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 years, starting on January 28th, 2019 to January 21st, 2022.
In the barchart below, the weekdays and average performance of RIF Token are shown side by side.
According to the performance of RIF Token between January 28th, 2019 and January 21st, 2022, RIF Token performed the best on Thursdays. On average, the price of RIF Token increased 0.62% 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 -0.68%.
RIF Token weekday performance
On an average Sunday, the RIF Token increased 0.37%. However, since the expected deviation is 3.35%, the RIF Token will decline in value on a Sunday quiet regularly. The expected price change of the RIF Token on a Sunday is between -2.98% and 3.72%.
On an average Monday, the RIF Token increased 0.36%. However, since the expected deviation is 3.67%, 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 -3.31% and 4.04%.
It is hard to tell whether the RIF Token will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the RIF Token is -0.01%. However, the standard deviation on this weekday is 3.62%. This means that on most Tuesdays, the change in value of the RIF Token is between -3.63% and 3.61%.
RIF Token increased in value on an average Wednesday only slightly. The average increase in value of the RIF Token was 0.13%. 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 (3.76%). This means that on 68 percent of the Wednesdays, the change in price of the RIF Token is expected to be in the range of -3.63% and 3.89%.
Historical performance on Thursday 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 Thursday with 0.62%. However, the uncertainty of this increase is high. The expected change in value of the RIF Token on a Thursday is between -6.91% and 8.15% (see also the table below).
On Fridays, the RIF Token decreases in value on average with -0.68%. On most of the Fridays the RIF Token decreases in value between -5.45% and 4.09%. The uncertainty (4.77%) is higher than the average decline percentage (-0.68%). Therefore, expected range of price changes of the RIF Token on Fridays is large.
Allthough the RIF Token decreases in value with -0.35% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of RIF Token on Saturdays is 3.41%. This means that the expected change of the value of RIF Token is between -3.76% and 3.06% on 68 out of 100 Saturdays.
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||0.37%||3.35%||-2.98% to 3.72%|
|Monday||0.36%||3.67%||-3.31% to 4.04%|
|Tuesday||-0.01%||3.62%||-3.63% to 3.61%|
|Wednesday||0.13%||3.76%||-3.63% to 3.89%|
|Thursday||0.62%||7.53%||-6.91% to 8.15%|
|Friday||-0.68%||4.77%||-5.45% to 4.09%|
|Saturday||-0.35%||3.41%||-3.76% to 3.06%|