IOTA (MIOTA)

Current price: $ 0.29

24 hours price change: $ 0.01 (3.65%)

Daily analysis of IOTA (MIOTA) - 1 year

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 year, starting on October 24th, 2019 to October 23rd, 2020.

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 10/24/2019 and 10/23/2020.

According to the performance of IOTA between October 24th, 2019 and October 23rd, 2020, IOTA performed the best on Sundays. On average, the price of IOTA increased 0.16% on Sunday.

The weekday on which the IOTA performed the worst, is Wednesday. On Wednesdays, the IOTA declined in value on average by -0.15%.

IOTA weekday performance

IOTA increased in value on an average Sunday only slightly. The average increase in value of the IOTA was 0.16%. 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 (1.22%). This means that on 68 percent of the Sundays, the change in price of the IOTA is expected to be in the range of -1.06% and 1.38%.

It is hard to tell whether the IOTA will increase or decrease in value on an average Monday. The average change on a Monday for the IOTA is -0.14%. However, the standard deviation on this weekday is 0.46%. This means that on most Mondays, the change in value of the IOTA is between -0.60% and 0.33%.

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 -0.03%. However, the standard deviation on this weekday is 0.81%. This means that on most Tuesdays, the change in value of the IOTA is between -0.84% and 0.77%.

It is hard to tell whether the IOTA will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the IOTA is -0.15%. However, the standard deviation on this weekday is 1.15%. This means that on most Wednesdays, the change in value of the IOTA is between -1.30% and 1.00%.

IOTA increased in value on an average Thursday only slightly. The average increase in value of the IOTA was 0.05%. 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 (0.66%). This means that on 68 percent of the Thursdays, the change in price of the IOTA is expected to be in the range of -0.61% and 0.71%.

It is hard to tell whether the IOTA will increase or decrease in value on an average Friday. The average change on a Friday for the IOTA is -0.05%. However, the standard deviation on this weekday is 0.71%. This means that on most Fridays, the change in value of the IOTA is between -0.76% and 0.66%.

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 (0.77%). This means that on 68 percent of the Saturdays, the change in price of the IOTA is expected to be in the range of -0.74% and 0.80%.

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 0.16% 1.22% -1.06% to 1.38%
Monday -0.14% 0.46% -0.60% to 0.33%
Tuesday -0.03% 0.81% -0.84% to 0.77%
Wednesday -0.15% 1.15% -1.30% to 1.00%
Thursday 0.05% 0.66% -0.61% to 0.71%
Friday -0.05% 0.71% -0.76% to 0.66%
Saturday 0.03% 0.77% -0.74% to 0.80%
 

We use cookies on our website. Some of them are essential for the operation of the site, while others help us to improve this site and the user experience (tracking cookies). You can decide for yourself whether you want to allow cookies or not. Please note that if you reject them, you may not be able to use all the functionalities of the site.