IOTA (MIOTA)

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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 September 29th, 2021 to September 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 09/29/2021 and 09/29/2022.

According to the performance of IOTA between September 29th, 2021 and September 29th, 2022, IOTA performed the best on Saturdays. On average, the price of IOTA increased 0.19% on Saturday.

The weekday on which the IOTA performed the worst, is Monday. On Mondays, the IOTA declined in value on average by -0.21%.

IOTA weekday performance

IOTA increased in value on an average Sunday only slightly. The average increase in value of the IOTA was 0.08%. 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 (1.09%). This means that on 68 percent of the Sundays, the change in price of the IOTA is expected to be in the range of -1.01% and 1.17%.

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 -0.21%. However, the standard deviation on this weekday is 1.12%. This means that on most Mondays, the change in value of the IOTA is between -1.34% and 0.91%.

IOTA increased in value on an average Tuesday 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 (0.85%). This means that on 68 percent of the Tuesdays, the change in price of the IOTA is expected to be in the range of -0.71% and 0.99%.

IOTA increased in value on an average Wednesday only slightly. The average increase in value of the IOTA was 0.02%. 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 (1.31%). This means that on 68 percent of the Wednesdays, the change in price of the IOTA is expected to be in the range of -1.29% and 1.33%.

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 -0.13%. However, the standard deviation on this weekday is 2.08%. This means that on most Thursdays, the change in value of the IOTA is between -2.21% and 1.94%.

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 -0.14%. However, the standard deviation on this weekday is 1.62%. This means that on most Fridays, the change in value of the IOTA is between -1.76% and 1.48%.

IOTA increased in value on an average Saturday only slightly. The average increase in value of the IOTA was 0.19%. 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 (1.97%). This means that on 68 percent of the Saturdays, the change in price of the IOTA is expected to be in the range of -1.78% and 2.16%.

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 0.08% 1.09% -1.01% to 1.17%
Monday -0.21% 1.12% -1.34% to 0.91%
Tuesday 0.14% 0.85% -0.71% to 0.99%
Wednesday 0.02% 1.31% -1.29% to 1.33%
Thursday -0.13% 2.08% -2.21% to 1.94%
Friday -0.14% 1.62% -1.76% to 1.48%
Saturday 0.19% 1.97% -1.78% to 2.16%
 

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