Ontology (ONT)

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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 20th, 2023 to May 17th, 2024.

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 05/20/2023 and 05/17/2024.

According to the performance of Ontology between May 20th, 2023 and May 17th, 2024, Ontology performed the best on Sundays. On average, the price of Ontology increased 0.64% on Sunday.

The weekday on which the Ontology performed the worst, is Tuesday. On Tuesdays, the Ontology declined in value on average by -0.29%.

Ontology weekday performance

Historical performance on Sunday do not show an increase in value of the Ontology on which a prediction can be made. The Ontology increased in value on average on an average Sunday with 0.64%. However, the uncertainty of this increase is high. The expected change in value of the Ontology on a Sunday is between -4.73% and 6.01% (see also the table below).

Ontology increased in value on an average Monday only slightly. The average increase in value of the Ontology was 0.14%. 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 (1.71%). This means that on 68 percent of the Mondays, the change in price of the Ontology is expected to be in the range of -1.57% and 1.85%.

It is hard to tell whether the Ontology will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Ontology is -0.29%. However, the standard deviation on this weekday is 1.41%. This means that on most Tuesdays, the change in value of the Ontology is between -1.70% and 1.12%.

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 -0.14%. However, the standard deviation on this weekday is 1.27%. This means that on most Wednesdays, the change in value of the Ontology is between -1.41% and 1.13%.

On an average Thursday, the Ontology increased 0.32%. However, since the expected deviation is 1.52%, the Ontology will decline in value on a Thursday quiet regularly. The expected price change of the Ontology on a Thursday is between -1.19% and 1.84%.

It is hard to tell whether the Ontology will increase or decrease in value on an average Friday. The average change on a Friday for the Ontology is -0.24%. However, the standard deviation on this weekday is 1.10%. This means that on most Fridays, the change in value of the Ontology is between -1.34% and 0.86%.

It is hard to tell whether the Ontology will increase or decrease in value on an average Saturday. The average change on a Saturday for the Ontology is -0.11%. However, the standard deviation on this weekday is 1.28%. This means that on most Saturdays, the change in value of the Ontology is between -1.39% and 1.16%.

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 0.64% 5.37% -4.73% to 6.01%
Monday 0.14% 1.71% -1.57% to 1.85%
Tuesday -0.29% 1.41% -1.70% to 1.12%
Wednesday -0.14% 1.27% -1.41% to 1.13%
Thursday 0.32% 1.52% -1.19% to 1.84%
Friday -0.24% 1.10% -1.34% to 0.86%
Saturday -0.11% 1.28% -1.39% to 1.16%
 

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