Insight Chain (INB)

Current price: $ 0.45

24 hours price change: $ -0.008506 (-1.87%)

Daily analysis of Insight Chain (INB) - all

The performance of Insight Chain regarding the price differs every day. To make the best decision to buy Insight Chain, we are analysis in this article the performance of Insight Chain on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on June 12th, 2019 to July 6th, 2020.

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

Average daily change in price of Insight Chain per weekday between 06/12/2019 and 07/06/2020.

According to the performance of Insight Chain between June 12th, 2019 and July 6th, 2020, Insight Chain performed the best on Wednesdays. On average, the price of Insight Chain increased 8.68% on Wednesday.

The weekday on which the Insight Chain performed the worst, is Thursday. On Thursdays, the Insight Chain declined in value on average by -1.11%.

Insight Chain weekday performance

Insight Chain increased in value on an average Sunday only slightly. The average increase in value of the Insight Chain was 0.27%. Allthough the Insight Chain closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (4.40%). This means that on 68 percent of the Sundays, the change in price of the Insight Chain is expected to be in the range of -4.13% and 4.67%.

On an average Monday, the Insight Chain increased 0.41%. However, since the expected deviation is 6.12%, the Insight Chain will decline in value on a Monday quiet regularly. The expected price change of the Insight Chain on a Monday is between -5.71% and 6.53%.

Insight Chain increased in value on an average Tuesday only slightly. The average increase in value of the Insight Chain was 0.22%. Allthough the Insight Chain closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (4.50%). This means that on 68 percent of the Tuesdays, the change in price of the Insight Chain is expected to be in the range of -4.28% and 4.72%.

The increase in value of the Insight Chain is 8.68% on an average Wednesday. However, the uncertainty on the average change is high for the Insight Chain on Wednesdays. This is the reason why an expected increase of the Insight Chain on an average Wednesday cannot be predicted. The standard deviation for Insight Chain on Wednesdays is high, namely 64.09%. This means that the expected range of value change for the Insight Chain is -55.41% and 72.77% on 68% of the Wednesdays.

The Insight Chain declines in value on an average Thursday with -1.11%. However, the uncertainty (or standard deviation) is quite large, namely 10.66%. This means that it is not possible to say whether on a regular Thursday the Insight Chain will increase or decrease in value.

On an average Friday the Insight Chain shows an increase in value of 1.26%. However, the change of Insight Chain on most of the Fridays is between -8.78% and 11.30%. Therefore it is hard to tell whether an average Friday is a good day to start buying Insight Chains.

It is hard to tell whether the Insight Chain will increase or decrease in value on an average Saturday. The average change on a Saturday for the Insight Chain is -0.16%. However, the standard deviation on this weekday is 3.03%. This means that on most Saturdays, the change in value of the Insight Chain is between -3.19% and 2.87%.

Insight Chain weekday performance details

Find below the details of the performance of Insight Chain 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 0.27% 4.40% -4.13% to 4.67%
Monday 0.41% 6.12% -5.71% to 6.53%
Tuesday 0.22% 4.50% -4.28% to 4.72%
Wednesday 8.68% 64.09% -55.41% to 72.77%
Thursday -1.11% 10.66% -11.77% to 9.55%
Friday 1.26% 10.04% -8.78% to 11.30%
Saturday -0.16% 3.03% -3.19% to 2.87%
 

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