RIF Token (RIF)

Current price: $ 0.15

24 hours price change: $ 0.03 (20.75%)

Daily analysis of RIF Token (RIF) - 1 year

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 year, starting on January 28th, 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 01/28/2019 and 08/17/2019.

According to the performance of RIF Token between January 28th, 2019 and August 17th, 2019, RIF Token performed the best on Thursdays. On average, the price of RIF Token increased 4.44% on Thursday.

The weekday on which the RIF Token performed the worst, is Friday. On Fridays, the RIF Token declined in value on average by -3.03%.

RIF Token weekday performance

On an average Sunday the RIF Token shows an increase in value of 1.60%. However, the change of RIF Token on most of the Sundays is between -5.60% and 8.80%. Therefore it is hard to tell whether an average Sunday is a good day to start buying RIF Tokens.

On an average Monday, the RIF Token increased 0.36%. However, since the expected deviation is 7.02%, the RIF Token will decline in value on a Monday quiet regularly. The expected price change of the RIF Token on a Monday is between -6.66% and 7.38%.

Allthough the RIF Token decreases in value with -0.38% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of RIF Token on Tuesdays is 7.60%. This means that the expected change of the value of RIF Token is between -7.98% and 7.23% on 68 out of 100 Tuesdays.

Historical performance on Wednesday do not show an increase in value of the RIF Token on which a prediction can be made. The RIF Token increased in value on average on an average Wednesday with 0.70%. However, the uncertainty of this increase is high. The expected change in value of the RIF Token on a Wednesday is between -6.51% and 7.91% (see also the table below).

The increase in value of the RIF Token is 4.44% on an average Thursday. However, the uncertainty on the average change is high for the RIF Token on Thursdays. This is the reason why an expected increase of the RIF Token on an average Thursday cannot be predicted. The standard deviation for RIF Token on Thursdays is high, namely 16.32%. This means that the expected range of value change for the RIF Token is -11.88% and 20.77% on 68% of the Thursdays.

The decrease in value of the RIF Token is -3.03% on an average Friday. The uncertainty of the average change is high for the RIF Token on Fridays. This means that it is hard to tell whether the RIF Token will decrease or increase in value on an average Friday. If we look at the 68% range of the RIF Token, we see that on 68% of the Fridays, the expected change of the RIF Token is between -13.05% and 7.00%.

The RIF Token declines in value on an average Saturday with -1.02%. However, the uncertainty (or standard deviation) is quite large, namely 6.95%. This means that it is not possible to say whether on a regular Saturday the RIF Token will increase or decrease in value.

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 1.60% 7.20% -5.60% to 8.80%
Monday 0.36% 7.02% -6.66% to 7.38%
Tuesday -0.38% 7.60% -7.98% to 7.23%
Wednesday 0.70% 7.21% -6.51% to 7.91%
Thursday 4.44% 16.32% -11.88% to 20.77%
Friday -3.03% 10.03% -13.05% to 7.00%
Saturday -1.02% 6.95% -7.97% to 5.93%