IOTA (IOT)

Current price: $ 0.25

24 hours price change: $ 0.02 (9.77%)

Daily analysis of IOTA (IOT) - 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 June 17th, 2018 to December 16th, 2018.

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 06/17/2018 and 12/16/2018.

According to the performance of IOTA between June 17th, 2018 and December 16th, 2018, IOTA performed the best on Fridays. On average, the price of IOTA increased 0.36% on Friday.

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

IOTA weekday performance

On an average Sunday, the IOTA increased 0.31%. However, since the expected deviation is 1.43%, the IOTA will decline in value on a Sunday quiet regularly. The expected price change of the IOTA on a Sunday is between -1.12% and 1.75%.

IOTA increased in value on an average Monday only slightly. The average increase in value of the IOTA was 0.01%. 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 (0.99%). This means that on 68 percent of the Mondays, the change in price of the IOTA is expected to be in the range of -0.98% and 1.00%.

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 -0.02%. However, the standard deviation on this weekday is 0.92%. This means that on most Tuesdays, the change in value of the IOTA is between -0.94% and 0.90%.

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 -0.21%. However, the standard deviation on this weekday is 1.09%. This means that on most Wednesdays, the change in value of the IOTA is between -1.30% and 0.88%.

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 -0.08%. However, the standard deviation on this weekday is 1.05%. This means that on most Thursdays, the change in value of the IOTA is between -1.13% and 0.97%.

On an average Friday, the IOTA increased 0.36%. However, since the expected deviation is 1.22%, the IOTA will decline in value on a Friday quiet regularly. The expected price change of the IOTA on a Friday is between -0.86% and 1.57%.

IOTA increased in value on an average Saturday 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 (0.82%). This means that on 68 percent of the Saturdays, the change in price of the IOTA is expected to be in the range of -0.68% and 0.96%.

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
Sunday0.31%1.43%-1.12% to 1.75%
Monday0.01%0.99%-0.98% to 1.00%
Tuesday-0.02%0.92%-0.94% to 0.90%
Wednesday-0.21%1.09%-1.30% to 0.88%
Thursday-0.08%1.05%-1.13% to 0.97%
Friday0.36%1.22%-0.86% to 1.57%
Saturday0.14%0.82%-0.68% to 0.96%