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 6 months, starting on November 28th, 2022 to May 28th, 2023.
In the barchart below, the weekdays and average performance of ICON are shown side by side.
According to the performance of ICON between November 28th, 2022 and May 28th, 2023, ICON performed the best on Tuesdays. On average, the price of ICON increased 0.89% on Tuesday.
The weekday on which the ICON performed the worst, is Sunday. On Sundays, the ICON declined in value on average by -0.42%.
ICON weekday performance
Allthough the ICON decreases in value with -0.42% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of ICON on Sundays is 1.67%. This means that the expected change of the value of ICON is between -2.09% and 1.25% on 68 out of 100 Sundays.
ICON increased in value on an average Monday only slightly. The average increase in value of the ICON was 0.03%. 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 (1.11%). This means that on 68 percent of the Mondays, the change in price of the ICON is expected to be in the range of -1.07% and 1.14%.
Historical performance on Tuesday 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 Tuesday with 0.89%. However, the uncertainty of this increase is high. The expected change in value of the ICON on a Tuesday is between -4.56% and 6.34% (see also the table below).
On an average Wednesday, the ICON increased 0.40%. However, since the expected deviation is 2.66%, the ICON will decline in value on a Wednesday quiet regularly. The expected price change of the ICON on a Wednesday is between -2.26% and 3.06%.
ICON increased in value on an average Thursday only slightly. The average increase in value of the ICON was 0.27%. 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 (1.53%). This means that on 68 percent of the Thursdays, the change in price of the ICON is expected to be in the range of -1.26% and 1.79%.
Allthough the ICON decreases in value with -0.35% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of ICON on Fridays is 1.04%. This means that the expected change of the value of ICON is between -1.39% and 0.68% on 68 out of 100 Fridays.
ICON increased in value on an average Saturday only slightly. The average increase in value of the ICON was 0.12%. 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 (0.70%). This means that on 68 percent of the Saturdays, the change in price of the ICON is expected to be in the range of -0.57% and 0.82%.
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 | -0.42% | 1.67% | -2.09% to 1.25% |
| Monday | 0.03% | 1.11% | -1.07% to 1.14% |
| Tuesday | 0.89% | 5.45% | -4.56% to 6.34% |
| Wednesday | 0.40% | 2.66% | -2.26% to 3.06% |
| Thursday | 0.27% | 1.53% | -1.26% to 1.79% |
| Friday | -0.35% | 1.04% | -1.39% to 0.68% |
| Saturday | 0.12% | 0.70% | -0.57% to 0.82% |