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 6 months, starting on April 2nd, 2023 to October 2nd, 2023.
In the barchart below, the weekdays and average performance of Orbs are shown side by side.
According to the performance of Orbs between April 2nd, 2023 and October 2nd, 2023, Orbs performed the best on Sundays. On average, the price of Orbs increased 0.55% on Sunday.
The weekday on which the Orbs performed the worst, is Friday. On Fridays, the Orbs declined in value on average by -0.98%.
Orbs weekday performance
On an average Sunday, the Orbs increased 0.55%. However, since the expected deviation is 1.73%, the Orbs will decline in value on a Sunday quiet regularly. The expected price change of the Orbs on a Sunday is between -1.17% and 2.28%.
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 2.60%. This means that the expected change of the value of Orbs is between -2.94% and 2.26% on 68 out of 100 Mondays.
It is hard to tell whether the Orbs will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Orbs is -0.14%. However, the standard deviation on this weekday is 1.09%. This means that on most Tuesdays, the change in value of the Orbs is between -1.23% and 0.94%.
On an average Wednesday, the Orbs increased 0.33%. However, since the expected deviation is 3.41%, the Orbs will decline in value on a Wednesday quiet regularly. The expected price change of the Orbs on a Wednesday is between -3.08% and 3.74%.
It is hard to tell whether the Orbs will increase or decrease in value on an average Thursday. The average change on a Thursday for the Orbs is -0.13%. However, the standard deviation on this weekday is 1.19%. This means that on most Thursdays, the change in value of the Orbs is between -1.32% and 1.07%.
On Fridays, the Orbs decreases in value on average with -0.98%. On most of the Fridays the Orbs decreases in value between -4.91% and 2.95%. The uncertainty (3.93%) is higher than the average decline percentage (-0.98%). Therefore, expected range of price changes of the Orbs on Fridays is large.
Allthough the Orbs decreases in value with -0.43% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Orbs on Saturdays is 2.24%. This means that the expected change of the value of Orbs is between -2.67% and 1.81% 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||0.55%||1.73%||-1.17% to 2.28%|
|Monday||-0.34%||2.60%||-2.94% to 2.26%|
|Tuesday||-0.14%||1.09%||-1.23% to 0.94%|
|Wednesday||0.33%||3.41%||-3.08% to 3.74%|
|Thursday||-0.13%||1.19%||-1.32% to 1.07%|
|Friday||-0.98%||3.93%||-4.91% to 2.95%|
|Saturday||-0.43%||2.24%||-2.67% to 1.81%|