IOST (IOST)

Current price: $ 0.006508

24 hours price change: $ -0.000099 (-1.50%)

Daily analysis of IOST (IOST) - 6 months

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 6 months, starting on May 17th, 2019 to November 16th, 2019.

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 05/17/2019 and 11/16/2019.

According to the performance of IOST between May 17th, 2019 and November 16th, 2019, IOST performed the best on Saturdays. On average, the price of IOST increased 1.06% on Saturday.

The weekday on which the IOST performed the worst, is Thursday. On Thursdays, the IOST declined in value on average by -1.49%.

IOST weekday performance

Allthough the IOST decreases in value with -0.44% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of IOST on Sundays is 4.94%. This means that the expected change of the value of IOST is between -5.38% and 4.49% on 68 out of 100 Sundays.

On an average Monday, the IOST increased 0.59%. However, since the expected deviation is 4.98%, the IOST will decline in value on a Monday quiet regularly. The expected price change of the IOST on a Monday is between -4.38% and 5.57%.

The IOST declines in value on an average Tuesday with -1.47%. However, the uncertainty (or standard deviation) is quite large, namely 4.18%. This means that it is not possible to say whether on a regular Tuesday the IOST will increase or decrease in value.

Allthough the IOST decreases in value with -0.47% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of IOST on Wednesdays is 4.70%. This means that the expected change of the value of IOST is between -5.16% and 4.23% on 68 out of 100 Wednesdays.

The IOST declines in value on an average Thursday with -1.49%. However, the uncertainty (or standard deviation) is quite large, namely 4.92%. This means that it is not possible to say whether on a regular Thursday the IOST will increase or decrease in value.

IOST increased in value on an average Friday only slightly. The average increase in value of the IOST was 0.11%. 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 (3.79%). This means that on 68 percent of the Fridays, the change in price of the IOST is expected to be in the range of -3.67% and 3.90%.

On an average Saturday the IOST shows an increase in value of 1.06%. However, the change of IOST on most of the Saturdays is between -4.26% and 6.38%. Therefore it is hard to tell whether an average Saturday is a good day to start buying IOSTs.

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 -0.44% 4.94% -5.38% to 4.49%
Monday 0.59% 4.98% -4.38% to 5.57%
Tuesday -1.47% 4.18% -5.65% to 2.72%
Wednesday -0.47% 4.70% -5.16% to 4.23%
Thursday -1.49% 4.92% -6.41% to 3.43%
Friday 0.11% 3.79% -3.67% to 3.90%
Saturday 1.06% 5.32% -4.26% to 6.38%