RIF Token (RIF)

Current price: $ 0.13

24 hours price change: $ -0.002700 (-2.11%)

Daily analysis of RIF Token (RIF) - 6 months

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 6 months, starting on March 22nd, 2019 to September 21st, 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 03/22/2019 and 09/21/2019.

According to the performance of RIF Token between March 22nd, 2019 and September 21st, 2019, RIF Token performed the best on Thursdays. On average, the price of RIF Token increased 4.47% 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 -2.90%.

RIF Token weekday performance

On an average Sunday the RIF Token shows an increase in value of 1.99%. However, the change of RIF Token on most of the Sundays is between -4.62% and 8.60%. Therefore it is hard to tell whether an average Sunday is a good day to start buying RIF Tokens.

Historical performance on Monday 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 Monday with 0.82%. However, the uncertainty of this increase is high. The expected change in value of the RIF Token on a Monday is between -5.84% and 7.48% (see also the table below).

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 -0.19%. However, the standard deviation on this weekday is 6.84%. This means that on most Tuesdays, the change in value of the RIF Token is between -7.03% and 6.65%.

Historical performance on Wednesday 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 Wednesday with 0.63%. However, the uncertainty of this increase is high. The expected change in value of the RIF Token on a Wednesday is between -5.34% and 6.60% (see also the table below).

The increase in value of the RIF Token is 4.47% 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 17.09%. This means that the expected range of value change for the RIF Token is -12.62% and 21.57% on 68% of the Thursdays.

The RIF Token declines in value on an average Friday with -2.90%. However, the uncertainty (or standard deviation) is quite large, namely 8.15%. This means that it is not possible to say whether on a regular Friday the RIF Token will increase or decrease in value.

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 -0.17%. However, the standard deviation on this weekday is 6.80%. This means that on most Saturdays, the change in value of the RIF Token is between -6.96% and 6.63%.

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 1.99% 6.61% -4.62% to 8.60%
Monday 0.82% 6.66% -5.84% to 7.48%
Tuesday -0.19% 6.84% -7.03% to 6.65%
Wednesday 0.63% 5.97% -5.34% to 6.60%
Thursday 4.47% 17.09% -12.62% to 21.57%
Friday -2.90% 8.15% -11.05% to 5.25%
Saturday -0.17% 6.80% -6.96% to 6.63%