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 year, starting on July 4th, 2019 to July 3rd, 2020.
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 07/04/2019 and 07/03/2020.
According to the performance of ReddCoin between July 4th, 2019 and July 3rd, 2020, ReddCoin performed the best on Saturdays. On average, the price of ReddCoin increased 0.79% on Saturday.
The weekday on which the ReddCoin performed the worst, is Thursday. On Thursdays, the ReddCoin declined in value on average by -1.96%.
ReddCoin weekday performance
On Sundays, the ReddCoin decreases in value on average with -0.80%. On most of the Sundays the ReddCoin decreases in value between -6.19% and 4.59%. The uncertainty (5.39%) is higher than the average decline percentage (-0.80%). Therefore, expected range of price changes of the ReddCoin on Sundays is large.
The ReddCoin declines in value on an average Monday with -1.09%. However, the uncertainty (or standard deviation) is quite large, namely 7.27%. This means that it is not possible to say whether on a regular Monday the ReddCoin will increase or decrease in value.
The ReddCoin declines in value on an average Tuesday with -1.54%. However, the uncertainty (or standard deviation) is quite large, namely 6.53%. This means that it is not possible to say whether on a regular Tuesday the ReddCoin will increase or decrease in value.
ReddCoin increased in value on an average Wednesday only slightly. The average increase in value of the ReddCoin was 0.25%. 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 (6.36%). This means that on 68 percent of the Wednesdays, the change in price of the ReddCoin is expected to be in the range of -6.11% and 6.61%.
The ReddCoin declines in value on an average Thursday with -1.96%. However, the uncertainty (or standard deviation) is quite large, namely 5.65%. This means that it is not possible to say whether on a regular Thursday the ReddCoin will increase or decrease in value.
Allthough the ReddCoin decreases in value with -0.44% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of ReddCoin on Fridays is 6.11%. This means that the expected change of the value of ReddCoin is between -6.55% and 5.67% on 68 out of 100 Fridays.
Historical performance on Saturday do not show an increase in value of the ReddCoin on which a prediction can be made. The ReddCoin increased in value on average on an average Saturday with 0.79%. However, the uncertainty of this increase is high. The expected change in value of the ReddCoin on a Saturday is between -5.57% and 7.15% (see also the table below).
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 | -0.80% | 5.39% | -6.19% to 4.59% |
| Monday | -1.09% | 7.27% | -8.36% to 6.18% |
| Tuesday | -1.54% | 6.53% | -8.07% to 4.98% |
| Wednesday | 0.25% | 6.36% | -6.11% to 6.61% |
| Thursday | -1.96% | 5.65% | -7.60% to 3.69% |
| Friday | -0.44% | 6.11% | -6.55% to 5.67% |
| Saturday | 0.79% | 6.36% | -5.57% to 7.15% |