IOTA (MIOTA)

Current price: $ 0.19

24 hours price change: $ -0.001801 (-0.96%)

Daily analysis of IOTA (MIOTA) - 1 year

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 year, starting on June 17th, 2023 to June 17th, 2024.

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 06/17/2023 and 06/17/2024.

According to the performance of IOTA between June 17th, 2023 and June 17th, 2024, IOTA performed the best on Mondays. On average, the price of IOTA increased 0.36% on Monday.

The weekday on which the IOTA performed the worst, is Sunday. On Sundays, the IOTA declined in value on average by -0.45%.

IOTA weekday performance

Allthough the IOTA decreases in value with -0.45% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of IOTA on Sundays is 1.31%. This means that the expected change of the value of IOTA is between -1.76% and 0.86% on 68 out of 100 Sundays.

On an average Monday, the IOTA increased 0.36%. However, since the expected deviation is 2.43%, the IOTA will decline in value on a Monday quiet regularly. The expected price change of the IOTA on a Monday is between -2.07% and 2.79%.

It is hard to tell whether the IOTA will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the IOTA is -0.25%. However, the standard deviation on this weekday is 1.59%. This means that on most Tuesdays, the change in value of the IOTA is between -1.83% and 1.34%.

It is hard to tell whether the IOTA will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the IOTA is -0.08%. However, the standard deviation on this weekday is 1.56%. This means that on most Wednesdays, the change in value of the IOTA is between -1.64% and 1.48%.

It is hard to tell whether the IOTA will increase or decrease in value on an average Thursday. The average change on a Thursday for the IOTA is -0.10%. However, the standard deviation on this weekday is 1.24%. This means that on most Thursdays, the change in value of the IOTA is between -1.33% and 1.14%.

IOTA increased in value on an average Friday only slightly. The average increase in value of the IOTA was 0.17%. 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 (1.43%). This means that on 68 percent of the Fridays, the change in price of the IOTA is expected to be in the range of -1.26% and 1.60%.

It is hard to tell whether the IOTA will increase or decrease in value on an average Saturday. The average change on a Saturday for the IOTA is -0.09%. However, the standard deviation on this weekday is 1.44%. This means that on most Saturdays, the change in value of the IOTA is between -1.53% and 1.35%.

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 -0.45% 1.31% -1.76% to 0.86%
Monday 0.36% 2.43% -2.07% to 2.79%
Tuesday -0.25% 1.59% -1.83% to 1.34%
Wednesday -0.08% 1.56% -1.64% to 1.48%
Thursday -0.10% 1.24% -1.33% to 1.14%
Friday 0.17% 1.43% -1.26% to 1.60%
Saturday -0.09% 1.44% -1.53% to 1.35%
 

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