Factom (FCT)

Current price: $ 1.73

24 hours price change: $ -0.02 (-1.17%)

Daily analysis of Factom (FCT) - 1 month

The performance of Factom regarding the price differs every day. To make the best decision to buy Factom, we are analysis in this article the performance of Factom on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on May 18th, 2021 to June 18th, 2021.

In the barchart below, the weekdays and average performance of Factom are shown side by side.

Average daily change in price of Factom per weekday between 05/18/2021 and 06/18/2021.

According to the performance of Factom between May 18th, 2021 and June 18th, 2021, Factom performed the best on Mondays. On average, the price of Factom increased 2.84% on Monday.

The weekday on which the Factom performed the worst, is Saturday. On Saturdays, the Factom declined in value on average by -2.11%.

Factom weekday performance

Historical performance on Sunday do not show an increase in value of the Factom on which a prediction can be made. The Factom increased in value on average on an average Sunday with 0.66%. However, the uncertainty of this increase is high. The expected change in value of the Factom on a Sunday is between -0.53% and 1.85% (see also the table below).

On an average Monday the Factom shows an increase in value of 2.84%. However, the change of Factom on most of the Mondays is between -1.56% and 7.25%. Therefore it is hard to tell whether an average Monday is a good day to start buying Factoms.

It is hard to tell whether the Factom will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Factom is -0.04%. However, the standard deviation on this weekday is 0.32%. This means that on most Tuesdays, the change in value of the Factom is between -0.36% and 0.28%.

On an average Wednesday the Factom shows an increase in value of 2.03%. However, the change of Factom on most of the Wednesdays is between -2.06% and 6.11%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Factoms.

The Factom declines in value on an average Thursday with -1.35%. However, the uncertainty (or standard deviation) is quite large, namely 2.17%. This means that it is not possible to say whether on a regular Thursday the Factom will increase or decrease in value.

The Factom declines in value on an average Friday with -2.06%. However, the uncertainty (or standard deviation) is quite large, namely 3.75%. This means that it is not possible to say whether on a regular Friday the Factom will increase or decrease in value.

The Factom declines in value on an average Saturday with -2.11%. However, the uncertainty (or standard deviation) is quite large, namely 3.23%. This means that it is not possible to say whether on a regular Saturday the Factom will increase or decrease in value.

Factom weekday performance details

Find below the details of the performance of Factom 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 0.66% 1.19% -0.53% to 1.85%
Monday 2.84% 4.41% -1.56% to 7.25%
Tuesday -0.04% 0.32% -0.36% to 0.28%
Wednesday 2.03% 4.09% -2.06% to 6.11%
Thursday -1.35% 2.17% -3.52% to 0.81%
Friday -2.06% 3.75% -5.81% to 1.69%
Saturday -2.11% 3.23% -5.33% to 1.12%
 

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