ICON (ICX)

Current price: $ 1.99

24 hours price change: $ -0.03 (-1.39%)

Daily analysis of ICON (ICX) - 6 months

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 April 17th, 2021 to October 17th, 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 04/17/2021 and 10/17/2021.

According to the performance of ICON between April 17th, 2021 and October 17th, 2021, ICON performed the best on Wednesdays. On average, the price of ICON increased 1.32% on Wednesday.

The weekday on which the ICON performed the worst, is Friday. On Fridays, the ICON declined in value on average by -0.40%.

ICON weekday performance

ICON increased in value on an average Sunday only slightly. The average increase in value of the ICON was 0.23%. 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 (0.87%). This means that on 68 percent of the Sundays, the change in price of the ICON is expected to be in the range of -0.63% and 1.10%.

Historical performance on Monday 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 Monday with 0.79%. However, the uncertainty of this increase is high. The expected change in value of the ICON on a Monday is between -2.61% and 4.19% (see also the table below).

On an average Tuesday the ICON shows an increase in value of 1.20%. However, the change of ICON on most of the Tuesdays is between -2.30% and 4.70%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying ICONs.

On an average Wednesday the ICON shows an increase in value of 1.32%. However, the change of ICON on most of the Wednesdays is between -2.55% and 5.19%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying ICONs.

ICON increased in value on an average Thursday only slightly. The average increase in value of the ICON was 0.09%. 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 (2.25%). This means that on 68 percent of the Thursdays, the change in price of the ICON is expected to be in the range of -2.16% and 2.35%.

Allthough the ICON decreases in value with -0.40% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of ICON on Fridays is 3.74%. This means that the expected change of the value of ICON is between -4.14% and 3.34% on 68 out of 100 Fridays.

It is hard to tell whether the ICON will increase or decrease in value on an average Saturday. The average change on a Saturday for the ICON is -0.21%. However, the standard deviation on this weekday is 1.13%. This means that on most Saturdays, the change in value of the ICON is between -1.34% and 0.91%.

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 0.23% 0.87% -0.63% to 1.10%
Monday 0.79% 3.40% -2.61% to 4.19%
Tuesday 1.20% 3.50% -2.30% to 4.70%
Wednesday 1.32% 3.87% -2.55% to 5.19%
Thursday 0.09% 2.25% -2.16% to 2.35%
Friday -0.40% 3.74% -4.14% to 3.34%
Saturday -0.21% 1.13% -1.34% to 0.91%
 

About Us

We use cookies on our website. Some of them are essential for the operation of the site, while others help us to improve this site and the user experience (tracking cookies). You can decide for yourself whether you want to allow cookies or not. Please note that if you reject them, you may not be able to use all the functionalities of the site.