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 1st, 2023 to December 1st, 2023.
In the barchart below, the weekdays and average performance of ICON are shown side by side.
According to the performance of ICON between June 1st, 2023 and December 1st, 2023, ICON performed the best on Fridays. On average, the price of ICON increased 0.04% on Friday.
The weekday on which the ICON performed the worst, is Sunday. On Sundays, the ICON declined in value on average by -0.17%.
ICON weekday performance
It is hard to tell whether the ICON will increase or decrease in value on an average Sunday. The average change on a Sunday for the ICON is -0.17%. However, the standard deviation on this weekday is 0.82%. This means that on most Sundays, the change in value of the ICON is between -0.99% and 0.65%.
It is hard to tell whether the ICON will increase or decrease in value on an average Monday. The average change on a Monday for the ICON is -0.07%. However, the standard deviation on this weekday is 0.32%. This means that on most Mondays, the change in value of the ICON is between -0.39% and 0.24%.
ICON increased in value on an average Tuesday only slightly. The average increase in value of the ICON was 0.01%. 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 (0.98%). This means that on 68 percent of the Tuesdays, the change in price of the ICON is expected to be in the range of -0.96% and 0.99%.
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 -0.06%. However, the standard deviation on this weekday is 0.37%. This means that on most Wednesdays, the change in value of the ICON is between -0.42% and 0.31%.
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 -0.01%. However, the standard deviation on this weekday is 0.84%. This means that on most Thursdays, the change in value of the ICON is between -0.85% and 0.83%.
ICON increased in value on an average Friday only slightly. The average increase in value of the ICON was 0.04%. 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 (0.75%). This means that on 68 percent of the Fridays, the change in price of the ICON is expected to be in the range of -0.71% and 0.78%.
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 -0.05%. However, the standard deviation on this weekday is 0.58%. This means that on most Saturdays, the change in value of the ICON is between -0.64% and 0.53%.
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 | -0.17% | 0.82% | -0.99% to 0.65% |
Monday | -0.07% | 0.32% | -0.39% to 0.24% |
Tuesday | 0.01% | 0.98% | -0.96% to 0.99% |
Wednesday | -0.06% | 0.37% | -0.42% to 0.31% |
Thursday | -0.01% | 0.84% | -0.85% to 0.83% |
Friday | 0.04% | 0.75% | -0.71% to 0.78% |
Saturday | -0.05% | 0.58% | -0.64% to 0.53% |