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 1 month, starting on September 20th, 2019 to October 20th, 2019.
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 09/20/2019 and 10/20/2019.
According to the performance of IOTA between September 20th, 2019 and October 20th, 2019, IOTA performed the best on Saturdays. On average, the price of IOTA increased 0.34% on Saturday.
The weekday on which the IOTA performed the worst, is Tuesday. On Tuesdays, the IOTA declined in value on average by -0.18%.
IOTA weekday performance
IOTA increased in value on an average Sunday only slightly. The average increase in value of the IOTA was 0.18%. 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 (0.22%). This means that on 68 percent of the Sundays, the change in price of the IOTA is expected to be in the range of -0.03% and 0.40%.
The IOTA will almost not change or only slightly increase in value on an average Monday. The average change of the IOTA on Mondays is 0.20%. The standard deviation of the IOTA is 0.15%, which means that in 68% of the Mondays, the range of the change of the IOTA is 0.05% and 0.35%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.
It is hard to tell whether the IOTA will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the IOTA is -0.18%. However, the standard deviation on this weekday is 0.89%. This means that on most Tuesdays, the change in value of the IOTA is between -1.07% and 0.71%.
IOTA increased in value on an average Wednesday only slightly. The average increase in value of the IOTA was 0.23%. 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 (0.46%). This means that on 68 percent of the Wednesdays, the change in price of the IOTA is expected to be in the range of -0.23% and 0.68%.
It is hard to tell whether the IOTA will increase or decrease in value on an average Thursday. The average change on a Thursday for the IOTA is -0.09%. However, the standard deviation on this weekday is 0.30%. This means that on most Thursdays, the change in value of the IOTA is between -0.39% and 0.22%.
IOTA increased in value on an average Friday only slightly. The average increase in value of the IOTA was 0.21%. 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 (0.99%). This means that on 68 percent of the Fridays, the change in price of the IOTA is expected to be in the range of -0.78% and 1.20%.
The average increase of the IOTA on an average Saturday is 0.34%. This is a small increase, however, the expected change of the IOTA in 95% of the Saturdays is -0.31% and 0.99%. This means that only on 2.5% (or slightly over 1 Saturday per year) the expected change of the IOTA is below -0.31%. On the other hand, you would not have to expect that the change on a single Saturday will be above 0.99%. This will also only happen on 2.5% of the Saturdays. On 68% of the Saturdays, the increase of the IOTA will be in the range of 0.01% and 0.67%.
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 | 0.18% | 0.22% | -0.03% to 0.40% |
| Monday | 0.20% | 0.15% | 0.05% to 0.35% |
| Tuesday | -0.18% | 0.89% | -1.07% to 0.71% |
| Wednesday | 0.23% | 0.46% | -0.23% to 0.68% |
| Thursday | -0.09% | 0.30% | -0.39% to 0.22% |
| Friday | 0.21% | 0.99% | -0.78% to 1.20% |
| Saturday | 0.34% | 0.33% | 0.01% to 0.67% |