IOTA (MIOTA)

Current price: $ 0.29

24 hours price change: $ 0.01 (4.50%)

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 23rd, 2018 to September 22nd, 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 09/23/2018 and 09/22/2019.

According to the performance of IOTA between September 23rd, 2018 and September 22nd, 2019, IOTA performed the best on Thursdays. On average, the price of IOTA increased 0.63% on Thursday.

The weekday on which the IOTA performed the worst, is Wednesday. On Wednesdays, the IOTA declined in value on average by -1.38%.

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 (5.40%). This means that on 68 percent of the Sundays, the change in price of the IOTA is expected to be in the range of -5.32% and 5.48%.

On an average Monday, the IOTA increased 0.30%. However, since the expected deviation is 4.18%, the IOTA will decline in value on a Monday quiet regularly. The expected price change of the IOTA on a Monday is between -3.88% and 4.48%.

IOTA increased in value on an average Tuesday 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 (4.46%). This means that on 68 percent of the Tuesdays, the change in price of the IOTA is expected to be in the range of -4.17% and 4.76%.

The IOTA declines in value on an average Wednesday with -1.38%. However, the uncertainty (or standard deviation) is quite large, namely 5.82%. This means that it is not possible to say whether on a regular Wednesday the IOTA will increase or decrease in value.

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 0.63%. However, the uncertainty of this increase is high. The expected change in value of the IOTA on a Thursday is between -2.97% and 4.22% (see also the table below).

IOTA increased in value on an average Friday only slightly. The average increase in value of the IOTA was 0.00%. 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 (3.32%). This means that on 68 percent of the Fridays, the change in price of the IOTA is expected to be in the range of -3.32% and 3.32%.

IOTA increased in value on an average Saturday 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 (3.52%). This means that on 68 percent of the Saturdays, the change in price of the IOTA is expected to be in the range of -3.46% and 3.57%.

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% 5.40% -5.32% to 5.48%
Monday 0.30% 4.18% -3.88% to 4.48%
Tuesday 0.29% 4.46% -4.17% to 4.76%
Wednesday -1.38% 5.82% -7.20% to 4.44%
Thursday 0.63% 3.60% -2.97% to 4.22%
Friday 0.00% 3.32% -3.32% to 3.32%
Saturday 0.05% 3.52% -3.46% to 3.57%