Factom (FCT)

Current price: $ 0.99

24 hours price change: $ -0.15 (-13.25%)

Daily analysis of Factom (FCT) - 1 year

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 year, starting on January 22nd, 2021 to January 22nd, 2022.

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 01/22/2021 and 01/22/2022.

According to the performance of Factom between January 22nd, 2021 and January 22nd, 2022, Factom performed the best on Fridays. On average, the price of Factom increased 0.88% on Friday.

The weekday on which the Factom performed the worst, is Thursday. On Thursdays, the Factom declined in value on average by -0.48%.

Factom weekday performance

On an average Sunday, the Factom increased 0.37%. However, since the expected deviation is 2.19%, the Factom will decline in value on a Sunday quiet regularly. The expected price change of the Factom on a Sunday is between -1.83% and 2.56%.

On an average Monday, the Factom increased 0.49%. However, since the expected deviation is 3.67%, the Factom will decline in value on a Monday quiet regularly. The expected price change of the Factom on a Monday is between -3.18% and 4.16%.

Factom increased in value on an average Tuesday only slightly. The average increase in value of the Factom was 0.27%. Allthough the Factom closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (3.54%). This means that on 68 percent of the Tuesdays, the change in price of the Factom is expected to be in the range of -3.27% and 3.81%.

Historical performance on Wednesday 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 Wednesday with 0.69%. However, the uncertainty of this increase is high. The expected change in value of the Factom on a Wednesday is between -2.51% and 3.89% (see also the table below).

Allthough the Factom decreases in value with -0.48% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Factom on Thursdays is 3.17%. This means that the expected change of the value of Factom is between -3.64% and 2.69% on 68 out of 100 Thursdays.

Historical performance on Friday 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 Friday with 0.88%. However, the uncertainty of this increase is high. The expected change in value of the Factom on a Friday is between -3.60% and 5.36% (see also the table below).

It is hard to tell whether the Factom will increase or decrease in value on an average Saturday. The average change on a Saturday for the Factom is -0.28%. However, the standard deviation on this weekday is 2.54%. This means that on most Saturdays, the change in value of the Factom is between -2.82% and 2.26%.

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 0.37% 2.19% -1.83% to 2.56%
Monday 0.49% 3.67% -3.18% to 4.16%
Tuesday 0.27% 3.54% -3.27% to 3.81%
Wednesday 0.69% 3.20% -2.51% to 3.89%
Thursday -0.48% 3.17% -3.64% to 2.69%
Friday 0.88% 4.48% -3.60% to 5.36%
Saturday -0.28% 2.54% -2.82% to 2.26%
 

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