IOST (IOST)

Current price: $ 0.06

24 hours price change: $ 0.003413 (6.21%)

Daily analysis of IOST (IOST) - 1 month

The performance of IOST regarding the price differs every day. To make the best decision to buy IOST, we are analysis in this article the performance of IOST on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on August 27th, 2021 to September 27th, 2021.

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

Average daily change in price of IOST per weekday between 08/27/2021 and 09/27/2021.

According to the performance of IOST between August 27th, 2021 and September 27th, 2021, IOST performed the best on Wednesdays. On average, the price of IOST increased 6.10% on Wednesday.

The weekday on which the IOST performed the worst, is Monday. On Mondays, the IOST declined in value on average by -1.51%.

IOST weekday performance

It is hard to tell whether the IOST will increase or decrease in value on an average Sunday. The average change on a Sunday for the IOST is 0.00%. However, the standard deviation on this weekday is 0.04%. This means that on most Sundays, the change in value of the IOST is between -0.04% and 0.04%.

The IOST declines in value on an average Monday with -1.51%. However, the uncertainty (or standard deviation) is quite large, namely 2.34%. This means that it is not possible to say whether on a regular Monday the IOST will increase or decrease in value.

Historical performance on Tuesday do not show an increase in value of the IOST on which a prediction can be made. The IOST increased in value on average on an average Tuesday with 0.75%. However, the uncertainty of this increase is high. The expected change in value of the IOST on a Tuesday is between -0.16% and 1.65% (see also the table below).

The increase in value of the IOST is 6.10% on an average Wednesday. However, the uncertainty on the average change is high for the IOST on Wednesdays. This is the reason why an expected increase of the IOST on an average Wednesday cannot be predicted. The standard deviation for IOST on Wednesdays is high, namely 11.51%. This means that the expected range of value change for the IOST is -5.41% and 17.61% on 68% of the Wednesdays.

Allthough the IOST decreases in value with -0.49% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of IOST on Thursdays is 0.51%. This means that the expected change of the value of IOST is between -1.00% and 0.02% on 68 out of 100 Thursdays.

Allthough the IOST decreases in value with -0.35% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of IOST on Fridays is 0.46%. This means that the expected change of the value of IOST is between -0.80% and 0.11% on 68 out of 100 Fridays.

It is hard to tell whether the IOST will increase or decrease in value on an average Saturday. The average change on a Saturday for the IOST is -0.11%. However, the standard deviation on this weekday is 0.22%. This means that on most Saturdays, the change in value of the IOST is between -0.33% and 0.10%.

IOST weekday performance details

Find below the details of the performance of IOST 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 0.00% 0.04% -0.04% to 0.04%
Monday -1.51% 2.34% -3.86% to 0.83%
Tuesday 0.75% 0.90% -0.16% to 1.65%
Wednesday 6.10% 11.51% -5.41% to 17.61%
Thursday -0.49% 0.51% -1.00% to 0.02%
Friday -0.35% 0.46% -0.80% to 0.11%
Saturday -0.11% 0.22% -0.33% to 0.10%
 

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