RIF Token (RIF)

Current price: $ 0.25

24 hours price change: $ 0.005684 (2.31%)

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 January 25th, 2021 to February 25th, 2021.

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 01/25/2021 and 02/25/2021.

According to the performance of RIF Token between January 25th, 2021 and February 25th, 2021, RIF Token performed the best on Wednesdays. On average, the price of RIF Token increased 3.23% 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 -2.47%.

RIF Token weekday performance

The RIF Token declines in value on an average Sunday with -2.47%. However, the uncertainty (or standard deviation) is quite large, namely 2.66%. This means that it is not possible to say whether on a regular Sunday the RIF Token will increase or decrease in value.

The RIF Token declines in value on an average Monday with -1.70%. However, the uncertainty (or standard deviation) is quite large, namely 3.18%. This means that it is not possible to say whether on a regular Monday the RIF Token will increase or decrease in value.

On an average Tuesday, the RIF Token increased 0.48%. However, since the expected deviation is 3.01%, the RIF Token will decline in value on a Tuesday quiet regularly. The expected price change of the RIF Token on a Tuesday is between -2.52% and 3.49%.

The increase in value of the RIF Token is 3.23% on an average Wednesday. However, the uncertainty on the average change is high for the RIF Token on Wednesdays. This is the reason why an expected increase of the RIF Token on an average Wednesday cannot be predicted. The standard deviation for RIF Token on Wednesdays is high, namely 6.95%. This means that the expected range of value change for the RIF Token is -3.72% and 10.17% on 68% of the Wednesdays.

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 -0.10%. However, the standard deviation on this weekday is 3.63%. This means that on most Thursdays, the change in value of the RIF Token is between -3.73% and 3.53%.

On an average Friday the RIF Token shows a high increase in value, namely 1.41%. The standard deviation is below the average increase percentage (standard deviation is 0.71%), meaning that on 68% of the Fridays the RIF Token will increase with a percentage between 0.70% and 2.13%. This also means that, on average, on 16 percent of the Fridays, the RIF Token will increase with a percentage above this range. On the other 16% of the Fridays, the RIF Token will change with a percentage below the 0.70%.

On an average Saturday, the RIF Token increased 0.57%. However, since the expected deviation is 2.28%, the RIF Token will decline in value on a Saturday quiet regularly. The expected price change of the RIF Token on a Saturday is between -1.71% and 2.85%.

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 -2.47% 2.66% -5.13% to 0.18%
Monday -1.70% 3.18% -4.89% to 1.48%
Tuesday 0.48% 3.01% -2.52% to 3.49%
Wednesday 3.23% 6.95% -3.72% to 10.17%
Thursday -0.10% 3.63% -3.73% to 3.53%
Friday 1.41% 0.71% 0.70% to 2.13%
Saturday 0.57% 2.28% -1.71% to 2.85%
 

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