Ontology (ONT)

Current price: $ 1.81

24 hours price change: $ -0.05 (-2.69%)

Daily analysis of Ontology (ONT) - 1 year

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 year, starting on May 18th, 2020 to May 18th, 2021.

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 05/18/2020 and 05/18/2021.

According to the performance of Ontology between May 18th, 2020 and May 18th, 2021, Ontology performed the best on Saturdays. On average, the price of Ontology increased 0.57% on Saturday.

The weekday on which the Ontology performed the worst, is Wednesday. On Wednesdays, the Ontology declined in value on average by -0.45%.

Ontology weekday performance

Ontology increased in value on an average Sunday only slightly. The average increase in value of the Ontology was 0.05%. Allthough the Ontology closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (2.36%). This means that on 68 percent of the Sundays, the change in price of the Ontology is expected to be in the range of -2.30% and 2.41%.

Ontology increased in value on an average Monday only slightly. The average increase in value of the Ontology was 0.20%. Allthough the Ontology closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (3.32%). This means that on 68 percent of the Mondays, the change in price of the Ontology is expected to be in the range of -3.11% and 3.52%.

Allthough the Ontology decreases in value with -0.36% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Ontology on Tuesdays is 2.65%. This means that the expected change of the value of Ontology is between -3.01% and 2.29% on 68 out of 100 Tuesdays.

Allthough the Ontology decreases in value with -0.45% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Ontology on Wednesdays is 2.58%. This means that the expected change of the value of Ontology is between -3.03% and 2.13% on 68 out of 100 Wednesdays.

Ontology increased in value on an average Thursday only slightly. The average increase in value of the Ontology was 0.24%. Allthough the Ontology closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.47%). This means that on 68 percent of the Thursdays, the change in price of the Ontology is expected to be in the range of -1.23% and 1.72%.

On an average Friday, the Ontology increased 0.55%. However, since the expected deviation is 2.47%, the Ontology will decline in value on a Friday quiet regularly. The expected price change of the Ontology on a Friday is between -1.92% and 3.02%.

On an average Saturday, the Ontology increased 0.57%. However, since the expected deviation is 2.78%, the Ontology will decline in value on a Saturday quiet regularly. The expected price change of the Ontology on a Saturday is between -2.21% and 3.35%.

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 0.05% 2.36% -2.30% to 2.41%
Monday 0.20% 3.32% -3.11% to 3.52%
Tuesday -0.36% 2.65% -3.01% to 2.29%
Wednesday -0.45% 2.58% -3.03% to 2.13%
Thursday 0.24% 1.47% -1.23% to 1.72%
Friday 0.55% 2.47% -1.92% to 3.02%
Saturday 0.57% 2.78% -2.21% to 3.35%
 

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