RIF Token (RIF)

Current price: $ 0.28

24 hours price change: $ 0.02 (6.11%)

Daily analysis of RIF Token (RIF) - 1 month

The performance of RIF Token regarding the price differs every day. To make the best decision to buy RIF Token, we are analysis in this article the performance of RIF Token on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on February 7th, 2021 to March 7th, 2021.

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

Average daily change in price of RIF Token per weekday between 02/07/2021 and 03/07/2021.

According to the performance of RIF Token between February 7th, 2021 and March 7th, 2021, RIF Token performed the best on Thursdays. On average, the price of RIF Token increased 1.18% on Thursday.

The weekday on which the RIF Token performed the worst, is Sunday. On Sundays, the RIF Token declined in value on average by -2.39%.

RIF Token weekday performance

The RIF Token declines in value on an average Sunday with -2.39%. However, the uncertainty (or standard deviation) is quite large, namely 2.42%. This means that it is not possible to say whether on a regular Sunday the RIF Token will increase or decrease in value.

On Mondays, the RIF Token decreases in value on average with -0.65%. On most of the Mondays the RIF Token decreases in value between -2.68% and 1.38%. The uncertainty (2.03%) is higher than the average decline percentage (-0.65%). Therefore, expected range of price changes of the RIF Token on Mondays is large.

On Tuesdays, the RIF Token decreases in value on average with -0.80%. On most of the Tuesdays the RIF Token decreases in value between -2.50% and 0.89%. The uncertainty (1.69%) is higher than the average decline percentage (-0.80%). Therefore, expected range of price changes of the RIF Token on Tuesdays is large.

On Wednesdays, the RIF Token decreases in value on average with -0.62%. On most of the Wednesdays the RIF Token decreases in value between -4.36% and 3.12%. The uncertainty (3.74%) is higher than the average decline percentage (-0.62%). Therefore, expected range of price changes of the RIF Token on Wednesdays is large.

On an average Thursday the RIF Token shows a high increase in value, namely 1.18%. The standard deviation is below the average increase percentage (standard deviation is 1.01%), meaning that on 68% of the Thursdays the RIF Token will increase with a percentage between 0.17% and 2.18%. This also means that, on average, on 16 percent of the Thursdays, the RIF Token will increase with a percentage above this range. On the other 16% of the Thursdays, the RIF Token will change with a percentage below the 0.17%.

The RIF Token declines in value on an average Friday with -1.25%. However, the uncertainty (or standard deviation) is quite large, namely 2.53%. This means that it is not possible to say whether on a regular Friday the RIF Token will increase or decrease in value.

On Saturdays, the RIF Token decreases in value on average with -0.89%. On most of the Saturdays the RIF Token decreases in value between -2.71% and 0.94%. The uncertainty (1.83%) is higher than the average decline percentage (-0.89%). Therefore, expected range of price changes of the RIF Token on Saturdays is large.

RIF Token weekday performance details

Find below the details of the performance of RIF Token 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 -2.39% 2.42% -4.81% to 0.04%
Monday -0.65% 2.03% -2.68% to 1.38%
Tuesday -0.80% 1.69% -2.50% to 0.89%
Wednesday -0.62% 3.74% -4.36% to 3.12%
Thursday 1.18% 1.01% 0.17% to 2.18%
Friday -1.25% 2.53% -3.79% to 1.28%
Saturday -0.89% 1.83% -2.71% to 0.94%
 

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