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 9th, 2023 to February 9th, 2023.
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 9th, 2023 and February 9th, 2023, RIF Token performed the best on Thursdays. On average, the price of RIF Token increased 1.02% on Thursday.
The weekday on which the RIF Token performed the worst, is Sunday. On Sundays, the RIF Token declined in value on average by -0.30%.
RIF Token weekday performance
Allthough the RIF Token decreases in value with -0.30% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of RIF Token on Sundays is 0.87%. This means that the expected change of the value of RIF Token is between -1.17% and 0.56% on 68 out of 100 Sundays.
The expected range of change of the RIF Token for an average Monday is between 0.41% and 1.42%. This is the result of an average increase in value of 0.91% 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 Tuesday. The average change on a Tuesday for the RIF Token is -0.22%. However, the standard deviation on this weekday is 1.00%. This means that on most Tuesdays, the change in value of the RIF Token is between -1.22% and 0.78%.
It is hard to tell whether the RIF Token will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the RIF Token is -0.17%. However, the standard deviation on this weekday is 0.90%. This means that on most Wednesdays, the change in value of the RIF Token is between -1.07% and 0.72%.
On an average Thursday the RIF Token shows a high increase in value, namely 1.02%. The standard deviation is below the average increase percentage (standard deviation is 0.74%), meaning that on 68% of the Thursdays the RIF Token will increase with a percentage between 0.28% and 1.75%. This also means that, on average, on 16 percent of the Thursdays, the RIF Token will increase with a percentage above this range. On the other 16% of the Thursdays, the RIF Token will change with a percentage below the 0.28%.
It is hard to tell whether the RIF Token will increase or decrease in value on an average Friday. The average change on a Friday for the RIF Token is -0.16%. However, the standard deviation on this weekday is 1.21%. This means that on most Fridays, the change in value of the RIF Token is between -1.36% and 1.05%.
Historical performance on Saturday 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 Saturday with 0.86%. However, the uncertainty of this increase is high. The expected change in value of the RIF Token on a Saturday is between -0.68% and 2.39% (see also the table below).
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||-0.30%||0.87%||-1.17% to 0.56%|
|Monday||0.91%||0.50%||0.41% to 1.42%|
|Tuesday||-0.22%||1.00%||-1.22% to 0.78%|
|Wednesday||-0.17%||0.90%||-1.07% to 0.72%|
|Thursday||1.02%||0.74%||0.28% to 1.75%|
|Friday||-0.16%||1.21%||-1.36% to 1.05%|
|Saturday||0.86%||1.54%||-0.68% to 2.39%|