Factom (FCT)

Current price: $ 0.08

24 hours price change: $ 0.007880 (10.65%)

Daily analysis of Factom (FCT) - 6 months

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 6 months, starting on July 28th, 2022 to January 28th, 2023.

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 07/28/2022 and 01/28/2023.

According to the performance of Factom between July 28th, 2022 and January 28th, 2023, Factom performed the best on Fridays. On average, the price of Factom increased 14.01% on Friday.

The weekday on which the Factom performed the worst, is Wednesday. On Wednesdays, the Factom rose in value on average by 2.91%. The price still increased on Wednesdays, allthough it was the smallest increase of all days on average.

Factom weekday performance

The increase in value of the Factom is 3.53% on an average Sunday. However, the uncertainty on the average change is high for the Factom on Sundays. This is the reason why an expected increase of the Factom on an average Sunday cannot be predicted. The standard deviation for Factom on Sundays is high, namely 17.60%. This means that the expected range of value change for the Factom is -14.07% and 21.14% on 68% of the Sundays.

The increase in value of the Factom is 3.43% on an average Monday. However, the uncertainty on the average change is high for the Factom on Mondays. This is the reason why an expected increase of the Factom on an average Monday cannot be predicted. The standard deviation for Factom on Mondays is high, namely 17.65%. This means that the expected range of value change for the Factom is -14.22% and 21.08% on 68% of the Mondays.

The increase in value of the Factom is 4.08% on an average Tuesday. However, the uncertainty on the average change is high for the Factom on Tuesdays. This is the reason why an expected increase of the Factom on an average Tuesday cannot be predicted. The standard deviation for Factom on Tuesdays is high, namely 17.63%. This means that the expected range of value change for the Factom is -13.55% and 21.71% on 68% of the Tuesdays.

On an average Wednesday the Factom shows an increase in value of 2.91%. However, the change of Factom on most of the Wednesdays is between -17.15% and 22.97%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Factoms.

The increase in value of the Factom is 3.34% on an average Thursday. However, the uncertainty on the average change is high for the Factom on Thursdays. This is the reason why an expected increase of the Factom on an average Thursday cannot be predicted. The standard deviation for Factom on Thursdays is high, namely 17.34%. This means that the expected range of value change for the Factom is -14.00% and 20.68% on 68% of the Thursdays.

The increase in value of the Factom is 14.01% on an average Friday. However, the uncertainty on the average change is high for the Factom on Fridays. This is the reason why an expected increase of the Factom on an average Friday cannot be predicted. The standard deviation for Factom on Fridays is high, namely 90.65%. This means that the expected range of value change for the Factom is -76.64% and 104.66% on 68% of the Fridays.

The increase in value of the Factom is 4.09% on an average Saturday. However, the uncertainty on the average change is high for the Factom on Saturdays. This is the reason why an expected increase of the Factom on an average Saturday cannot be predicted. The standard deviation for Factom on Saturdays is high, namely 17.39%. This means that the expected range of value change for the Factom is -13.30% and 21.48% on 68% of the Saturdays.

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 3.53% 17.60% -14.07% to 21.14%
Monday 3.43% 17.65% -14.22% to 21.08%
Tuesday 4.08% 17.63% -13.55% to 21.71%
Wednesday 2.91% 20.06% -17.15% to 22.97%
Thursday 3.34% 17.34% -14.00% to 20.68%
Friday 14.01% 90.65% -76.64% to 104.66%
Saturday 4.09% 17.39% -13.30% to 21.48%
 

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