Current price: $ 0.21

24 hours price change: $ -0.0032 (-1.51%)

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 December 18th, 2017 to December 17th, 2018.

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 12/18/2017 and 12/17/2018.

According to the performance of ICON between December 18th, 2017 and December 17th, 2018, ICON performed the best on Fridays. On average, the price of ICON increased inf% on Friday.

The weekday on which the ICON performed the worst, is Tuesday. On Tuesdays, the ICON declined in value on average by -1.18%.

ICON weekday performance

On an average Sunday the ICON shows an increase in value of 1.26%. However, the change of ICON on most of the Sundays is between -8.64% and 11.15%. Therefore it is hard to tell whether an average Sunday is a good day to start buying ICONs.

On Mondays, the ICON decreases in value on average with -0.63%. On most of the Mondays the ICON decreases in value between -5.07% and 3.80%. The uncertainty (4.43%) is higher than the average decline percentage (-0.63%). Therefore, expected range of price changes of the ICON on Mondays is large.

The ICON declines in value on an average Tuesday with -1.18%. However, the uncertainty (or standard deviation) is quite large, namely 4.21%. This means that it is not possible to say whether on a regular Tuesday the ICON will increase or decrease in value.

It is hard to tell whether the ICON will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the ICON is -0.21%. However, the standard deviation on this weekday is 6.14%. This means that on most Wednesdays, the change in value of the ICON is between -6.35% and 5.93%.

On an average Thursday, the ICON increased 0.41%. However, since the expected deviation is 5.47%, the ICON will decline in value on a Thursday quiet regularly. The expected price change of the ICON on a Thursday is between -5.06% and 5.89%.

On Fridays, the average increase of the value of the ICON is very high. The average increase is inf%. The standard deviation of the ICON on Fridays is nan%. This means that on 68% of the Fridays, the ICON increases between nan% and nan%. The uncertainty is therefore not very high, since on most Fridays, the value of the ICON will increase.

Allthough the ICON decreases in value with -0.50% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of ICON on Saturdays is 4.92%. This means that the expected change of the value of ICON is between -5.42% and 4.42% on 68 out of 100 Saturdays.

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
Sunday1.26%9.89%-8.64% to 11.15%
Monday-0.63%4.43%-5.07% to 3.80%
Tuesday-1.18%4.21%-5.39% to 3.03%
Wednesday-0.21%6.14%-6.35% to 5.93%
Thursday0.41%5.47%-5.06% to 5.89%
Fridayinf%nan%nan% to nan%
Saturday-0.50%4.92%-5.42% to 4.42%