Ravencoin (RVN)

Current price: $ 0.02

24 hours price change: $ 0.000060 (0.27%)

Daily analysis of Ravencoin (RVN) - all

The performance of Ravencoin regarding the price differs every day. To make the best decision to buy Ravencoin, we are analysis in this article the performance of Ravencoin on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on August 19th, 2018 to December 7th, 2022.

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

Average daily change in price of Ravencoin per weekday between 08/19/2018 and 12/07/2022.

According to the performance of Ravencoin between August 19th, 2018 and December 7th, 2022, Ravencoin performed the best on Thursdays. On average, the price of Ravencoin increased 0.52% on Thursday.

The weekday on which the Ravencoin performed the worst, is Saturday. On Saturdays, the Ravencoin declined in value on average by -0.05%.

Ravencoin weekday performance

Ravencoin increased in value on an average Sunday only slightly. The average increase in value of the Ravencoin was 0.04%. Allthough the Ravencoin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (3.78%). This means that on 68 percent of the Sundays, the change in price of the Ravencoin is expected to be in the range of -3.74% and 3.82%.

Ravencoin increased in value on an average Monday only slightly. The average increase in value of the Ravencoin was 0.06%. Allthough the Ravencoin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (4.11%). This means that on 68 percent of the Mondays, the change in price of the Ravencoin is expected to be in the range of -4.05% and 4.17%.

On an average Tuesday, the Ravencoin increased 0.33%. However, since the expected deviation is 4.11%, the Ravencoin will decline in value on a Tuesday quiet regularly. The expected price change of the Ravencoin on a Tuesday is between -3.79% and 4.44%.

On an average Wednesday, the Ravencoin increased 0.30%. However, since the expected deviation is 4.50%, the Ravencoin will decline in value on a Wednesday quiet regularly. The expected price change of the Ravencoin on a Wednesday is between -4.20% and 4.80%.

On an average Thursday, the Ravencoin increased 0.52%. However, since the expected deviation is 5.49%, the Ravencoin will decline in value on a Thursday quiet regularly. The expected price change of the Ravencoin on a Thursday is between -4.97% and 6.00%.

Ravencoin increased in value on an average Friday only slightly. The average increase in value of the Ravencoin was 0.23%. Allthough the Ravencoin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (3.65%). This means that on 68 percent of the Fridays, the change in price of the Ravencoin is expected to be in the range of -3.42% and 3.88%.

It is hard to tell whether the Ravencoin will increase or decrease in value on an average Saturday. The average change on a Saturday for the Ravencoin is -0.05%. However, the standard deviation on this weekday is 3.77%. This means that on most Saturdays, the change in value of the Ravencoin is between -3.81% and 3.72%.

Ravencoin weekday performance details

Find below the details of the performance of Ravencoin 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 0.04% 3.78% -3.74% to 3.82%
Monday 0.06% 4.11% -4.05% to 4.17%
Tuesday 0.33% 4.11% -3.79% to 4.44%
Wednesday 0.30% 4.50% -4.20% to 4.80%
Thursday 0.52% 5.49% -4.97% to 6.00%
Friday 0.23% 3.65% -3.42% to 3.88%
Saturday -0.05% 3.77% -3.81% to 3.72%
 

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