ReddCoin (RDD)

Current price: $ 0.001220

24 hours price change: $ 0.000010 (0.83%)

Daily analysis of ReddCoin (RDD) - 1 month

The performance of ReddCoin regarding the price differs every day. To make the best decision to buy ReddCoin, we are analysis in this article the performance of ReddCoin on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on December 24th, 2021 to January 24th, 2022.

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

Average daily change in price of ReddCoin per weekday between 12/24/2021 and 01/24/2022.

According to the performance of ReddCoin between December 24th, 2021 and January 24th, 2022, ReddCoin performed the best on Fridays. On average, the price of ReddCoin increased 8.46% on Friday.

The weekday on which the ReddCoin performed the worst, is Sunday. On Sundays, the ReddCoin declined in value on average by -2.40%.

ReddCoin weekday performance

The ReddCoin declines in value on an average Sunday with -2.40%. However, the uncertainty (or standard deviation) is quite large, namely 4.80%. This means that it is not possible to say whether on a regular Sunday the ReddCoin will increase or decrease in value.

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

ReddCoin increased in value on an average Tuesday only slightly. The average increase in value of the ReddCoin was 0.16%. Allthough the ReddCoin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.32%). This means that on 68 percent of the Tuesdays, the change in price of the ReddCoin is expected to be in the range of -0.16% and 0.48%.

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

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

The increase in value of the ReddCoin is 8.46% on an average Friday. However, the uncertainty on the average change is high for the ReddCoin on Fridays. This is the reason why an expected increase of the ReddCoin on an average Friday cannot be predicted. The standard deviation for ReddCoin on Fridays is high, namely 21.07%. This means that the expected range of value change for the ReddCoin is -12.61% and 29.52% on 68% of the Fridays.

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

ReddCoin weekday performance details

Find below the details of the performance of ReddCoin 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 -2.40% 4.80% -7.20% to 2.40%
Monday - - - to -
Tuesday 0.16% 0.32% -0.16% to 0.48%
Wednesday - - - to -
Thursday - - - to -
Friday 8.46% 21.07% -12.61% to 29.52%
Saturday - - - to -
 

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