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 December 28th, 2021 to January 28th, 2022.
In the barchart below, the weekdays and average performance of IOST are shown side by side.
According to the performance of IOST between December 28th, 2021 and January 28th, 2022, IOST performed the best on Saturdays. On average, the price of IOST increased 1.82% on Saturday.
The weekday on which the IOST performed the worst, is Tuesday. On Tuesdays, the IOST declined in value on average by -0.87%.
IOST weekday performance
On an average Sunday the IOST shows an increase in value of 1.45%. However, the change of IOST on most of the Sundays is between -1.11% and 4.02%. Therefore it is hard to tell whether an average Sunday is a good day to start buying IOSTs.
On Mondays, the IOST decreases in value on average with -0.82%. On most of the Mondays the IOST decreases in value between -1.16% and -0.48%. The uncertainty (0.34%) is higher than the average decline percentage (-0.82%). Therefore, expected range of price changes of the IOST on Mondays is large.
On Tuesdays, the IOST decreases in value on average with -0.87%. On most of the Tuesdays the IOST decreases in value between -2.40% and 0.67%. The uncertainty (1.53%) is higher than the average decline percentage (-0.87%). Therefore, expected range of price changes of the IOST on Tuesdays is large.
Allthough the IOST decreases in value with -0.57% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of IOST on Wednesdays is 1.29%. This means that the expected change of the value of IOST is between -1.85% and 0.72% on 68 out of 100 Wednesdays.
Historical performance on Thursday do not show an increase in value of the IOST on which a prediction can be made. The IOST increased in value on average on an average Thursday with 0.65%. However, the uncertainty of this increase is high. The expected change in value of the IOST on a Thursday is between -0.14% and 1.44% (see also the table below).
On Fridays, the IOST decreases in value on average with -0.64%. On most of the Fridays the IOST decreases in value between -2.04% and 0.76%. The uncertainty (1.40%) is higher than the average decline percentage (-0.64%). Therefore, expected range of price changes of the IOST on Fridays is large.
On an average Saturday the IOST shows a high increase in value, namely 1.82%. The standard deviation is below the average increase percentage (standard deviation is 0.70%), meaning that on 68% of the Saturdays the IOST will increase with a percentage between 1.12% and 2.52%. This also means that, on average, on 16 percent of the Saturdays, the IOST will increase with a percentage above this range. On the other 16% of the Saturdays, the IOST will change with a percentage below the 1.12%.
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||1.45%||2.56%||-1.11% to 4.02%|
|Monday||-0.82%||0.34%||-1.16% to -0.48%|
|Tuesday||-0.87%||1.53%||-2.40% to 0.67%|
|Wednesday||-0.57%||1.29%||-1.85% to 0.72%|
|Thursday||0.65%||0.79%||-0.14% to 1.44%|
|Friday||-0.64%||1.40%||-2.04% to 0.76%|
|Saturday||1.82%||0.70%||1.12% to 2.52%|