IOST (IOST)

Current price: $ 0.04

24 hours price change: $ -0.003383 (-8.20%)

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 27th, 2021 to November 27th, 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 05/27/2021 and 11/27/2021.

According to the performance of IOST between May 27th, 2021 and November 27th, 2021, IOST performed the best on Wednesdays. On average, the price of IOST increased 2.02% on Wednesday.

The weekday on which the IOST performed the worst, is Friday. On Fridays, the IOST declined in value on average by -0.77%.

IOST weekday performance

On an average Sunday, the IOST increased 0.51%. However, since the expected deviation is 1.20%, the IOST will decline in value on a Sunday quiet regularly. The expected price change of the IOST on a Sunday is between -0.69% and 1.71%.

IOST increased in value on an average Monday only slightly. The average increase in value of the IOST was 0.20%. 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 (2.24%). This means that on 68 percent of the Mondays, the change in price of the IOST is expected to be in the range of -2.04% and 2.45%.

IOST increased in value on an average Tuesday only slightly. The average increase in value of the IOST was 0.23%. 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 (2.56%). This means that on 68 percent of the Tuesdays, the change in price of the IOST is expected to be in the range of -2.33% and 2.79%.

On an average Wednesday the IOST shows an increase in value of 2.02%. However, the change of IOST on most of the Wednesdays is between -3.72% and 7.76%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying IOSTs.

IOST increased in value on an average Thursday 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 (3.56%). This means that on 68 percent of the Thursdays, the change in price of the IOST is expected to be in the range of -3.54% and 3.57%.

On Fridays, the IOST decreases in value on average with -0.77%. On most of the Fridays the IOST decreases in value between -4.68% and 3.14%. The uncertainty (3.91%) is higher than the average decline percentage (-0.77%). Therefore, expected range of price changes of the IOST on Fridays is large.

IOST increased in value on an average Saturday only slightly. The average increase in value of the IOST was 0.08%. 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 (0.95%). This means that on 68 percent of the Saturdays, the change in price of the IOST is expected to be in the range of -0.88% and 1.03%.

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 0.51% 1.20% -0.69% to 1.71%
Monday 0.20% 2.24% -2.04% to 2.45%
Tuesday 0.23% 2.56% -2.33% to 2.79%
Wednesday 2.02% 5.74% -3.72% to 7.76%
Thursday 0.01% 3.56% -3.54% to 3.57%
Friday -0.77% 3.91% -4.68% to 3.14%
Saturday 0.08% 0.95% -0.88% to 1.03%
 

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