ICON (ICX)

Current price: $ 0.30

24 hours price change: $ -0.02 (-5.25%)

Daily analysis of ICON (ICX) - 1 month

The performance of ICON regarding the price differs every day. To make the best decision to buy ICON, we are analysis in this article the performance of ICON on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on June 16th, 2019 to July 15th, 2019.

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

Average daily change in price of ICON per weekday between 06/16/2019 and 07/15/2019.

According to the performance of ICON between June 16th, 2019 and July 15th, 2019, ICON performed the best on Mondays. On average, the price of ICON increased 0.67% on Monday.

The weekday on which the ICON performed the worst, is Thursday. On Thursdays, the ICON declined in value on average by -1.03%.

ICON weekday performance

The average increase of the ICON on an average Sunday is 0.37%. This is a small increase, however, the expected change of the ICON in 95% of the Sundays is -0.26% and 0.99%. This means that only on 2.5% (or slightly over 1 Sunday per year) the expected change of the ICON is below -0.26%. On the other hand, you would not have to expect that the change on a single Sunday will be above 0.99%. This will also only happen on 2.5% of the Sundays. On 68% of the Sundays, the increase of the ICON will be in the range of 0.06% and 0.68%.

Historical performance on Monday do not show an increase in value of the ICON on which a prediction can be made. The ICON increased in value on average on an average Monday with 0.67%. However, the uncertainty of this increase is high. The expected change in value of the ICON on a Monday is between -0.11% and 1.46% (see also the table below).

The average increase of the ICON on an average Tuesday is 0.31%. This is a small increase, however, the expected change of the ICON in 95% of the Tuesdays is -0.03% and 0.64%. This means that only on 2.5% (or slightly over 1 Tuesday per year) the expected change of the ICON is below -0.03%. On the other hand, you would not have to expect that the change on a single Tuesday will be above 0.64%. This will also only happen on 2.5% of the Tuesdays. On 68% of the Tuesdays, the increase of the ICON will be in the range of 0.14% and 0.48%.

ICON increased in value on an average Wednesday only slightly. The average increase in value of the ICON was 0.14%. Allthough the ICON closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.18%). This means that on 68 percent of the Wednesdays, the change in price of the ICON is expected to be in the range of -0.04% and 0.32%.

The ICON declines in value on an average Thursday with -1.03%. However, the uncertainty (or standard deviation) is quite large, namely 2.60%. This means that it is not possible to say whether on a regular Thursday the ICON will increase or decrease in value.

ICON increased in value on an average Friday only slightly. The average increase in value of the ICON was 0.05%. Allthough the ICON closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.45%). This means that on 68 percent of the Fridays, the change in price of the ICON is expected to be in the range of -0.40% and 0.50%.

On an average Saturday, the ICON increased 0.31%. However, since the expected deviation is 0.45%, the ICON will decline in value on a Saturday quiet regularly. The expected price change of the ICON on a Saturday is between -0.14% and 0.76%.

ICON weekday performance details

Find below the details of the performance of ICON 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.

WeekdayAverage change (%)Standard deviation (%)68% range
Sunday0.37%0.31%0.06% to 0.68%
Monday0.67%0.78%-0.11% to 1.46%
Tuesday0.31%0.17%0.14% to 0.48%
Wednesday0.14%0.18%-0.04% to 0.32%
Thursday-1.03%2.60%-3.63% to 1.56%
Friday0.05%0.45%-0.40% to 0.50%
Saturday0.31%0.45%-0.14% to 0.76%