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 June 10th, 2023 to December 10th, 2023.
In the barchart below, the weekdays and average performance of IOST are shown side by side.
According to the performance of IOST between June 10th, 2023 and December 10th, 2023, IOST performed the best on Fridays. On average, the price of IOST increased 0.53% on Friday.
The weekday on which the IOST performed the worst, is Wednesday. On Wednesdays, the IOST declined in value on average by -0.14%.
IOST weekday performance
IOST increased in value on an average Sunday only slightly. The average increase in value of the IOST was 0.12%. 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 (0.71%). This means that on 68 percent of the Sundays, the change in price of the IOST is expected to be in the range of -0.59% and 0.82%.
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 -0.06%. However, the standard deviation on this weekday is 0.74%. This means that on most Mondays, the change in value of the IOST is between -0.80% and 0.68%.
IOST increased in value on an average Tuesday only slightly. The average increase in value of the IOST was 0.12%. 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 (1.20%). This means that on 68 percent of the Tuesdays, the change in price of the IOST is expected to be in the range of -1.08% and 1.32%.
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 -0.14%. However, the standard deviation on this weekday is 1.16%. This means that on most Wednesdays, the change in value of the IOST is between -1.30% and 1.02%.
It is hard to tell whether the IOST will increase or decrease in value on an average Thursday. The average change on a Thursday for the IOST is -0.03%. However, the standard deviation on this weekday is 1.08%. This means that on most Thursdays, the change in value of the IOST is between -1.11% and 1.04%.
On an average Friday, the IOST increased 0.53%. However, since the expected deviation is 2.25%, the IOST will decline in value on a Friday quiet regularly. The expected price change of the IOST on a Friday is between -1.72% and 2.78%.
It is hard to tell whether the IOST will increase or decrease in value on an average Saturday. The average change on a Saturday for the IOST is -0.08%. However, the standard deviation on this weekday is 0.66%. This means that on most Saturdays, the change in value of the IOST is between -0.74% and 0.58%.
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 | 0.12% | 0.71% | -0.59% to 0.82% |
| Monday | -0.06% | 0.74% | -0.80% to 0.68% |
| Tuesday | 0.12% | 1.20% | -1.08% to 1.32% |
| Wednesday | -0.14% | 1.16% | -1.30% to 1.02% |
| Thursday | -0.03% | 1.08% | -1.11% to 1.04% |
| Friday | 0.53% | 2.25% | -1.72% to 2.78% |
| Saturday | -0.08% | 0.66% | -0.74% to 0.58% |