ICON (ICX)

Current price: $ 0.22

24 hours price change: $ 0.0037 (1.71%)

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 June 9th, 2018 to December 8th, 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 06/09/2018 and 12/08/2018.

According to the performance of ICON between June 9th, 2018 and December 8th, 2018, ICON performed the best on Thursdays. On average, the price of ICON increased 0.28% on Thursday.

The weekday on which the ICON performed the worst, is Wednesday. On Wednesdays, the ICON declined in value on average by -1.63%.

ICON weekday performance

Allthough the ICON decreases in value with -0.46% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of ICON on Sundays is 4.01%. This means that the expected change of the value of ICON is between -4.47% and 3.54% 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 0.06%. 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 (4.13%). This means that on 68 percent of the Mondays, the change in price of the ICON is expected to be in the range of -4.07% and 4.19%.

The ICON declines in value on an average Tuesday with -1.33%. However, the uncertainty (or standard deviation) is quite large, namely 4.62%. This means that it is not possible to say whether on a regular Tuesday the ICON will increase or decrease in value.

The ICON declines in value on an average Wednesday with -1.63%. However, the uncertainty (or standard deviation) is quite large, namely 4.81%. This means that it is not possible to say whether on a regular Wednesday the ICON will increase or decrease in value.

ICON increased in value on an average Thursday only slightly. The average increase in value of the ICON was 0.28%. 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 (4.80%). This means that on 68 percent of the Thursdays, the change in price of the ICON is expected to be in the range of -4.52% and 5.08%.

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 -0.03%. However, the standard deviation on this weekday is 3.97%. This means that on most Fridays, the change in value of the ICON is between -4.00% and 3.94%.

The ICON declines in value on an average Saturday with -1.05%. However, the uncertainty (or standard deviation) is quite large, namely 4.48%. This means that it is not possible to say whether on a regular Saturday the ICON will increase or decrease in value.

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-0.46%4.01%-4.47% to 3.54%
Monday0.06%4.13%-4.07% to 4.19%
Tuesday-1.33%4.62%-5.95% to 3.29%
Wednesday-1.63%4.81%-6.44% to 3.17%
Thursday0.28%4.80%-4.52% to 5.08%
Friday-0.03%3.97%-4.00% to 3.94%
Saturday-1.05%4.48%-5.53% to 3.43%