IOTA (MIOTA)

Current price: $ 0.30

24 hours price change: $ -0.001900 (-0.63%)

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 January 16th, 2019 to July 15th, 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 01/16/2019 and 07/15/2019.

According to the performance of IOTA between January 16th, 2019 and July 15th, 2019, IOTA performed the best on Thursdays. On average, the price of IOTA increased 1.00% on Thursday.

The weekday on which the IOTA performed the worst, is Wednesday. On Wednesdays, the IOTA declined in value on average by -1.01%.

IOTA weekday performance

Historical performance on Sunday 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 Sunday with 0.74%. However, the uncertainty of this increase is high. The expected change in value of the IOTA on a Sunday is between -4.71% and 6.19% (see also the table below).

Historical performance on Monday 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 Monday with 0.91%. However, the uncertainty of this increase is high. The expected change in value of the IOTA on a Monday is between -3.01% and 4.83% (see also the table below).

On an average Tuesday, the IOTA increased 0.54%. However, since the expected deviation is 4.53%, the IOTA will decline in value on a Tuesday quiet regularly. The expected price change of the IOTA on a Tuesday is between -3.99% and 5.07%.

The IOTA declines in value on an average Wednesday with -1.01%. However, the uncertainty (or standard deviation) is quite large, namely 3.38%. This means that it is not possible to say whether on a regular Wednesday the IOTA will increase or decrease in value.

On an average Thursday the IOTA shows an increase in value of 1.00%. However, the change of IOTA on most of the Thursdays is between -2.06% and 4.06%. Therefore it is hard to tell whether an average Thursday is a good day to start buying IOTAs.

On an average Friday, the IOTA increased 0.36%. However, since the expected deviation is 3.35%, the IOTA will decline in value on a Friday quiet regularly. The expected price change of the IOTA on a Friday is between -2.98% and 3.71%.

Allthough the IOTA decreases in value with -0.46% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of IOTA on Saturdays is 4.23%. This means that the expected change of the value of IOTA is between -4.69% and 3.77% on 68 out of 100 Saturdays.

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
Sunday0.74%5.45%-4.71% to 6.19%
Monday0.91%3.92%-3.01% to 4.83%
Tuesday0.54%4.53%-3.99% to 5.07%
Wednesday-1.01%3.38%-4.39% to 2.37%
Thursday1.00%3.06%-2.06% to 4.06%
Friday0.36%3.35%-2.98% to 3.71%
Saturday-0.46%4.23%-4.69% to 3.77%