IOTA (MIOTA)

Current price: $ 0.31

24 hours price change: $ 0.007400 (2.42%)

Daily analysis of IOTA (MIOTA) - 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 May 29th, 2022.

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 05/29/2022.

According to the performance of IOTA between June 12th, 2017 and May 29th, 2022, IOTA performed the best on Mondays. On average, the price of IOTA increased 0.56% on Monday.

The weekday on which the IOTA performed the worst, is Wednesday. On Wednesdays, the IOTA declined in value on average by -0.31%.

IOTA weekday performance

On an average Sunday, the IOTA increased 0.46%. However, since the expected deviation is 6.99%, the IOTA will decline in value on a Sunday quiet regularly. The expected price change of the IOTA on a Sunday is between -6.52% and 7.45%.

On an average Monday, the IOTA increased 0.56%. However, since the expected deviation is 6.32%, the IOTA will decline in value on a Monday quiet regularly. The expected price change of the IOTA on a Monday is between -5.76% and 6.88%.

IOTA increased in value on an average Tuesday only slightly. The average increase in value of the IOTA was 0.07%. 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 (5.50%). This means that on 68 percent of the Tuesdays, the change in price of the IOTA is expected to be in the range of -5.43% and 5.57%.

Allthough the IOTA decreases in value with -0.31% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of IOTA on Wednesdays is 5.94%. This means that the expected change of the value of IOTA is between -6.25% and 5.63% on 68 out of 100 Wednesdays.

IOTA increased in value on an average Thursday only slightly. The average increase in value of the IOTA was 0.03%. 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 (5.40%). This means that on 68 percent of the Thursdays, the change in price of the IOTA is expected to be in the range of -5.37% and 5.43%.

IOTA increased in value on an average Friday only slightly. The average increase in value of the IOTA was 0.29%. 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 (4.02%). This means that on 68 percent of the Fridays, the change in price of the IOTA is expected to be in the range of -3.73% and 4.30%.

IOTA increased in value on an average Saturday only slightly. The average increase in value of the IOTA was 0.03%. 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 (4.20%). This means that on 68 percent of the Saturdays, the change in price of the IOTA is expected to be in the range of -4.17% and 4.22%.

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.

Weekday Average change (%) Standard deviation (%) 68% range
Sunday 0.46% 6.99% -6.52% to 7.45%
Monday 0.56% 6.32% -5.76% to 6.88%
Tuesday 0.07% 5.50% -5.43% to 5.57%
Wednesday -0.31% 5.94% -6.25% to 5.63%
Thursday 0.03% 5.40% -5.37% to 5.43%
Friday 0.29% 4.02% -3.73% to 4.30%
Saturday 0.03% 4.20% -4.17% to 4.22%
 

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