Insight Chain (INB)

Current price: $ 0.83

24 hours price change: $ -0.02 (-1.89%)

Daily analysis of Insight Chain (INB) - 6 months

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 6 months, starting on December 13th, 2020 to January 4th, 2021.

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 12/13/2020 and 01/04/2021.

According to the performance of Insight Chain between December 13th, 2020 and January 4th, 2021, Insight Chain performed the best on Tuesdays. On average, the price of Insight Chain increased 3.95% on Tuesday.

The weekday on which the Insight Chain performed the worst, is Friday. On Fridays, the Insight Chain declined in value on average by -3.55%.

Insight Chain weekday performance

Allthough the Insight Chain decreases in value with -0.51% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Insight Chain on Sundays is 1.00%. This means that the expected change of the value of Insight Chain is between -1.51% and 0.49% on 68 out of 100 Sundays.

Historical performance on Monday do not show an increase in value of the Insight Chain on which a prediction can be made. The Insight Chain increased in value on average on an average Monday with 0.78%. However, the uncertainty of this increase is high. The expected change in value of the Insight Chain on a Monday is between -0.04% and 1.60% (see also the table below).

On Tuesdays, the average increase of the value of the Insight Chain is very high. The average increase is 3.95%. The standard deviation of the Insight Chain on Tuesdays is 2.81%. This means that on 68% of the Tuesdays, the Insight Chain increases between 1.14% and 6.76%. The uncertainty is therefore not very high, since on most Tuesdays, the value of the Insight Chain will increase.

On an average Wednesday the Insight Chain shows an increase in value of 1.16%. However, the change of Insight Chain on most of the Wednesdays is between -0.29% and 2.60%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Insight Chains.

Historical performance on Thursday do not show an increase in value of the Insight Chain on which a prediction can be made. The Insight Chain increased in value on average on an average Thursday with 0.60%. However, the uncertainty of this increase is high. The expected change in value of the Insight Chain on a Thursday is between -2.68% and 3.88% (see also the table below).

The decrease in value of the Insight Chain is -3.55% on an average Friday. The uncertainty of the average change is high for the Insight Chain on Fridays. This means that it is hard to tell whether the Insight Chain will decrease or increase in value on an average Friday. If we look at the 68% range of the Insight Chain, we see that on 68% of the Fridays, the expected change of the Insight Chain is between -8.58% and 1.47%.

Historical performance on Saturday do not show an increase in value of the Insight Chain on which a prediction can be made. The Insight Chain increased in value on average on an average Saturday with 0.64%. However, the uncertainty of this increase is high. The expected change in value of the Insight Chain on a Saturday is between -0.82% and 2.11% (see also the table below).

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 -0.51% 1.00% -1.51% to 0.49%
Monday 0.78% 0.82% -0.04% to 1.60%
Tuesday 3.95% 2.81% 1.14% to 6.76%
Wednesday 1.16% 1.44% -0.29% to 2.60%
Thursday 0.60% 3.28% -2.68% to 3.88%
Friday -3.55% 5.03% -8.58% to 1.47%
Saturday 0.64% 1.47% -0.82% to 2.11%
 

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