Ontology (ONT)

Current price: $ 0.26

24 hours price change: $ 0.000226 (0.09%)

Daily analysis of Ontology (ONT) - 1 month

The performance of Ontology regarding the price differs every day. To make the best decision to buy Ontology, we are analysis in this article the performance of Ontology on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on April 29th, 2022 to May 29th, 2022.

In the barchart below, the weekdays and average performance of Ontology are shown side by side.

Average daily change in price of Ontology per weekday between 04/29/2022 and 05/29/2022.

According to the performance of Ontology between April 29th, 2022 and May 29th, 2022, Ontology performed the best on Tuesdays. On average, the price of Ontology increased 0.49% on Tuesday.

The weekday on which the Ontology performed the worst, is Saturday. On Saturdays, the Ontology declined in value on average by -2.14%.

Ontology weekday performance

It is hard to tell whether the Ontology will increase or decrease in value on an average Sunday. The average change on a Sunday for the Ontology is -0.01%. However, the standard deviation on this weekday is 0.13%. This means that on most Sundays, the change in value of the Ontology is between -0.14% and 0.13%.

It is hard to tell whether the Ontology will increase or decrease in value on an average Monday. The average change on a Monday for the Ontology is -0.07%. However, the standard deviation on this weekday is 0.05%. This means that on most Mondays, the change in value of the Ontology is between -0.12% and -0.02%.

The average increase of the Ontology on an average Tuesday is 0.49%. This is a small increase, however, the expected change of the Ontology in 95% of the Tuesdays is -0.28% and 1.27%. This means that only on 2.5% (or slightly over 1 Tuesday per year) the expected change of the Ontology is below -0.28%. On the other hand, you would not have to expect that the change on a single Tuesday will be above 1.27%. This will also only happen on 2.5% of the Tuesdays. On 68% of the Tuesdays, the increase of the Ontology will be in the range of 0.10% and 0.88%.

It is hard to tell whether the Ontology will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Ontology is -0.05%. However, the standard deviation on this weekday is 0.05%. This means that on most Wednesdays, the change in value of the Ontology is between -0.10% and 0.00%.

The Ontology will almost not change or only slightly increase in value on an average Thursday. The average change of the Ontology on Thursdays is 0.23%. The standard deviation of the Ontology is 0.11%, which means that in 68% of the Thursdays, the range of the change of the Ontology is 0.11% and 0.34%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.

On Fridays, the Ontology decreases in value on average with -0.64%. On most of the Fridays the Ontology decreases in value between -2.11% and 0.84%. The uncertainty (1.48%) is higher than the average decline percentage (-0.64%). Therefore, expected range of price changes of the Ontology on Fridays is large.

The Ontology declines in value on an average Saturday with -2.14%. However, the uncertainty (or standard deviation) is quite large, namely 4.40%. This means that it is not possible to say whether on a regular Saturday the Ontology will increase or decrease in value.

Ontology weekday performance details

Find below the details of the performance of Ontology 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 -0.01% 0.13% -0.14% to 0.13%
Monday -0.07% 0.05% -0.12% to -0.02%
Tuesday 0.49% 0.39% 0.10% to 0.88%
Wednesday -0.05% 0.05% -0.10% to 0.00%
Thursday 0.23% 0.11% 0.11% to 0.34%
Friday -0.64% 1.48% -2.11% to 0.84%
Saturday -2.14% 4.40% -6.54% to 2.26%
 

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