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 1 year, starting on December 1st, 2022 to December 1st, 2023.
In the barchart below, the weekdays and average performance of Ravencoin are shown side by side.
According to the performance of Ravencoin between December 1st, 2022 and December 1st, 2023, Ravencoin performed the best on Mondays. On average, the price of Ravencoin increased 0.39% on Monday.
The weekday on which the Ravencoin performed the worst, is Sunday. On Sundays, the Ravencoin declined in value on average by -0.13%.
Ravencoin weekday performance
It is hard to tell whether the Ravencoin will increase or decrease in value on an average Sunday. The average change on a Sunday for the Ravencoin is -0.13%. However, the standard deviation on this weekday is 0.87%. This means that on most Sundays, the change in value of the Ravencoin is between -1.00% and 0.74%.
On an average Monday, the Ravencoin increased 0.39%. However, since the expected deviation is 1.92%, the Ravencoin will decline in value on a Monday quiet regularly. The expected price change of the Ravencoin on a Monday is between -1.53% and 2.31%.
It is hard to tell whether the Ravencoin will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Ravencoin is -0.08%. However, the standard deviation on this weekday is 0.97%. This means that on most Tuesdays, the change in value of the Ravencoin is between -1.05% and 0.89%.
It is hard to tell whether the Ravencoin will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Ravencoin is -0.06%. However, the standard deviation on this weekday is 0.90%. This means that on most Wednesdays, the change in value of the Ravencoin is between -0.95% and 0.84%.
Ravencoin increased in value on an average Thursday only slightly. The average increase in value of the Ravencoin was 0.13%. 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 (1.00%). This means that on 68 percent of the Thursdays, the change in price of the Ravencoin is expected to be in the range of -0.86% and 1.13%.
It is hard to tell whether the Ravencoin will increase or decrease in value on an average Friday. The average change on a Friday for the Ravencoin is -0.04%. However, the standard deviation on this weekday is 1.01%. This means that on most Fridays, the change in value of the Ravencoin is between -1.05% and 0.97%.
Ravencoin increased in value on an average Saturday only slightly. The average increase in value of the Ravencoin was 0.11%. 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 (0.77%). This means that on 68 percent of the Saturdays, the change in price of the Ravencoin is expected to be in the range of -0.66% and 0.88%.
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 | -0.13% | 0.87% | -1.00% to 0.74% |
| Monday | 0.39% | 1.92% | -1.53% to 2.31% |
| Tuesday | -0.08% | 0.97% | -1.05% to 0.89% |
| Wednesday | -0.06% | 0.90% | -0.95% to 0.84% |
| Thursday | 0.13% | 1.00% | -0.86% to 1.13% |
| Friday | -0.04% | 1.01% | -1.05% to 0.97% |
| Saturday | 0.11% | 0.77% | -0.66% to 0.88% |