ICON (ICX)

Current price: $ 2.21

24 hours price change: $ -0.14 (-5.92%)

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 March 19th, 2021 to April 19th, 2021.

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 03/19/2021 and 04/19/2021.

According to the performance of ICON between March 19th, 2021 and April 19th, 2021, ICON performed the best on Wednesdays. On average, the price of ICON increased 4.20% on Wednesday.

The weekday on which the ICON performed the worst, is Thursday. On Thursdays, the ICON declined in value on average by -1.10%.

ICON weekday performance

On an average Sunday the ICON shows an increase in value of 1.66%. However, the change of ICON on most of the Sundays is between -1.31% and 4.64%. Therefore it is hard to tell whether an average Sunday is a good day to start buying ICONs.

On an average Monday the ICON shows an increase in value of 1.51%. However, the change of ICON on most of the Mondays is between -2.84% and 5.87%. Therefore it is hard to tell whether an average Monday is a good day to start buying ICONs.

On an average Tuesday the ICON shows an increase in value of 1.43%. However, the change of ICON on most of the Tuesdays is between -0.18% and 3.05%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying ICONs.

The increase in value of the ICON is 4.20% on an average Wednesday. However, the uncertainty on the average change is high for the ICON on Wednesdays. This is the reason why an expected increase of the ICON on an average Wednesday cannot be predicted. The standard deviation for ICON on Wednesdays is high, namely 5.65%. This means that the expected range of value change for the ICON is -1.46% and 9.85% on 68% of the Wednesdays.

The ICON declines in value on an average Thursday with -1.10%. However, the uncertainty (or standard deviation) is quite large, namely 2.03%. This means that it is not possible to say whether on a regular Thursday the ICON will increase or decrease in value.

On an average Friday the ICON shows an increase in value of 2.49%. However, the change of ICON on most of the Fridays is between -2.64% and 7.63%. Therefore it is hard to tell whether an average Friday is a good day to start buying ICONs.

On an average Saturday the ICON shows an increase in value of 1.44%. However, the change of ICON on most of the Saturdays is between -1.24% and 4.11%. Therefore it is hard to tell whether an average Saturday is a good day to start buying ICONs.

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.

Weekday Average change (%) Standard deviation (%) 68% range
Sunday 1.66% 2.98% -1.31% to 4.64%
Monday 1.51% 4.36% -2.84% to 5.87%
Tuesday 1.43% 1.61% -0.18% to 3.05%
Wednesday 4.20% 5.65% -1.46% to 9.85%
Thursday -1.10% 2.03% -3.12% to 0.93%
Friday 2.49% 5.13% -2.64% to 7.63%
Saturday 1.44% 2.68% -1.24% to 4.11%
 

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