ICON (ICX)

Current price: $ 1.75

24 hours price change: $ -0.17 (-9.03%)

Daily analysis of ICON (ICX) - 1 year

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 year, starting on November 27th, 2020 to November 27th, 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 11/27/2020 and 11/27/2021.

According to the performance of ICON between November 27th, 2020 and November 27th, 2021, ICON performed the best on Wednesdays. On average, the price of ICON increased 0.54% on Wednesday.

The weekday on which the ICON performed the worst, is Thursday. On Thursdays, the ICON declined in value on average by -0.03%.

ICON weekday performance

ICON increased in value on an average Sunday only slightly. The average increase in value of the ICON was 0.29%. 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 (2.56%). This means that on 68 percent of the Sundays, the change in price of the ICON is expected to be in the range of -2.27% and 2.85%.

On an average Monday, the ICON increased 0.47%. However, since the expected deviation is 3.64%, the ICON will decline in value on a Monday quiet regularly. The expected price change of the ICON on a Monday is between -3.17% and 4.11%.

On an average Tuesday, the ICON increased 0.32%. However, since the expected deviation is 3.93%, the ICON will decline in value on a Tuesday quiet regularly. The expected price change of the ICON on a Tuesday is between -3.61% and 4.25%.

On an average Wednesday, the ICON increased 0.54%. However, since the expected deviation is 3.89%, the ICON will decline in value on a Wednesday quiet regularly. The expected price change of the ICON on a Wednesday is between -3.35% and 4.43%.

It is hard to tell whether the ICON will increase or decrease in value on an average Thursday. The average change on a Thursday for the ICON is -0.03%. However, the standard deviation on this weekday is 2.69%. This means that on most Thursdays, the change in value of the ICON is between -2.73% and 2.66%.

It is hard to tell whether the ICON will increase or decrease in value on an average Friday. The average change on a Friday for the ICON is -0.02%. However, the standard deviation on this weekday is 3.74%. This means that on most Fridays, the change in value of the ICON is between -3.75% and 3.72%.

On an average Saturday, the ICON increased 0.44%. However, since the expected deviation is 3.03%, the ICON will decline in value on a Saturday quiet regularly. The expected price change of the ICON on a Saturday is between -2.59% and 3.48%.

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 0.29% 2.56% -2.27% to 2.85%
Monday 0.47% 3.64% -3.17% to 4.11%
Tuesday 0.32% 3.93% -3.61% to 4.25%
Wednesday 0.54% 3.89% -3.35% to 4.43%
Thursday -0.03% 2.69% -2.73% to 2.66%
Friday -0.02% 3.74% -3.75% to 3.72%
Saturday 0.44% 3.03% -2.59% to 3.48%
 

About Us

: Financial indicators for cryptocurrencies