RIF Token (RIF)

Current price: $ 0.27

24 hours price change: $ 0.03 (11.91%)

Daily analysis of RIF Token (RIF) - 1 year

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 year, starting on March 1st, 2020 to March 1st, 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 03/01/2020 and 03/01/2021.

According to the performance of RIF Token between March 1st, 2020 and March 1st, 2021, RIF Token performed the best on Wednesdays. On average, the price of RIF Token increased 0.16% on Wednesday.

The weekday on which the RIF Token performed the worst, is Saturday. On Saturdays, the RIF Token declined in value on average by -0.65%.

RIF Token weekday performance

RIF Token increased in value on an average Sunday only slightly. The average increase in value of the RIF Token was 0.00%. Allthough the RIF Token closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.59%). This means that on 68 percent of the Sundays, the change in price of the RIF Token is expected to be in the range of -1.59% and 1.59%.

It is hard to tell whether the RIF Token will increase or decrease in value on an average Monday. The average change on a Monday for the RIF Token is -0.01%. However, the standard deviation on this weekday is 2.16%. This means that on most Mondays, the change in value of the RIF Token is between -2.17% and 2.16%.

RIF Token increased in value on an average Tuesday only slightly. The average increase in value of the RIF Token was 0.06%. Allthough the RIF Token closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.36%). This means that on 68 percent of the Tuesdays, the change in price of the RIF Token is expected to be in the range of -1.30% and 1.42%.

RIF Token increased in value on an average Wednesday only slightly. The average increase in value of the RIF Token was 0.16%. Allthough the RIF Token closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (3.21%). This means that on 68 percent of the Wednesdays, the change in price of the RIF Token is expected to be in the range of -3.04% and 3.37%.

Allthough the RIF Token decreases in value with -0.31% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of RIF Token on Thursdays is 2.65%. This means that the expected change of the value of RIF Token is between -2.96% and 2.34% on 68 out of 100 Thursdays.

It is hard to tell whether the RIF Token will increase or decrease in value on an average Friday. The average change on a Friday for the RIF Token is -0.22%. However, the standard deviation on this weekday is 2.16%. This means that on most Fridays, the change in value of the RIF Token is between -2.37% and 1.94%.

On Saturdays, the RIF Token decreases in value on average with -0.65%. On most of the Saturdays the RIF Token decreases in value between -2.77% and 1.47%. The uncertainty (2.12%) is higher than the average decline percentage (-0.65%). 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 0.00% 1.59% -1.59% to 1.59%
Monday -0.01% 2.16% -2.17% to 2.16%
Tuesday 0.06% 1.36% -1.30% to 1.42%
Wednesday 0.16% 3.21% -3.04% to 3.37%
Thursday -0.31% 2.65% -2.96% to 2.34%
Friday -0.22% 2.16% -2.37% to 1.94%
Saturday -0.65% 2.12% -2.77% to 1.47%
 

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