RIF Token (RIF)

Current price: $ 0.14

24 hours price change: $ -0.006244 (-4.31%)

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 November 9th, 2023 to December 9th, 2023.

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 11/09/2023 and 12/09/2023.

According to the performance of RIF Token between November 9th, 2023 and December 9th, 2023, RIF Token performed the best on Wednesdays. On average, the price of RIF Token increased 1.46% 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 -0.91%.

RIF Token weekday performance

On Sundays, the RIF Token decreases in value on average with -0.91%. On most of the Sundays the RIF Token decreases in value between -2.90% and 1.07%. The uncertainty (1.98%) is higher than the average decline percentage (-0.91%). Therefore, expected range of price changes of the RIF Token on Sundays is large.

On an average Monday the RIF Token shows a high increase in value, namely 1.42%. The standard deviation is below the average increase percentage (standard deviation is 1.00%), meaning that on 68% of the Mondays the RIF Token will increase with a percentage between 0.43% and 2.42%. This also means that, on average, on 16 percent of the Mondays, the RIF Token will increase with a percentage above this range. On the other 16% of the Mondays, the RIF Token will change with a percentage below the 0.43%.

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 -0.25%. However, the standard deviation on this weekday is 1.56%. This means that on most Tuesdays, the change in value of the RIF Token is between -1.81% and 1.31%.

On an average Wednesday the RIF Token shows a high increase in value, namely 1.46%. The standard deviation is below the average increase percentage (standard deviation is 0.65%), meaning that on 68% of the Wednesdays the RIF Token will increase with a percentage between 0.81% and 2.11%. This also means that, on average, on 16 percent of the Wednesdays, the RIF Token will increase with a percentage above this range. On the other 16% of the Wednesdays, the RIF Token will change with a percentage below the 0.81%.

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 0.61%. However, the uncertainty of this increase is high. The expected change in value of the RIF Token on a Thursday is between -1.09% and 2.32% (see also the table below).

RIF Token increased in value on an average Friday only slightly. The average increase in value of the RIF Token was 0.08%. 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 (0.87%). 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 -0.79% and 0.95%.

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 -0.02%. However, the standard deviation on this weekday is 0.65%. This means that on most Saturdays, the change in value of the RIF Token is between -0.67% and 0.63%.

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 -0.91% 1.98% -2.90% to 1.07%
Monday 1.42% 1.00% 0.43% to 2.42%
Tuesday -0.25% 1.56% -1.81% to 1.31%
Wednesday 1.46% 0.65% 0.81% to 2.11%
Thursday 0.61% 1.71% -1.09% to 2.32%
Friday 0.08% 0.87% -0.79% to 0.95%
Saturday -0.02% 0.65% -0.67% to 0.63%
 

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