IOTA (MIOTA)

Current price: $ 0.71

24 hours price change: $ -0.11 (-13.12%)

Daily analysis of IOTA (MIOTA) - 1 month

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 1 month, starting on December 24th, 2021 to January 24th, 2022.

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 12/24/2021 and 01/24/2022.

According to the performance of IOTA between December 24th, 2021 and January 24th, 2022, IOTA performed the best on Saturdays. On average, the price of IOTA increased 2.11% on Saturday.

The weekday on which the IOTA performed the worst, is Friday. On Fridays, the IOTA declined in value on average by -0.90%.

IOTA weekday performance

On an average Sunday, the IOTA increased 0.58%. However, since the expected deviation is 1.45%, the IOTA will decline in value on a Sunday quiet regularly. The expected price change of the IOTA on a Sunday is between -0.87% and 2.03%.

On Mondays, the IOTA decreases in value on average with -0.64%. On most of the Mondays the IOTA decreases in value between -1.36% and 0.08%. The uncertainty (0.72%) is higher than the average decline percentage (-0.64%). Therefore, expected range of price changes of the IOTA on Mondays is large.

IOTA increased in value on an average Tuesday only slightly. The average increase in value of the IOTA was 0.12%. Allthough the IOTA closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.60%). This means that on 68 percent of the Tuesdays, the change in price of the IOTA is expected to be in the range of -0.48% and 0.72%.

Historical performance on Wednesday 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 Wednesday with 0.68%. However, the uncertainty of this increase is high. The expected change in value of the IOTA on a Wednesday is between -0.51% and 1.87% (see also the table below).

Historical performance on Thursday 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 Thursday with 0.79%. However, the uncertainty of this increase is high. The expected change in value of the IOTA on a Thursday is between -0.46% and 2.04% (see also the table below).

On Fridays, the IOTA decreases in value on average with -0.90%. On most of the Fridays the IOTA decreases in value between -2.83% and 1.04%. The uncertainty (1.94%) is higher than the average decline percentage (-0.90%). Therefore, expected range of price changes of the IOTA on Fridays is large.

On an average Saturday the IOTA shows an increase in value of 2.11%. However, the change of IOTA on most of the Saturdays is between -0.32% and 4.55%. Therefore it is hard to tell whether an average Saturday is a good day to start buying IOTAs.

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.

Weekday Average change (%) Standard deviation (%) 68% range
Sunday 0.58% 1.45% -0.87% to 2.03%
Monday -0.64% 0.72% -1.36% to 0.08%
Tuesday 0.12% 0.60% -0.48% to 0.72%
Wednesday 0.68% 1.19% -0.51% to 1.87%
Thursday 0.79% 1.25% -0.46% to 2.04%
Friday -0.90% 1.94% -2.83% to 1.04%
Saturday 2.11% 2.43% -0.32% to 4.55%
 

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