RIF Token (RIF)

Current price: $ 0.19

24 hours price change: $ -0.03 (-13.84%)

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 July 15th, 2020 to January 14th, 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 07/15/2020 and 01/14/2021.

According to the performance of RIF Token between July 15th, 2020 and January 14th, 2021, RIF Token performed the best on Mondays. On average, the price of RIF Token increased 0.41% on Monday.

The weekday on which the RIF Token performed the worst, is Thursday. On Thursdays, the RIF Token declined in value on average by -0.60%.

RIF Token weekday performance

It is hard to tell whether the RIF Token will increase or decrease in value on an average Sunday. The average change on a Sunday for the RIF Token is -0.05%. However, the standard deviation on this weekday is 0.63%. This means that on most Sundays, the change in value of the RIF Token is between -0.68% and 0.58%.

On an average Monday, the RIF Token increased 0.41%. However, since the expected deviation is 2.50%, the RIF Token will decline in value on a Monday quiet regularly. The expected price change of the RIF Token on a Monday is between -2.09% and 2.90%.

RIF Token increased in value on an average Tuesday only slightly. The average increase in value of the RIF Token was 0.07%. 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 (0.56%). This means that on 68 percent of the Tuesdays, the change in price of the RIF Token is expected to be in the range of -0.49% and 0.62%.

RIF Token increased in value on an average Wednesday only slightly. The average increase in value of the RIF Token was 0.06%. 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 (2.29%). This means that on 68 percent of the Wednesdays, the change in price of the RIF Token is expected to be in the range of -2.24% and 2.35%.

On Thursdays, the RIF Token decreases in value on average with -0.60%. On most of the Thursdays the RIF Token decreases in value between -2.66% and 1.46%. The uncertainty (2.06%) is higher than the average decline percentage (-0.60%). Therefore, expected range of price changes of the RIF Token on Thursdays is large.

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 -0.28%. However, the standard deviation on this weekday is 1.56%. This means that on most Fridays, the change in value of the RIF Token is between -1.84% and 1.27%.

Allthough the RIF Token decreases in value with -0.53% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of RIF Token on Saturdays is 1.40%. This means that the expected change of the value of RIF Token is between -1.93% and 0.87% on 68 out of 100 Saturdays.

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 -0.05% 0.63% -0.68% to 0.58%
Monday 0.41% 2.50% -2.09% to 2.90%
Tuesday 0.07% 0.56% -0.49% to 0.62%
Wednesday 0.06% 2.29% -2.24% to 2.35%
Thursday -0.60% 2.06% -2.66% to 1.46%
Friday -0.28% 1.56% -1.84% to 1.27%
Saturday -0.53% 1.40% -1.93% to 0.87%
 

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