IOTA (MIOTA)

Current price: $ 0.30

24 hours price change: $ -0.02 (-4.90%)

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 July 15th, 2018 to July 14th, 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 07/15/2018 and 07/14/2019.

According to the performance of IOTA between July 15th, 2018 and July 14th, 2019, IOTA performed the best on Thursdays. On average, the price of IOTA increased 0.95% on Thursday.

The weekday on which the IOTA performed the worst, is Wednesday. On Wednesdays, the IOTA declined in value on average by -0.86%.

IOTA weekday performance

Allthough the IOTA decreases in value with -0.40% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of IOTA on Sundays is 7.02%. This means that the expected change of the value of IOTA is between -7.42% and 6.62% on 68 out of 100 Sundays.

On an average Monday, the IOTA increased 0.55%. However, since the expected deviation is 4.95%, the IOTA will decline in value on a Monday quiet regularly. The expected price change of the IOTA on a Monday is between -4.40% and 5.49%.

On Tuesdays, the IOTA decreases in value on average with -0.66%. On most of the Tuesdays the IOTA decreases in value between -6.29% and 4.97%. The uncertainty (5.63%) is higher than the average decline percentage (-0.66%). Therefore, expected range of price changes of the IOTA on Tuesdays is large.

On Wednesdays, the IOTA decreases in value on average with -0.86%. On most of the Wednesdays the IOTA decreases in value between -7.10% and 5.38%. The uncertainty (6.24%) is higher than the average decline percentage (-0.86%). Therefore, expected range of price changes of the IOTA on Wednesdays is large.

Historical performance on Thursday do not show an increase in value of the IOTA on which a prediction can be made. The IOTA increased in value on average on an average Thursday with 0.95%. However, the uncertainty of this increase is high. The expected change in value of the IOTA on a Thursday is between -4.44% and 6.34% (see also the table below).

Allthough the IOTA decreases in value with -0.60% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of IOTA on Fridays is 4.38%. This means that the expected change of the value of IOTA is between -4.98% and 3.79% on 68 out of 100 Fridays.

On an average Saturday, the IOTA increased 0.52%. However, since the expected deviation is 4.00%, the IOTA will decline in value on a Saturday quiet regularly. The expected price change of the IOTA on a Saturday is between -3.48% and 4.52%.

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
Sunday-0.40%7.02%-7.42% to 6.62%
Monday0.55%4.95%-4.40% to 5.49%
Tuesday-0.66%5.63%-6.29% to 4.97%
Wednesday-0.86%6.24%-7.10% to 5.38%
Thursday0.95%5.39%-4.44% to 6.34%
Friday-0.60%4.38%-4.98% to 3.79%
Saturday0.52%4.00%-3.48% to 4.52%