IOTA (MIOTA)

Current price: $ 0.31

24 hours price change: $ 0.009200 (3.05%)

Daily analysis of IOTA (MIOTA) - 6 months

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 6 months, starting on November 29th, 2021 to May 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 11/29/2021 and 05/29/2022.

According to the performance of IOTA between November 29th, 2021 and May 29th, 2022, IOTA performed the best on Tuesdays. On average, the price of IOTA increased 0.35% on Tuesday.

The weekday on which the IOTA performed the worst, is Friday. On Fridays, the IOTA declined in value on average by -0.53%.

IOTA weekday performance

IOTA increased in value on an average Sunday 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 (1.11%). This means that on 68 percent of the Sundays, the change in price of the IOTA is expected to be in the range of -1.09% and 1.13%.

Allthough the IOTA decreases in value with -0.49% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of IOTA on Mondays is 1.07%. This means that the expected change of the value of IOTA is between -1.56% and 0.57% on 68 out of 100 Mondays.

On an average Tuesday, the IOTA increased 0.35%. However, since the expected deviation is 0.89%, the IOTA will decline in value on a Tuesday quiet regularly. The expected price change of the IOTA on a Tuesday is between -0.55% and 1.24%.

IOTA increased in value on an average Wednesday 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 (1.07%). This means that on 68 percent of the Wednesdays, the change in price of the IOTA is expected to be in the range of -1.00% and 1.15%.

IOTA increased in value on an average Thursday only slightly. The average increase in value of the IOTA was 0.09%. 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 (0.83%). This means that on 68 percent of the Thursdays, the change in price of the IOTA is expected to be in the range of -0.74% and 0.92%.

Allthough the IOTA decreases in value with -0.53% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of IOTA on Fridays is 1.83%. This means that the expected change of the value of IOTA is between -2.37% and 1.30% on 68 out of 100 Fridays.

IOTA increased in value on an average Saturday only slightly. The average increase in value of the IOTA was 0.10%. 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 (2.35%). This means that on 68 percent of the Saturdays, the change in price of the IOTA is expected to be in the range of -2.24% and 2.45%.

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 0.02% 1.11% -1.09% to 1.13%
Monday -0.49% 1.07% -1.56% to 0.57%
Tuesday 0.35% 0.89% -0.55% to 1.24%
Wednesday 0.08% 1.07% -1.00% to 1.15%
Thursday 0.09% 0.83% -0.74% to 0.92%
Friday -0.53% 1.83% -2.37% to 1.30%
Saturday 0.10% 2.35% -2.24% to 2.45%
 

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