The performance of IOST regarding the price differs every day. To make the best decision to buy IOST, we are analysis in this article the performance of IOST on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on May 8th, 2018 to June 3rd, 2023.
In the barchart below, the weekdays and average performance of IOST are shown side by side.
According to the performance of IOST between May 8th, 2018 and June 3rd, 2023, IOST performed the best on Saturdays. On average, the price of IOST increased 0.56% on Saturday.
The weekday on which the IOST performed the worst, is Friday. On Fridays, the IOST declined in value on average by -0.31%.
IOST weekday performance
It is hard to tell whether the IOST will increase or decrease in value on an average Sunday. The average change on a Sunday for the IOST is -0.23%. However, the standard deviation on this weekday is 5.01%. This means that on most Sundays, the change in value of the IOST is between -5.25% and 4.78%.
IOST increased in value on an average Monday only slightly. The average increase in value of the IOST was 0.16%. Allthough the IOST closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (4.98%). This means that on 68 percent of the Mondays, the change in price of the IOST is expected to be in the range of -4.82% and 5.14%.
IOST increased in value on an average Tuesday only slightly. The average increase in value of the IOST was 0.05%. Allthough the IOST closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (5.60%). This means that on 68 percent of the Tuesdays, the change in price of the IOST is expected to be in the range of -5.55% and 5.65%.
IOST increased in value on an average Wednesday only slightly. The average increase in value of the IOST was 0.07%. Allthough the IOST closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (4.87%). This means that on 68 percent of the Wednesdays, the change in price of the IOST is expected to be in the range of -4.80% and 4.94%.
It is hard to tell whether the IOST will increase or decrease in value on an average Thursday. The average change on a Thursday for the IOST is -0.23%. However, the standard deviation on this weekday is 5.55%. This means that on most Thursdays, the change in value of the IOST is between -5.78% and 5.31%.
Allthough the IOST decreases in value with -0.31% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of IOST on Fridays is 6.26%. This means that the expected change of the value of IOST is between -6.57% and 5.96% on 68 out of 100 Fridays.
On an average Saturday, the IOST increased 0.56%. However, since the expected deviation is 5.87%, the IOST will decline in value on a Saturday quiet regularly. The expected price change of the IOST on a Saturday is between -5.31% and 6.43%.
IOST weekday performance details
Find below the details of the performance of IOST 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% | 5.01% | -5.25% to 4.78% |
| Monday | 0.16% | 4.98% | -4.82% to 5.14% |
| Tuesday | 0.05% | 5.60% | -5.55% to 5.65% |
| Wednesday | 0.07% | 4.87% | -4.80% to 4.94% |
| Thursday | -0.23% | 5.55% | -5.78% to 5.31% |
| Friday | -0.31% | 6.26% | -6.57% to 5.96% |
| Saturday | 0.56% | 5.87% | -5.31% to 6.43% |