The performance of Orbs regarding the price differs every day. To make the best decision to buy Orbs, we are analysis in this article the performance of Orbs on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on November 6th, 2022 to December 6th, 2022.
In the barchart below, the weekdays and average performance of Orbs are shown side by side.
According to the performance of Orbs between November 6th, 2022 and December 6th, 2022, Orbs performed the best on Sundays. On average, the price of Orbs increased 4.84% on Sunday.
The weekday on which the Orbs performed the worst, is Saturday. On Saturdays, the Orbs declined in value on average by -4.30%.
Orbs weekday performance
The increase in value of the Orbs is 4.84% on an average Sunday. However, the uncertainty on the average change is high for the Orbs on Sundays. This is the reason why an expected increase of the Orbs on an average Sunday cannot be predicted. The standard deviation for Orbs on Sundays is high, namely 11.85%. This means that the expected range of value change for the Orbs is -7.02% and 16.69% on 68% of the Sundays.
Allthough the Orbs decreases in value with -0.43% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Orbs on Mondays is 0.82%. This means that the expected change of the value of Orbs is between -1.25% and 0.39% on 68 out of 100 Mondays.
On Tuesdays, the Orbs decreases in value on average with -0.65%. On most of the Tuesdays the Orbs decreases in value between -1.83% and 0.53%. The uncertainty (1.18%) is higher than the average decline percentage (-0.65%). Therefore, expected range of price changes of the Orbs on Tuesdays is large.
It is hard to tell whether the Orbs will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Orbs is -0.10%. However, the standard deviation on this weekday is 1.26%. This means that on most Wednesdays, the change in value of the Orbs is between -1.36% and 1.17%.
Allthough the Orbs decreases in value with -0.53% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Orbs on Thursdays is 17.54%. This means that the expected change of the value of Orbs is between -18.07% and 17.00% on 68 out of 100 Thursdays.
The Orbs declines in value on an average Friday with -1.37%. However, the uncertainty (or standard deviation) is quite large, namely 3.25%. This means that it is not possible to say whether on a regular Friday the Orbs will increase or decrease in value.
The decrease in value of the Orbs is -4.30% on an average Saturday. The uncertainty of the average change is high for the Orbs on Saturdays. This means that it is hard to tell whether the Orbs will decrease or increase in value on an average Saturday. If we look at the 68% range of the Orbs, we see that on 68% of the Saturdays, the expected change of the Orbs is between -10.00% and 1.40%.
Orbs weekday performance details
Find below the details of the performance of Orbs 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||4.84%||11.85%||-7.02% to 16.69%|
|Monday||-0.43%||0.82%||-1.25% to 0.39%|
|Tuesday||-0.65%||1.18%||-1.83% to 0.53%|
|Wednesday||-0.10%||1.26%||-1.36% to 1.17%|
|Thursday||-0.53%||17.54%||-18.07% to 17.00%|
|Friday||-1.37%||3.25%||-4.62% to 1.88%|
|Saturday||-4.30%||5.70%||-10.00% to 1.40%|