Factom (FCT)

Current price: $ 0.05

24 hours price change: $ 0.001347 (2.59%)

Daily analysis of Factom (FCT) - 1 month

The performance of Factom regarding the price differs every day. To make the best decision to buy Factom, we are analysis in this article the performance of Factom on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on March 18th, 2024 to April 18th, 2024.

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

Average daily change in price of Factom per weekday between 03/18/2024 and 04/18/2024.

According to the performance of Factom between March 18th, 2024 and April 18th, 2024, Factom performed the best on Tuesdays. On average, the price of Factom increased 1.35% on Tuesday.

The weekday on which the Factom performed the worst, is Monday. On Mondays, the Factom declined in value on average by -1.52%.

Factom weekday performance

Historical performance on Sunday do not show an increase in value of the Factom on which a prediction can be made. The Factom increased in value on average on an average Sunday with 0.87%. However, the uncertainty of this increase is high. The expected change in value of the Factom on a Sunday is between -0.06% and 1.81% (see also the table below).

The Factom declines in value on an average Monday with -1.52%. However, the uncertainty (or standard deviation) is quite large, namely 2.10%. This means that it is not possible to say whether on a regular Monday the Factom will increase or decrease in value.

On an average Tuesday the Factom shows an increase in value of 1.35%. However, the change of Factom on most of the Tuesdays is between -1.95% and 4.65%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Factoms.

On Wednesdays, the Factom decreases in value on average with -0.89%. On most of the Wednesdays the Factom decreases in value between -3.62% and 1.84%. The uncertainty (2.73%) is higher than the average decline percentage (-0.89%). Therefore, expected range of price changes of the Factom on Wednesdays is large.

On an average Thursday the Factom shows an increase in value of 1.32%. However, the change of Factom on most of the Thursdays is between -0.41% and 3.06%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Factoms.

The Factom declines in value on an average Friday with -1.16%. However, the uncertainty (or standard deviation) is quite large, namely 2.19%. This means that it is not possible to say whether on a regular Friday the Factom will increase or decrease in value.

It is hard to tell whether the Factom will increase or decrease in value on an average Saturday. The average change on a Saturday for the Factom is -0.20%. However, the standard deviation on this weekday is 0.17%. This means that on most Saturdays, the change in value of the Factom is between -0.36% and -0.03%.

Factom weekday performance details

Find below the details of the performance of Factom 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 0.87% 0.93% -0.06% to 1.81%
Monday -1.52% 2.10% -3.63% to 0.58%
Tuesday 1.35% 3.30% -1.95% to 4.65%
Wednesday -0.89% 2.73% -3.62% to 1.84%
Thursday 1.32% 1.74% -0.41% to 3.06%
Friday -1.16% 2.19% -3.35% to 1.03%
Saturday -0.20% 0.17% -0.36% to -0.03%
 

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