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 August 24th, 2023 to September 24th, 2023.
In the barchart below, the weekdays and average performance of IOST are shown side by side.
According to the performance of IOST between August 24th, 2023 and September 24th, 2023, IOST performed the best on Thursdays. On average, the price of IOST increased 0.09% on Thursday.
The weekday on which the IOST performed the worst, is Tuesday. On Tuesdays, the IOST declined in value on average by -0.63%.
IOST weekday performance
IOST increased in value on an average Sunday only slightly. The average increase in value of the IOST was 0.00%. 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 (0.01%). This means that on 68 percent of the Sundays, the change in price of the IOST is expected to be in the range of -0.01% and 0.01%.
IOST increased in value on an average Monday only slightly. The average increase in value of the IOST was 0.01%. 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 (0.01%). This means that on 68 percent of the Mondays, the change in price of the IOST is expected to be in the range of 0.00% and 0.01%.
On Tuesdays, the IOST decreases in value on average with -0.63%. On most of the Tuesdays the IOST decreases in value between -2.40% and 1.14%. The uncertainty (1.77%) is higher than the average decline percentage (-0.63%). Therefore, expected range of price changes of the IOST on Tuesdays is large.
It is hard to tell whether the IOST will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the IOST is -0.02%. However, the standard deviation on this weekday is 0.03%. This means that on most Wednesdays, the change in value of the IOST is between -0.05% and 0.01%.
IOST increased in value on an average Thursday only slightly. The average increase in value of the IOST was 0.09%. 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 (0.19%). This means that on 68 percent of the Thursdays, the change in price of the IOST is expected to be in the range of -0.10% and 0.28%.
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 -0.12%. However, the standard deviation on this weekday is 0.26%. This means that on most Fridays, the change in value of the IOST is between -0.38% and 0.14%.
IOST increased in value on an average Saturday only slightly. The average increase in value of the IOST was 0.02%. 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 (0.03%). This means that on 68 percent of the Saturdays, the change in price of the IOST is expected to be in the range of -0.01% and 0.05%.
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 | 0.00% | 0.01% | -0.01% to 0.01% |
| Monday | 0.01% | 0.01% | 0.00% to 0.01% |
| Tuesday | -0.63% | 1.77% | -2.40% to 1.14% |
| Wednesday | -0.02% | 0.03% | -0.05% to 0.01% |
| Thursday | 0.09% | 0.19% | -0.10% to 0.28% |
| Friday | -0.12% | 0.26% | -0.38% to 0.14% |
| Saturday | 0.02% | 0.03% | -0.01% to 0.05% |