Tezos (XTZ)

Current price: $ 4.08

24 hours price change: $ -0.01 (-0.27%)

Daily analysis of Tezos (XTZ) - 1 month

The performance of Tezos regarding the price differs every day. To make the best decision to buy Tezos, we are analysis in this article the performance of Tezos on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on December 19th, 2021 to January 18th, 2022.

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

Average daily change in price of Tezos per weekday between 12/19/2021 and 01/18/2022.

According to the performance of Tezos between December 19th, 2021 and January 18th, 2022, Tezos performed the best on Saturdays. On average, the price of Tezos increased 1.44% on Saturday.

The weekday on which the Tezos performed the worst, is Tuesday. On Tuesdays, the Tezos declined in value on average by -1.10%.

Tezos weekday performance

It is hard to tell whether the Tezos will increase or decrease in value on an average Sunday. The average change on a Sunday for the Tezos is -0.09%. However, the standard deviation on this weekday is 0.92%. This means that on most Sundays, the change in value of the Tezos is between -1.01% and 0.83%.

On Mondays, the Tezos decreases in value on average with -0.65%. On most of the Mondays the Tezos decreases in value between -1.60% and 0.31%. The uncertainty (0.96%) is higher than the average decline percentage (-0.65%). Therefore, expected range of price changes of the Tezos on Mondays is large.

The Tezos declines in value on an average Tuesday with -1.10%. However, the uncertainty (or standard deviation) is quite large, namely 1.89%. This means that it is not possible to say whether on a regular Tuesday the Tezos will increase or decrease in value.

On an average Wednesday the Tezos shows a high increase in value, namely 1.03%. The standard deviation is below the average increase percentage (standard deviation is 0.97%), meaning that on 68% of the Wednesdays the Tezos will increase with a percentage between 0.06% and 1.99%. This also means that, on average, on 16 percent of the Wednesdays, the Tezos will increase with a percentage above this range. On the other 16% of the Wednesdays, the Tezos will change with a percentage below the 0.06%.

On an average Thursday, the Tezos increased 0.52%. However, since the expected deviation is 0.94%, the Tezos will decline in value on a Thursday quiet regularly. The expected price change of the Tezos on a Thursday is between -0.43% and 1.46%.

It is hard to tell whether the Tezos will increase or decrease in value on an average Friday. The average change on a Friday for the Tezos is -0.12%. However, the standard deviation on this weekday is 0.99%. This means that on most Fridays, the change in value of the Tezos is between -1.12% and 0.87%.

On an average Saturday the Tezos shows a high increase in value, namely 1.44%. The standard deviation is below the average increase percentage (standard deviation is 0.38%), meaning that on 68% of the Saturdays the Tezos will increase with a percentage between 1.06% and 1.83%. This also means that, on average, on 16 percent of the Saturdays, the Tezos will increase with a percentage above this range. On the other 16% of the Saturdays, the Tezos will change with a percentage below the 1.06%.

Tezos weekday performance details

Find below the details of the performance of Tezos 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 -0.09% 0.92% -1.01% to 0.83%
Monday -0.65% 0.96% -1.60% to 0.31%
Tuesday -1.10% 1.89% -3.00% to 0.79%
Wednesday 1.03% 0.97% 0.06% to 1.99%
Thursday 0.52% 0.94% -0.43% to 1.46%
Friday -0.12% 0.99% -1.12% to 0.87%
Saturday 1.44% 0.38% 1.06% to 1.83%
 

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