Ontology (ONT)

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Daily analysis of Ontology (ONT) - 6 months

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 6 months, starting on December 28th, 2021 to June 28th, 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 12/28/2021 and 06/28/2022.

According to the performance of Ontology between December 28th, 2021 and June 28th, 2022, Ontology performed the best on Sundays. On average, the price of Ontology increased 0.33% on Sunday.

The weekday on which the Ontology performed the worst, is Friday. On Fridays, the Ontology declined in value on average by -0.47%.

Ontology weekday performance

On an average Sunday, the Ontology increased 0.33%. However, since the expected deviation is 1.06%, the Ontology will decline in value on a Sunday quiet regularly. The expected price change of the Ontology on a Sunday is between -0.74% and 1.39%.

Allthough the Ontology decreases in value with -0.46% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Ontology on Mondays is 1.14%. This means that the expected change of the value of Ontology is between -1.60% and 0.67% on 68 out of 100 Mondays.

Ontology increased in value on an average Tuesday only slightly. The average increase in value of the Ontology was 0.18%. 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 (0.67%). This means that on 68 percent of the Tuesdays, the change in price of the Ontology is expected to be in the range of -0.49% and 0.86%.

Ontology increased in value on an average Wednesday only slightly. The average increase in value of the Ontology was 0.21%. 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 (1.14%). This means that on 68 percent of the Wednesdays, the change in price of the Ontology is expected to be in the range of -0.93% and 1.35%.

Ontology increased in value on an average Thursday only slightly. The average increase in value of the Ontology was 0.09%. 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 (0.49%). This means that on 68 percent of the Thursdays, the change in price of the Ontology is expected to be in the range of -0.40% and 0.59%.

Allthough the Ontology decreases in value with -0.47% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Ontology on Fridays is 1.29%. This means that the expected change of the value of Ontology is between -1.76% and 0.82% on 68 out of 100 Fridays.

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 -0.09%. However, the standard deviation on this weekday is 2.43%. This means that on most Saturdays, the change in value of the Ontology is between -2.52% and 2.34%.

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 0.33% 1.06% -0.74% to 1.39%
Monday -0.46% 1.14% -1.60% to 0.67%
Tuesday 0.18% 0.67% -0.49% to 0.86%
Wednesday 0.21% 1.14% -0.93% to 1.35%
Thursday 0.09% 0.49% -0.40% to 0.59%
Friday -0.47% 1.29% -1.76% to 0.82%
Saturday -0.09% 2.43% -2.52% to 2.34%
 

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