Orbs (ORBS)

Current price: $ 0.01

24 hours price change: $ 0.000766 (5.97%)

Daily analysis of Orbs (ORBS) - 1 month

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 May 3rd, 2020 to June 2nd, 2020.

In the barchart below, the weekdays and average performance of Orbs are shown side by side.

Average daily change in price of Orbs per weekday between 05/03/2020 and 06/02/2020.

According to the performance of Orbs between May 3rd, 2020 and June 2nd, 2020, Orbs performed the best on Saturdays. On average, the price of Orbs increased 0.31% on Saturday.

The weekday on which the Orbs performed the worst, is Monday. On Mondays, the Orbs declined in value on average by -0.34%.

Orbs weekday performance

Orbs increased in value on an average Sunday only slightly. The average increase in value of the Orbs was 0.24%. Allthough the Orbs closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.59%). This means that on 68 percent of the Sundays, the change in price of the Orbs is expected to be in the range of -0.35% and 0.83%.

Allthough the Orbs decreases in value with -0.34% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Orbs on Mondays is 0.81%. This means that the expected change of the value of Orbs is between -1.15% and 0.47% on 68 out of 100 Mondays.

Orbs increased in value on an average Tuesday only slightly. The average increase in value of the Orbs was 0.24%. Allthough the Orbs closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.16%). This means that on 68 percent of the Tuesdays, the change in price of the Orbs is expected to be in the range of -0.92% and 1.41%.

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 -0.03%. However, the standard deviation on this weekday is 0.13%. This means that on most Wednesdays, the change in value of the Orbs is between -0.16% and 0.10%.

Orbs increased in value on an average Thursday only slightly. The average increase in value of the Orbs was 0.06%. Allthough the Orbs closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.13%). This means that on 68 percent of the Thursdays, the change in price of the Orbs is expected to be in the range of -0.07% and 0.18%.

Orbs increased in value on an average Friday only slightly. The average increase in value of the Orbs was 0.00%. Allthough the Orbs closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.10%). This means that on 68 percent of the Fridays, the change in price of the Orbs is expected to be in the range of -0.10% and 0.10%.

On an average Saturday, the Orbs increased 0.31%. However, since the expected deviation is 0.60%, the Orbs will decline in value on a Saturday quiet regularly. The expected price change of the Orbs on a Saturday is between -0.29% and 0.91%.

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 0.24% 0.59% -0.35% to 0.83%
Monday -0.34% 0.81% -1.15% to 0.47%
Tuesday 0.24% 1.16% -0.92% to 1.41%
Wednesday -0.03% 0.13% -0.16% to 0.10%
Thursday 0.06% 0.13% -0.07% to 0.18%
Friday 0.00% 0.10% -0.10% to 0.10%
Saturday 0.31% 0.60% -0.29% to 0.91%
 

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