Factom (FCT)

Current price: $ 1.47

24 hours price change: $ -0.02 (-1.21%)

Daily analysis of Factom (FCT) - 6 months

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 6 months, starting on January 29th, 2021 to July 29th, 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 01/29/2021 and 07/29/2021.

According to the performance of Factom between January 29th, 2021 and July 29th, 2021, Factom performed the best on Tuesdays. On average, the price of Factom increased 1.51% on Tuesday.

The weekday on which the Factom performed the worst, is Thursday. On Thursdays, the Factom declined in value on average by -0.87%.

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 0.69%. However, the uncertainty of this increase is high. The expected change in value of the Factom on a Sunday is between -1.41% and 2.79% (see also the table below).

On an average Monday the Factom shows an increase in value of 1.03%. However, the change of Factom on most of the Mondays is between -3.95% and 6.01%. Therefore it is hard to tell whether an average Monday is a good day to start buying Factoms.

On an average Tuesday the Factom shows an increase in value of 1.51%. However, the change of Factom on most of the Tuesdays is between -2.78% and 5.80%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Factoms.

On an average Wednesday the Factom shows an increase in value of 1.00%. However, the change of Factom on most of the Wednesdays is between -2.98% and 4.98%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Factoms.

On Thursdays, the Factom decreases in value on average with -0.87%. On most of the Thursdays the Factom decreases in value between -4.92% and 3.18%. The uncertainty (4.05%) is higher than the average decline percentage (-0.87%). Therefore, expected range of price changes of the Factom on Thursdays is large.

On an average Friday the Factom shows an increase in value of 1.10%. However, the change of Factom on most of the Fridays is between -3.16% and 5.37%. Therefore it is hard to tell whether an average Friday is a good day to start buying Factoms.

On Saturdays, the Factom decreases in value on average with -0.71%. On most of the Saturdays the Factom decreases in value between -3.34% and 1.93%. The uncertainty (2.64%) is higher than the average decline percentage (-0.71%). Therefore, expected range of price changes of the Factom on Saturdays is large.

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 0.69% 2.10% -1.41% to 2.79%
Monday 1.03% 4.98% -3.95% to 6.01%
Tuesday 1.51% 4.29% -2.78% to 5.80%
Wednesday 1.00% 3.98% -2.98% to 4.98%
Thursday -0.87% 4.05% -4.92% to 3.18%
Friday 1.10% 4.27% -3.16% to 5.37%
Saturday -0.71% 2.64% -3.34% to 1.93%
 

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