. This means that on most Sundays, the change in value of the OmiseGO is between -4.47% and 3.87%.

On Mondays, the OmiseGO decreases in value on average with -0.87%. On most of the Mondays the OmiseGO decreases in value between -6.72% and 4.98%. The uncertainty (5.85%) is higher than the average decline percentage (-0.87%). Therefore, expected range of price changes of the OmiseGO on Mondays is large.

On an average Tuesday the OmiseGO shows an increase in value of 1.19%. However, the change of OmiseGO on most of the Tuesdays is between -4.22% and 6.61%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying OmiseGOs.

On Wednesdays, the OmiseGO decreases in value on average with -0.90%. On most of the Wednesdays the OmiseGO decreases in value between -7.20% and 5.40%. The uncertainty (6.30%) is higher than the average decline percentage (-0.90%). Therefore, expected range of price changes of the OmiseGO on Wednesdays is large.

Allthough the OmiseGO decreases in value with -0.50% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of OmiseGO on Thursdays is 6.15%. This means that the expected change of the value of OmiseGO is between -6.65% and 5.66% on 68 out of 100 Thursdays.

On an average Friday the OmiseGO shows an increase in value of 1.33%. However, the change of OmiseGO on most of the Fridays is between -2.47% and 5.13%. Therefore it is hard to tell whether an average Friday is a good day to start buying OmiseGOs.

OmiseGO increased in value on an average Saturday only slightly. The average increase in value of the OmiseGO was 0.11%. 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 (6.25%). This means that on 68 percent of the Saturdays, the change in price of the OmiseGO is expected to be in the range of -6.13% and 6.36%.

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-0.30%4.17%-4.47% to 3.87%
Monday-0.87%5.85%-6.72% to 4.98%
Tuesday1.19%5.41%-4.22% to 6.61%
Wednesday-0.90%6.30%-7.20% to 5.40%
Thursday-0.50%6.15%-6.65% to 5.66%
Friday1.33%3.80%-2.47% to 5.13%
Saturday0.11%6.25%-6.13% to 6.36%