ICON (ICX)

Current price: $ 0.36

24 hours price change: $ 0.02 (7.52%)

Daily analysis of ICON (ICX) - 6 months

The performance of ICON regarding the price differs every day. To make the best decision to buy ICON, we are analysis in this article the performance of ICON on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 6 months, starting on January 5th, 2020 to July 4th, 2020.

In the barchart below, the weekdays and average performance of ICON are shown side by side.

Average daily change in price of ICON per weekday between 01/05/2020 and 07/04/2020.

According to the performance of ICON between January 5th, 2020 and July 4th, 2020, ICON performed the best on Sundays. On average, the price of ICON increased 0.47% on Sunday.

The weekday on which the ICON performed the worst, is Wednesday. On Wednesdays, the ICON declined in value on average by -0.54%.

ICON weekday performance

On an average Sunday, the ICON increased 0.47%. However, since the expected deviation is 0.87%, the ICON will decline in value on a Sunday quiet regularly. The expected price change of the ICON on a Sunday is between -0.39% and 1.34%.

It is hard to tell whether the ICON will increase or decrease in value on an average Monday. The average change on a Monday for the ICON is -0.11%. However, the standard deviation on this weekday is 1.08%. This means that on most Mondays, the change in value of the ICON is between -1.18% and 0.97%.

On an average Tuesday, the ICON increased 0.32%. However, since the expected deviation is 0.92%, the ICON will decline in value on a Tuesday quiet regularly. The expected price change of the ICON on a Tuesday is between -0.60% and 1.25%.

Allthough the ICON decreases in value with -0.54% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of ICON on Wednesdays is 1.60%. This means that the expected change of the value of ICON is between -2.14% and 1.07% on 68 out of 100 Wednesdays.

It is hard to tell whether the ICON will increase or decrease in value on an average Thursday. The average change on a Thursday for the ICON is -0.23%. However, the standard deviation on this weekday is 2.61%. This means that on most Thursdays, the change in value of the ICON is between -2.84% and 2.38%.

Allthough the ICON decreases in value with -0.41% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of ICON on Fridays is 0.93%. This means that the expected change of the value of ICON is between -1.34% and 0.52% on 68 out of 100 Fridays.

It is hard to tell whether the ICON will increase or decrease in value on an average Saturday. The average change on a Saturday for the ICON is -0.01%. However, the standard deviation on this weekday is 0.81%. This means that on most Saturdays, the change in value of the ICON is between -0.82% and 0.80%.

ICON weekday performance details

Find below the details of the performance of ICON 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 0.47% 0.87% -0.39% to 1.34%
Monday -0.11% 1.08% -1.18% to 0.97%
Tuesday 0.32% 0.92% -0.60% to 1.25%
Wednesday -0.54% 1.60% -2.14% to 1.07%
Thursday -0.23% 2.61% -2.84% to 2.38%
Friday -0.41% 0.93% -1.34% to 0.52%
Saturday -0.01% 0.81% -0.82% to 0.80%
 

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