ReddCoin (RDD)

Current price: $ 0.000926

24 hours price change: - (-)

Daily analysis of ReddCoin (RDD) - 1 month

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 1 month, starting on August 23rd, 2020 to September 23rd, 2020.

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 08/23/2020 and 09/23/2020.

According to the performance of ReddCoin between August 23rd, 2020 and September 23rd, 2020, ReddCoin performed the best on Thursdays. On average, the price of ReddCoin increased 0.15% on Thursday.

The weekday on which the ReddCoin performed the worst, is Wednesday. On Wednesdays, the ReddCoin rose in value on average by 0.00%. The price still increased on Wednesdays, allthough it was the smallest increase of all days on average.

ReddCoin weekday performance

ReddCoin increased in value on an average Sunday only slightly. The average increase in value of the ReddCoin was 0.00%. Allthough the ReddCoin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.06%). This means that on 68 percent of the Sundays, the change in price of the ReddCoin is expected to be in the range of -0.05% and 0.06%.

ReddCoin increased in value on an average Monday only slightly. The average increase in value of the ReddCoin was 0.06%. Allthough the ReddCoin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.07%). This means that on 68 percent of the Mondays, the change in price of the ReddCoin is expected to be in the range of -0.01% and 0.13%.

The ReddCoin will almost not change or only slightly increase in value on an average Tuesday. The average change of the ReddCoin on Tuesdays is 0.03%. The standard deviation of the ReddCoin is 0.03%, which means that in 68% of the Tuesdays, the range of the change of the ReddCoin is 0.00% and 0.06%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.

ReddCoin increased in value on an average Wednesday only slightly. The average increase in value of the ReddCoin was 0.00%. Allthough the ReddCoin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.10%). This means that on 68 percent of the Wednesdays, the change in price of the ReddCoin is expected to be in the range of -0.10% and 0.10%.

ReddCoin increased in value on an average Thursday only slightly. The average increase in value of the ReddCoin was 0.15%. Allthough the ReddCoin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.20%). This means that on 68 percent of the Thursdays, the change in price of the ReddCoin is expected to be in the range of -0.05% and 0.35%.

The ReddCoin will almost not change or only slightly increase in value on an average Friday. The average change of the ReddCoin on Fridays is 0.08%. The standard deviation of the ReddCoin is 0.01%, which means that in 68% of the Fridays, the range of the change of the ReddCoin is 0.07% and 0.09%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.

ReddCoin increased in value on an average Saturday only slightly. The average increase in value of the ReddCoin was 0.01%. Allthough the ReddCoin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.03%). This means that on 68 percent of the Saturdays, the change in price of the ReddCoin is expected to be in the range of -0.02% and 0.03%.

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 0.00% 0.06% -0.05% to 0.06%
Monday 0.06% 0.07% -0.01% to 0.13%
Tuesday 0.03% 0.03% 0.00% to 0.06%
Wednesday 0.00% 0.10% -0.10% to 0.10%
Thursday 0.15% 0.20% -0.05% to 0.35%
Friday 0.08% 0.01% 0.07% to 0.09%
Saturday 0.01% 0.03% -0.02% to 0.03%
 

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