0x (ZRX)

Current price: $ 0.86

24 hours price change: $ -0.02 (-2.47%)

Daily analysis of 0x (ZRX) - 1 month

The performance of 0x regarding the price differs every day. To make the best decision to buy 0x, we are analysis in this article the performance of 0x on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on May 13th, 2021 to June 13th, 2021.

In the barchart below, the weekdays and average performance of 0x are shown side by side.

Average daily change in price of 0x per weekday between 05/13/2021 and 06/13/2021.

According to the performance of 0x between May 13th, 2021 and June 13th, 2021,  0x performed the best on Wednesdays. On average, the price of  0x increased 4.44% on Wednesday.

The weekday on which the 0x performed the worst, is Friday. On Fridays, the 0x declined in value on average by -2.38%.

0x weekday performance

Historical performance on Sunday do not show an increase in value of the 0x on which a prediction can be made. The 0x increased in value on average on an average Sunday with 0.87%. However, the uncertainty of this increase is high. The expected change in value of the 0x on a Sunday is between -0.84% and 2.58% (see also the table below).

On an average Monday the 0x shows an increase in value of 2.29%. However, the change of 0x on most of the Mondays is between -1.42% and 6.00%. Therefore it is hard to tell whether an average Monday is a good day to start buying 0xs.

It is hard to tell whether the 0x will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the 0x is -0.10%. However, the standard deviation on this weekday is 0.22%. This means that on most Tuesdays, the change in value of the 0x is between -0.31% and 0.12%.

The increase in value of the 0x is 4.44% on an average Wednesday. However, the uncertainty on the average change is high for the 0x on Wednesdays. This is the reason why an expected increase of the 0x on an average Wednesday cannot be predicted. The standard deviation for 0x on Wednesdays is high, namely 7.57%. This means that the expected range of value change for the 0x is -3.12% and 12.01% on 68% of the Wednesdays.

On Thursdays, the 0x decreases in value on average with -0.66%. On most of the Thursdays the 0x decreases in value between -2.46% and 1.15%. The uncertainty (1.81%) is higher than the average decline percentage (-0.66%). Therefore, expected range of price changes of the 0x on Thursdays is large.

The 0x declines in value on an average Friday with -2.38%. However, the uncertainty (or standard deviation) is quite large, namely 5.01%. This means that it is not possible to say whether on a regular Friday the 0x will increase or decrease in value.

The 0x declines in value on an average Saturday with -1.40%. However, the uncertainty (or standard deviation) is quite large, namely 2.70%. This means that it is not possible to say whether on a regular Saturday the 0x will increase or decrease in value.

0x weekday performance details

Find below the details of the performance of 0x 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 0.87% 1.71% -0.84% to 2.58%
Monday 2.29% 3.71% -1.42% to 6.00%
Tuesday -0.10% 0.22% -0.31% to 0.12%
Wednesday 4.44% 7.57% -3.12% to 12.01%
Thursday -0.66% 1.81% -2.46% to 1.15%
Friday -2.38% 5.01% -7.39% to 2.63%
Saturday -1.40% 2.70% -4.09% to 1.30%
 

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