Insight Chain (INB)

Current price: $ 1.35

24 hours price change: $ 0.03 (2.48%)

Daily analysis of Insight Chain (INB) - 6 months

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 6 months, starting on November 11th, 2020 to January 4th, 2021.

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 11/11/2020 and 01/04/2021.

According to the performance of Insight Chain between November 11th, 2020 and January 4th, 2021, Insight Chain performed the best on Tuesdays. On average, the price of Insight Chain increased 1.42% on Tuesday.

The weekday on which the Insight Chain performed the worst, is Sunday. On Sundays, the Insight Chain declined in value on average by -1.32%.

Insight Chain weekday performance

The Insight Chain declines in value on an average Sunday with -1.32%. However, the uncertainty (or standard deviation) is quite large, namely 2.22%. This means that it is not possible to say whether on a regular Sunday the Insight Chain will increase or decrease in value.

On an average Monday, the Insight Chain increased 0.48%. However, since the expected deviation is 0.91%, 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 -0.42% and 1.39%.

On an average Tuesday the Insight Chain shows an increase in value of 1.42%. However, the change of Insight Chain on most of the Tuesdays is between -1.49% and 4.33%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Insight Chains.

On an average Wednesday, the Insight Chain increased 0.41%. However, since the expected deviation is 1.08%, the Insight Chain will decline in value on a Wednesday quiet regularly. The expected price change of the Insight Chain on a Wednesday is between -0.67% and 1.49%.

On an average Thursday, the Insight Chain increased 0.35%. However, since the expected deviation is 2.37%, the Insight Chain will decline in value on a Thursday quiet regularly. The expected price change of the Insight Chain on a Thursday is between -2.03% and 2.72%.

On Fridays, the Insight Chain decreases in value on average with -0.67%. On most of the Fridays the Insight Chain decreases in value between -4.48% and 3.14%. The uncertainty (3.81%) is higher than the average decline percentage (-0.67%). Therefore, expected range of price changes of the Insight Chain on Fridays is large.

Allthough the Insight Chain decreases in value with -0.45% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Insight Chain on Saturdays is 1.50%. This means that the expected change of the value of Insight Chain is between -1.95% and 1.05% on 68 out of 100 Saturdays.

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 -1.32% 2.22% -3.54% to 0.89%
Monday 0.48% 0.91% -0.42% to 1.39%
Tuesday 1.42% 2.91% -1.49% to 4.33%
Wednesday 0.41% 1.08% -0.67% to 1.49%
Thursday 0.35% 2.37% -2.03% to 2.72%
Friday -0.67% 3.81% -4.48% to 3.14%
Saturday -0.45% 1.50% -1.95% to 1.05%
 

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