IOTA (IOT)

Current price: $ 0.23

24 hours price change: $ 0.0078 (3.47%)

Daily analysis of IOTA (IOT) - all

The performance of IOTA regarding the price differs every day. To make the best decision to buy IOTA, we are analysis in this article the performance of IOTA on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on June 12th, 2017 to December 12th, 2018.

In the barchart below, the weekdays and average performance of IOTA are shown side by side.

Average daily change in price of IOTA per weekday between 06/12/2017 and 12/12/2018.

According to the performance of IOTA between June 12th, 2017 and December 12th, 2018, IOTA performed the best on Fridays. On average, the price of IOTA increased inf% on Friday.

The weekday on which the IOTA performed the worst, is Wednesday. On Wednesdays, the IOTA declined in value on average by -1.13%.

IOTA weekday performance

On an average Sunday the IOTA shows an increase in value of 1.58%. However, the change of IOTA on most of the Sundays is between -9.17% and 12.33%. Therefore it is hard to tell whether an average Sunday is a good day to start buying IOTAs.

On an average Monday the IOTA shows an increase in value of 1.61%. However, the change of IOTA on most of the Mondays is between -7.75% and 10.97%. Therefore it is hard to tell whether an average Monday is a good day to start buying IOTAs.

On an average Tuesday, the IOTA increased 0.55%. However, since the expected deviation is 7.79%, the IOTA will decline in value on a Tuesday quiet regularly. The expected price change of the IOTA on a Tuesday is between -7.24% and 8.34%.

The IOTA declines in value on an average Wednesday with -1.13%. However, the uncertainty (or standard deviation) is quite large, namely 7.42%. This means that it is not possible to say whether on a regular Wednesday the IOTA will increase or decrease in value.

Allthough the IOTA decreases in value with -0.50% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of IOTA on Thursdays is 7.99%. This means that the expected change of the value of IOTA is between -8.50% and 7.49% on 68 out of 100 Thursdays.

On Fridays, the average increase of the value of the IOTA is very high. The average increase is inf%. The standard deviation of the IOTA on Fridays is nan%. This means that on 68% of the Fridays, the IOTA increases between nan% and nan%. The uncertainty is therefore not very high, since on most Fridays, the value of the IOTA will increase.

IOTA increased in value on an average Saturday only slightly. The average increase in value of the IOTA was 0.14%. Allthough the IOTA closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (5.42%). This means that on 68 percent of the Saturdays, the change in price of the IOTA is expected to be in the range of -5.28% and 5.56%.

IOTA weekday performance details

Find below the details of the performance of IOTA 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.

WeekdayAverage change (%)Standard deviation (%)68% range
Sunday1.58%10.75%-9.17% to 12.33%
Monday1.61%9.36%-7.75% to 10.97%
Tuesday0.55%7.79%-7.24% to 8.34%
Wednesday-1.13%7.42%-8.55% to 6.29%
Thursday-0.50%7.99%-8.50% to 7.49%
Fridayinf%nan%nan% to nan%
Saturday0.14%5.42%-5.28% to 5.56%