ReddCoin (RDD)

Current price: $ 0.000823

24 hours price change: - (-)

Daily analysis of ReddCoin (RDD) - all

The performance of ReddCoin regarding the price differs every day. To make the best decision to buy ReddCoin, we are analysis in this article the performance of ReddCoin on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on December 1st, 2014 to October 22nd, 2019.

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

Average daily change in price of ReddCoin per weekday between 12/01/2014 and 10/22/2019.

According to the performance of ReddCoin between December 1st, 2014 and October 22nd, 2019, ReddCoin performed the best on Saturdays. On average, the price of ReddCoin increased 2.67% on Saturday.

The weekday on which the ReddCoin performed the worst, is Sunday. On Sundays, the ReddCoin declined in value on average by -0.15%.

ReddCoin weekday performance

It is hard to tell whether the ReddCoin will increase or decrease in value on an average Sunday. The average change on a Sunday for the ReddCoin is -0.15%. However, the standard deviation on this weekday is 12.15%. This means that on most Sundays, the change in value of the ReddCoin is between -12.30% and 11.99%.

On an average Monday, the ReddCoin increased 0.48%. However, since the expected deviation is 15.02%, the ReddCoin will decline in value on a Monday quiet regularly. The expected price change of the ReddCoin on a Monday is between -14.55% and 15.50%.

On an average Tuesday the ReddCoin shows an increase in value of 2.26%. However, the change of ReddCoin on most of the Tuesdays is between -16.92% and 21.45%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying ReddCoins.

On an average Wednesday the ReddCoin shows an increase in value of 2.12%. However, the change of ReddCoin on most of the Wednesdays is between -13.27% and 17.52%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying ReddCoins.

On an average Thursday, the ReddCoin increased 0.46%. However, since the expected deviation is 13.18%, the ReddCoin will decline in value on a Thursday quiet regularly. The expected price change of the ReddCoin on a Thursday is between -12.71% and 13.64%.

Historical performance on Friday do not show an increase in value of the ReddCoin on which a prediction can be made. The ReddCoin increased in value on average on an average Friday with 1.00%. However, the uncertainty of this increase is high. The expected change in value of the ReddCoin on a Friday is between -13.38% and 15.37% (see also the table below).

On an average Saturday the ReddCoin shows an increase in value of 2.67%. However, the change of ReddCoin on most of the Saturdays is between -18.59% and 23.94%. Therefore it is hard to tell whether an average Saturday is a good day to start buying ReddCoins.

ReddCoin weekday performance details

Find below the details of the performance of ReddCoin 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 -0.15% 12.15% -12.30% to 11.99%
Monday 0.48% 15.02% -14.55% to 15.50%
Tuesday 2.26% 19.18% -16.92% to 21.45%
Wednesday 2.12% 15.40% -13.27% to 17.52%
Thursday 0.46% 13.18% -12.71% to 13.64%
Friday 1.00% 14.38% -13.38% to 15.37%
Saturday 2.67% 21.26% -18.59% to 23.94%