RIF Token (RIF)

Current price: $ 0.14

24 hours price change: $ 0.02 (17.16%)

Daily analysis of RIF Token (RIF) - 1 month

The performance of RIF Token regarding the price differs every day. To make the best decision to buy RIF Token, we are analysis in this article the performance of RIF Token on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on July 18th, 2019 to August 17th, 2019.

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

Average daily change in price of RIF Token per weekday between 07/18/2019 and 08/17/2019.

According to the performance of RIF Token between July 18th, 2019 and August 17th, 2019, RIF Token performed the best on Wednesdays. On average, the price of RIF Token increased 0.92% on Wednesday.

The weekday on which the RIF Token performed the worst, is Sunday. On Sundays, the RIF Token declined in value on average by -1.14%.

RIF Token weekday performance

The RIF Token declines in value on an average Sunday with -1.14%. However, the uncertainty (or standard deviation) is quite large, namely 1.64%. This means that it is not possible to say whether on a regular Sunday the RIF Token will increase or decrease in value.

Allthough the RIF Token decreases in value with -0.31% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of RIF Token on Mondays is 1.75%. This means that the expected change of the value of RIF Token is between -2.06% and 1.43% on 68 out of 100 Mondays.

Allthough the RIF Token decreases in value with -0.50% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of RIF Token on Tuesdays is 0.59%. This means that the expected change of the value of RIF Token is between -1.09% and 0.10% on 68 out of 100 Tuesdays.

The expected range of change of the RIF Token for an average Wednesday is between 0.07% and 1.78%. This is the result of an average increase in value of 0.92% and a standard deviation of %STANDARD_DEVIATION%}. This expected increase of value is calculated over the last 1 month.

It is hard to tell whether the RIF Token will increase or decrease in value on an average Thursday. The average change on a Thursday for the RIF Token is -0.15%. However, the standard deviation on this weekday is 0.90%. This means that on most Thursdays, the change in value of the RIF Token is between -1.05% and 0.75%.

RIF Token increased in value on an average Friday only slightly. The average increase in value of the RIF Token was 0.15%. Allthough the RIF Token closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (3.01%). This means that on 68 percent of the Fridays, the change in price of the RIF Token is expected to be in the range of -2.86% and 3.15%.

It is hard to tell whether the RIF Token will increase or decrease in value on an average Saturday. The average change on a Saturday for the RIF Token is -0.10%. However, the standard deviation on this weekday is 0.95%. This means that on most Saturdays, the change in value of the RIF Token is between -1.06% and 0.85%.

RIF Token weekday performance details

Find below the details of the performance of RIF Token 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 -1.14% 1.64% -2.78% to 0.49%
Monday -0.31% 1.75% -2.06% to 1.43%
Tuesday -0.50% 0.59% -1.09% to 0.10%
Wednesday 0.92% 0.85% 0.07% to 1.78%
Thursday -0.15% 0.90% -1.05% to 0.75%
Friday 0.15% 3.01% -2.86% to 3.15%
Saturday -0.10% 0.95% -1.06% to 0.85%