Ravencoin (RVN)

Current price: $ 0.10

24 hours price change: $ -0.004800 (-4.38%)

Daily analysis of Ravencoin (RVN) - 6 months

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 6 months, starting on April 17th, 2021 to October 17th, 2021.

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 04/17/2021 and 10/17/2021.

According to the performance of Ravencoin between April 17th, 2021 and October 17th, 2021, Ravencoin performed the best on Mondays. On average, the price of Ravencoin increased 0.95% on Monday.

The weekday on which the Ravencoin performed the worst, is Friday. On Fridays, the Ravencoin declined in value on average by -0.72%.

Ravencoin weekday performance

On an average Sunday, the Ravencoin increased 0.40%. However, since the expected deviation is 1.39%, the Ravencoin will decline in value on a Sunday quiet regularly. The expected price change of the Ravencoin on a Sunday is between -0.99% and 1.79%.

Historical performance on Monday do not show an increase in value of the Ravencoin on which a prediction can be made. The Ravencoin increased in value on average on an average Monday with 0.95%. However, the uncertainty of this increase is high. The expected change in value of the Ravencoin on a Monday is between -3.43% and 5.32% (see also the table below).

Historical performance on Tuesday do not show an increase in value of the Ravencoin on which a prediction can be made. The Ravencoin increased in value on average on an average Tuesday with 0.63%. However, the uncertainty of this increase is high. The expected change in value of the Ravencoin on a Tuesday is between -1.40% and 2.65% (see also the table below).

Historical performance on Wednesday do not show an increase in value of the Ravencoin on which a prediction can be made. The Ravencoin increased in value on average on an average Wednesday with 0.76%. However, the uncertainty of this increase is high. The expected change in value of the Ravencoin on a Wednesday is between -2.75% and 4.27% (see also the table below).

It is hard to tell whether the Ravencoin will increase or decrease in value on an average Thursday. The average change on a Thursday for the Ravencoin is -0.08%. However, the standard deviation on this weekday is 1.75%. This means that on most Thursdays, the change in value of the Ravencoin is between -1.83% and 1.66%.

On Fridays, the Ravencoin decreases in value on average with -0.72%. On most of the Fridays the Ravencoin decreases in value between -4.12% and 2.69%. The uncertainty (3.40%) is higher than the average decline percentage (-0.72%). Therefore, expected range of price changes of the Ravencoin on Fridays is large.

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 -0.16%. However, the standard deviation on this weekday is 1.09%. This means that on most Saturdays, the change in value of the Ravencoin is between -1.25% and 0.92%.

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 0.40% 1.39% -0.99% to 1.79%
Monday 0.95% 4.38% -3.43% to 5.32%
Tuesday 0.63% 2.02% -1.40% to 2.65%
Wednesday 0.76% 3.51% -2.75% to 4.27%
Thursday -0.08% 1.75% -1.83% to 1.66%
Friday -0.72% 3.40% -4.12% to 2.69%
Saturday -0.16% 1.09% -1.25% to 0.92%
 

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