ICON (ICX)

Current price: $ 0.24

24 hours price change: $ -0.0055 (-2.20%)

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 January 18th, 2019 to February 17th, 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 01/18/2019 and 02/17/2019.

According to the performance of ICON between January 18th, 2019 and February 17th, 2019, ICON performed the best on Wednesdays. On average, the price of ICON increased 1.74% on Wednesday.

The weekday on which the ICON performed the worst, is Thursday. On Thursdays, the ICON declined in value on average by -0.48%.

ICON weekday performance

It is hard to tell whether the ICON will increase or decrease in value on an average Sunday. The average change on a Sunday for the ICON is -0.11%. However, the standard deviation on this weekday is 0.52%. This means that on most Sundays, the change in value of the ICON is between -0.63% and 0.41%.

ICON increased in value on an average Monday only slightly. The average increase in value of the ICON was 0.24%. 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 (0.63%). This means that on 68 percent of the Mondays, the change in price of the ICON is expected to be in the range of -0.39% and 0.87%.

The average increase of the ICON on an average Tuesday is 0.34%. This is a small increase, however, the expected change of the ICON in 95% of the Tuesdays is -0.34% and 1.02%. This means that only on 2.5% (or slightly over 1 Tuesday per year) the expected change of the ICON is below -0.34%. On the other hand, you would not have to expect that the change on a single Tuesday will be above 1.02%. 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 0.00% and 0.68%.

On an average Wednesday the ICON shows an increase in value of 1.74%. However, the change of ICON on most of the Wednesdays is between -0.71% and 4.20%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying ICONs.

Allthough the ICON decreases in value with -0.48% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of ICON on Thursdays is 0.86%. This means that the expected change of the value of ICON is between -1.34% and 0.38% on 68 out of 100 Thursdays.

ICON increased in value on an average Friday 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 (0.24%). This means that on 68 percent of the Fridays, the change in price of the ICON is expected to be in the range of -0.10% and 0.38%.

ICON increased in value on an average Saturday only slightly. The average increase in value of the ICON was 0.02%. 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 (0.36%). This means that on 68 percent of the Saturdays, the change in price of the ICON is expected to be in the range of -0.34% and 0.37%.

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
Sunday-0.11%0.52%-0.63% to 0.41%
Monday0.24%0.63%-0.39% to 0.87%
Tuesday0.34%0.34%0.00% to 0.68%
Wednesday1.74%2.46%-0.71% to 4.20%
Thursday-0.48%0.86%-1.34% to 0.38%
Friday0.14%0.24%-0.10% to 0.38%
Saturday0.02%0.36%-0.34% to 0.37%