Ren (REN)

Current price: $ 0.24

24 hours price change: $ -0.005755 (-2.36%)

Daily analysis of Ren (REN) - 1 month

The performance of Ren regarding the price differs every day. To make the best decision to buy Ren, we are analysis in this article the performance of Ren on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on August 19th, 2020 to September 18th, 2020.

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

Average daily change in price of Ren per weekday between 08/19/2020 and 09/18/2020.

According to the performance of Ren between August 19th, 2020 and September 18th, 2020, Ren performed the best on Mondays. On average, the price of Ren increased 0.25% on Monday.

The weekday on which the Ren performed the worst, is Saturday. On Saturdays, the Ren declined in value on average by -1.99%.

Ren weekday performance

Ren increased in value on an average Sunday only slightly. The average increase in value of the Ren was 0.03%. Allthough the Ren closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.08%). This means that on 68 percent of the Sundays, the change in price of the Ren is expected to be in the range of -0.05% and 0.11%.

The Ren will almost not change or only slightly increase in value on an average Monday. The average change of the Ren on Mondays is 0.25%. The standard deviation of the Ren is 0.17%, which means that in 68% of the Mondays, the range of the change of the Ren is 0.08% and 0.42%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.

Ren increased in value on an average Tuesday only slightly. The average increase in value of the Ren was 0.04%. Allthough the Ren closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.16%). This means that on 68 percent of the Tuesdays, the change in price of the Ren is expected to be in the range of -0.13% and 0.20%.

Ren increased in value on an average Wednesday only slightly. The average increase in value of the Ren was 0.20%. Allthough the Ren closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.44%). This means that on 68 percent of the Wednesdays, the change in price of the Ren is expected to be in the range of -0.24% and 0.64%.

Ren increased in value on an average Thursday only slightly. The average increase in value of the Ren was 0.03%. Allthough the Ren 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 Ren is expected to be in the range of -0.17% and 0.23%.

Ren increased in value on an average Friday only slightly. The average increase in value of the Ren was 0.06%. Allthough the Ren 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 Fridays, the change in price of the Ren is expected to be in the range of -0.01% and 0.12%.

The Ren declines in value on an average Saturday with -1.99%. However, the uncertainty (or standard deviation) is quite large, namely 2.11%. This means that it is not possible to say whether on a regular Saturday the Ren will increase or decrease in value.

Ren weekday performance details

Find below the details of the performance of Ren 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 0.03% 0.08% -0.05% to 0.11%
Monday 0.25% 0.17% 0.08% to 0.42%
Tuesday 0.04% 0.16% -0.13% to 0.20%
Wednesday 0.20% 0.44% -0.24% to 0.64%
Thursday 0.03% 0.20% -0.17% to 0.23%
Friday 0.06% 0.07% -0.01% to 0.12%
Saturday -1.99% 2.11% -4.10% to 0.12%
 

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