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 year, starting on December 10th, 2022 to December 10th, 2023.
In the barchart below, the weekdays and average performance of Ren are shown side by side.
According to the performance of Ren between December 10th, 2022 and December 10th, 2023, Ren performed the best on Mondays. On average, the price of Ren increased 0.53% on Monday.
The weekday on which the Ren performed the worst, is Saturday. On Saturdays, the Ren declined in value on average by -0.19%.
Ren weekday performance
It is hard to tell whether the Ren will increase or decrease in value on an average Sunday. The average change on a Sunday for the Ren is -0.12%. However, the standard deviation on this weekday is 0.89%. This means that on most Sundays, the change in value of the Ren is between -1.01% and 0.78%.
On an average Monday, the Ren increased 0.53%. However, since the expected deviation is 3.30%, the Ren will decline in value on a Monday quiet regularly. The expected price change of the Ren on a Monday is between -2.77% and 3.83%.
It is hard to tell whether the Ren will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Ren is 0.00%. However, the standard deviation on this weekday is 0.97%. This means that on most Tuesdays, the change in value of the Ren is between -0.97% and 0.97%.
It is hard to tell whether the Ren will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Ren is -0.05%. However, the standard deviation on this weekday is 1.00%. This means that on most Wednesdays, the change in value of the Ren is between -1.05% and 0.96%.
Ren increased in value on an average Thursday only slightly. The average increase in value of the Ren was 0.25%. 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 (0.91%). This means that on 68 percent of the Thursdays, the change in price of the Ren is expected to be in the range of -0.66% and 1.16%.
It is hard to tell whether the Ren will increase or decrease in value on an average Friday. The average change on a Friday for the Ren is -0.12%. However, the standard deviation on this weekday is 0.79%. This means that on most Fridays, the change in value of the Ren is between -0.91% and 0.67%.
It is hard to tell whether the Ren will increase or decrease in value on an average Saturday. The average change on a Saturday for the Ren is -0.19%. However, the standard deviation on this weekday is 2.14%. This means that on most Saturdays, the change in value of the Ren is between -2.33% and 1.96%.
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 | -0.12% | 0.89% | -1.01% to 0.78% |
| Monday | 0.53% | 3.30% | -2.77% to 3.83% |
| Tuesday | 0.00% | 0.97% | -0.97% to 0.97% |
| Wednesday | -0.05% | 1.00% | -1.05% to 0.96% |
| Thursday | 0.25% | 0.91% | -0.66% to 1.16% |
| Friday | -0.12% | 0.79% | -0.91% to 0.67% |
| Saturday | -0.19% | 2.14% | -2.33% to 1.96% |