Insight Chain (INB)

Current price: $ 0.58

24 hours price change: $ -0.004371 (-0.75%)

Daily analysis of Insight Chain (INB) - 1 month

The performance of Insight Chain regarding the price differs every day. To make the best decision to buy Insight Chain, we are analysis in this article the performance of Insight Chain on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on October 21st, 2019 to November 21st, 2019.

In the barchart below, the weekdays and average performance of Insight Chain are shown side by side.

Average daily change in price of Insight Chain per weekday between 10/21/2019 and 11/21/2019.

According to the performance of Insight Chain between October 21st, 2019 and November 21st, 2019, Insight Chain performed the best on Saturdays. On average, the price of Insight Chain increased 0.65% on Saturday.

The weekday on which the Insight Chain performed the worst, is Tuesday. On Tuesdays, the Insight Chain declined in value on average by -0.67%.

Insight Chain weekday performance

On an average Sunday, the Insight Chain increased 0.41%. However, since the expected deviation is 0.85%, the Insight Chain will decline in value on a Sunday quiet regularly. The expected price change of the Insight Chain on a Sunday is between -0.44% and 1.27%.

It is hard to tell whether the Insight Chain will increase or decrease in value on an average Monday. The average change on a Monday for the Insight Chain is -0.10%. However, the standard deviation on this weekday is 0.50%. This means that on most Mondays, the change in value of the Insight Chain is between -0.60% and 0.40%.

On Tuesdays, the Insight Chain decreases in value on average with -0.67%. On most of the Tuesdays the Insight Chain decreases in value between -1.24% and -0.10%. The uncertainty (0.57%) is higher than the average decline percentage (-0.67%). Therefore, expected range of price changes of the Insight Chain on Tuesdays is large.

It is hard to tell whether the Insight Chain will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Insight Chain is -0.09%. However, the standard deviation on this weekday is 0.30%. This means that on most Wednesdays, the change in value of the Insight Chain is between -0.40% and 0.21%.

On an average Thursday, the Insight Chain increased 0.51%. However, since the expected deviation is 1.16%, the Insight Chain will decline in value on a Thursday quiet regularly. The expected price change of the Insight Chain on a Thursday is between -0.66% and 1.67%.

The average increase of the Insight Chain on an average Friday is 0.47%. This is a small increase, however, the expected change of the Insight Chain in 95% of the Fridays is -0.19% and 1.13%. This means that only on 2.5% (or slightly over 1 Friday per year) the expected change of the Insight Chain is below -0.19%. On the other hand, you would not have to expect that the change on a single Friday will be above 1.13%. This will also only happen on 2.5% of the Fridays. On 68% of the Fridays, the increase of the Insight Chain will be in the range of 0.14% and 0.80%.

The expected range of change of the Insight Chain for an average Saturday is between 0.08% and 1.23%. This is the result of an average increase in value of 0.65% and a standard deviation of %STANDARD_DEVIATION%}. This expected increase of value is calculated over the last 1 month.

Insight Chain weekday performance details

Find below the details of the performance of Insight Chain 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 0.41% 0.85% -0.44% to 1.27%
Monday -0.10% 0.50% -0.60% to 0.40%
Tuesday -0.67% 0.57% -1.24% to -0.10%
Wednesday -0.09% 0.30% -0.40% to 0.21%
Thursday 0.51% 1.16% -0.66% to 1.67%
Friday 0.47% 0.33% 0.14% to 0.80%
Saturday 0.65% 0.58% 0.08% to 1.23%