IOST (IOST)

Current price: $ 0.05

24 hours price change: $ 0.004168 (9.84%)

Daily analysis of IOST (IOST) - 1 month

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 1 month, starting on February 4th, 2021 to March 4th, 2021.

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

Average daily change in price of IOST per weekday between 02/04/2021 and 03/04/2021.

According to the performance of IOST between February 4th, 2021 and March 4th, 2021, IOST performed the best on Saturdays. On average, the price of IOST increased 6.85% on Saturday.

The weekday on which the IOST performed the worst, is Tuesday. On Tuesdays, the IOST declined in value on average by -1.82%.

IOST weekday performance

The IOST declines in value on an average Sunday with -1.63%. However, the uncertainty (or standard deviation) is quite large, namely 7.68%. This means that it is not possible to say whether on a regular Sunday the IOST will increase or decrease in value.

It is hard to tell whether the IOST will increase or decrease in value on an average Monday. The average change on a Monday for the IOST is -0.03%. However, the standard deviation on this weekday is 2.40%. This means that on most Mondays, the change in value of the IOST is between -2.42% and 2.37%.

The IOST declines in value on an average Tuesday with -1.82%. However, the uncertainty (or standard deviation) is quite large, namely 2.01%. This means that it is not possible to say whether on a regular Tuesday the IOST will increase or decrease in value.

The increase in value of the IOST is 4.67% on an average Wednesday. However, the uncertainty on the average change is high for the IOST on Wednesdays. This is the reason why an expected increase of the IOST on an average Wednesday cannot be predicted. The standard deviation for IOST on Wednesdays is high, namely 7.61%. This means that the expected range of value change for the IOST is -2.94% and 12.28% on 68% of the Wednesdays.

IOST increased in value on an average Thursday only slightly. The average increase in value of the IOST was 0.14%. 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 (3.58%). This means that on 68 percent of the Thursdays, the change in price of the IOST is expected to be in the range of -3.43% and 3.72%.

It is hard to tell whether the IOST will increase or decrease in value on an average Friday. The average change on a Friday for the IOST is -0.05%. However, the standard deviation on this weekday is 8.18%. This means that on most Fridays, the change in value of the IOST is between -8.23% and 8.13%.

On Saturdays, the average increase of the value of the IOST is very high. The average increase is 6.85%. The standard deviation of the IOST on Saturdays is 5.31%. This means that on 68% of the Saturdays, the IOST increases between 1.54% and 12.15%. The uncertainty is therefore not very high, since on most Saturdays, the value of the IOST will increase.

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 -1.63% 7.68% -9.30% to 6.05%
Monday -0.03% 2.40% -2.42% to 2.37%
Tuesday -1.82% 2.01% -3.84% to 0.19%
Wednesday 4.67% 7.61% -2.94% to 12.28%
Thursday 0.14% 3.58% -3.43% to 3.72%
Friday -0.05% 8.18% -8.23% to 8.13%
Saturday 6.85% 5.31% 1.54% to 12.15%
 

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