Orbs (ORBS)

Current price: $ 0.01

24 hours price change: $ -0.000643 (-4.58%)

Daily analysis of Orbs (ORBS) - 1 year

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 year, starting on April 2nd, 2019 to February 25th, 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 04/02/2019 and 02/25/2020.

According to the performance of Orbs between April 2nd, 2019 and February 25th, 2020, Orbs performed the best on Tuesdays. On average, the price of Orbs increased 0.88% on Tuesday.

The weekday on which the Orbs performed the worst, is Wednesday. On Wednesdays, the Orbs declined in value on average by -1.18%.

Orbs weekday performance

On Sundays, the Orbs decreases in value on average with -0.66%. On most of the Sundays the Orbs decreases in value between -4.22% and 2.90%. The uncertainty (3.56%) is higher than the average decline percentage (-0.66%). Therefore, expected range of price changes of the Orbs on Sundays is large.

The Orbs declines in value on an average Monday with -1.00%. However, the uncertainty (or standard deviation) is quite large, namely 5.15%. This means that it is not possible to say whether on a regular Monday the Orbs will increase or decrease in value.

Historical performance on Tuesday do not show an increase in value of the Orbs on which a prediction can be made. The Orbs increased in value on average on an average Tuesday with 0.88%. However, the uncertainty of this increase is high. The expected change in value of the Orbs on a Tuesday is between -4.45% and 6.21% (see also the table below).

The Orbs declines in value on an average Wednesday with -1.18%. However, the uncertainty (or standard deviation) is quite large, namely 5.95%. This means that it is not possible to say whether on a regular Wednesday the Orbs will increase or decrease in value.

On an average Thursday, the Orbs increased 0.37%. However, since the expected deviation is 3.97%, the Orbs will decline in value on a Thursday quiet regularly. The expected price change of the Orbs on a Thursday is between -3.60% and 4.35%.

Orbs increased in value on an average Friday only slightly. The average increase in value of the Orbs was 0.20%. 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 (4.13%). This means that on 68 percent of the Fridays, the change in price of the Orbs is expected to be in the range of -3.92% and 4.33%.

Allthough the Orbs decreases in value with -0.36% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Orbs on Saturdays is 3.02%. This means that the expected change of the value of Orbs is between -3.39% and 2.66% on 68 out of 100 Saturdays.

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 -0.66% 3.56% -4.22% to 2.90%
Monday -1.00% 5.15% -6.15% to 4.15%
Tuesday 0.88% 5.33% -4.45% to 6.21%
Wednesday -1.18% 5.95% -7.13% to 4.78%
Thursday 0.37% 3.97% -3.60% to 4.35%
Friday 0.20% 4.13% -3.92% to 4.33%
Saturday -0.36% 3.02% -3.39% to 2.66%
 

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