RIF Token (RIF)

Current price: $ 0.08

24 hours price change: $ 0.002234 (3.05%)

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 October 20th, 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 10/20/2019.

According to the performance of RIF Token between January 28th, 2019 and October 20th, 2019, RIF Token performed the best on Thursdays. On average, the price of RIF Token increased 3.14% 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 -2.26%.

RIF Token weekday performance

On an average Sunday the RIF Token shows an increase in value of 1.30%. However, the change of RIF Token on most of the Sundays is between -4.91% and 7.51%. Therefore it is hard to tell whether an average Sunday is a good day to start buying RIF Tokens.

RIF Token increased in value on an average Monday only slightly. The average increase in value of the RIF Token was 0.17%. 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 (6.22%). This means that on 68 percent of the Mondays, the change in price of the RIF Token is expected to be in the range of -6.05% and 6.39%.

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 -0.27%. However, the standard deviation on this weekday is 6.65%. This means that on most Tuesdays, the change in value of the RIF Token is between -6.92% and 6.38%.

On an average Wednesday, the RIF Token increased 0.51%. However, since the expected deviation is 6.32%, the RIF Token will decline in value on a Wednesday quiet regularly. The expected price change of the RIF Token on a Wednesday is between -5.81% and 6.83%.

The increase in value of the RIF Token is 3.14% 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 14.48%. This means that the expected range of value change for the RIF Token is -11.34% and 17.62% on 68% of the Thursdays.

The RIF Token declines in value on an average Friday with -2.26%. However, the uncertainty (or standard deviation) is quite large, namely 8.88%. This means that it is not possible to say whether on a regular Friday the RIF Token will increase or decrease in value.

On Saturdays, the RIF Token decreases in value on average with -0.71%. On most of the Saturdays the RIF Token decreases in value between -6.82% and 5.39%. The uncertainty (6.10%) is higher than the average decline percentage (-0.71%). Therefore, expected range of price changes of the RIF Token on Saturdays is large.

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 1.30% 6.21% -4.91% to 7.51%
Monday 0.17% 6.22% -6.05% to 6.39%
Tuesday -0.27% 6.65% -6.92% to 6.38%
Wednesday 0.51% 6.32% -5.81% to 6.83%
Thursday 3.14% 14.48% -11.34% to 17.62%
Friday -2.26% 8.88% -11.14% to 6.62%
Saturday -0.71% 6.10% -6.82% to 5.39%