Ontology (ONT)

Current price: $ 0.78

24 hours price change: $ -0.02 (-2.12%)

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 March 23rd, 2019 to September 22nd, 2019.

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 03/23/2019 and 09/22/2019.

According to the performance of Ontology between March 23rd, 2019 and September 22nd, 2019, Ontology performed the best on Wednesdays. On average, the price of Ontology increased 1.04% on Wednesday.

The weekday on which the Ontology performed the worst, is Thursday. On Thursdays, the Ontology declined in value on average by -1.33%.

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 -0.21%. However, the standard deviation on this weekday is 2.30%. This means that on most Sundays, the change in value of the Ontology is between -2.50% and 2.09%.

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 -0.09%. However, the standard deviation on this weekday is 2.57%. This means that on most Mondays, the change in value of the Ontology is between -2.66% and 2.48%.

Ontology increased in value on an average Tuesday only slightly. The average increase in value of the Ontology was 0.29%. 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 (3.17%). This means that on 68 percent of the Tuesdays, the change in price of the Ontology is expected to be in the range of -2.88% and 3.46%.

On an average Wednesday the Ontology shows an increase in value of 1.04%. However, the change of Ontology on most of the Wednesdays is between -2.48% and 4.57%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Ontologys.

The Ontology declines in value on an average Thursday with -1.33%. However, the uncertainty (or standard deviation) is quite large, namely 4.22%. This means that it is not possible to say whether on a regular Thursday the Ontology will increase or decrease in value.

Ontology increased in value on an average Friday only slightly. The average increase in value of the Ontology was 0.13%. 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 (1.48%). This means that on 68 percent of the Fridays, the change in price of the Ontology is expected to be in the range of -1.34% and 1.61%.

Historical performance on Saturday 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 Saturday with 0.85%. However, the uncertainty of this increase is high. The expected change in value of the Ontology on a Saturday is between -2.77% and 4.47% (see also the table below).

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 -0.21% 2.30% -2.50% to 2.09%
Monday -0.09% 2.57% -2.66% to 2.48%
Tuesday 0.29% 3.17% -2.88% to 3.46%
Wednesday 1.04% 3.52% -2.48% to 4.57%
Thursday -1.33% 4.22% -5.54% to 2.89%
Friday 0.13% 1.48% -1.34% to 1.61%
Saturday 0.85% 3.62% -2.77% to 4.47%