Tezos (XTZ)

Current price: $ 0.78

24 hours price change: $ 0.003839 (0.50%)

Daily analysis of Tezos (XTZ) - 6 months

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 6 months, starting on December 23rd, 2023 to June 23rd, 2024.

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 12/23/2023 and 06/23/2024.

According to the performance of Tezos between December 23rd, 2023 and June 23rd, 2024, Tezos performed the best on Mondays. On average, the price of Tezos increased 0.51% on Monday.

The weekday on which the Tezos performed the worst, is Sunday. On Sundays, the Tezos declined in value on average by -0.57%.

Tezos weekday performance

Allthough the Tezos decreases in value with -0.57% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Tezos on Sundays is 1.38%. This means that the expected change of the value of Tezos is between -1.95% and 0.81% on 68 out of 100 Sundays.

On an average Monday, the Tezos increased 0.51%. However, since the expected deviation is 2.21%, the Tezos will decline in value on a Monday quiet regularly. The expected price change of the Tezos on a Monday is between -1.69% and 2.72%.

Allthough the Tezos decreases in value with -0.44% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Tezos on Tuesdays is 1.73%. This means that the expected change of the value of Tezos is between -2.17% and 1.28% on 68 out of 100 Tuesdays.

On an average Wednesday, the Tezos increased 0.34%. However, since the expected deviation is 1.86%, the Tezos will decline in value on a Wednesday quiet regularly. The expected price change of the Tezos on a Wednesday is between -1.52% and 2.20%.

It is hard to tell whether the Tezos will increase or decrease in value on an average Thursday. The average change on a Thursday for the Tezos is -0.04%. However, the standard deviation on this weekday is 1.52%. This means that on most Thursdays, the change in value of the Tezos is between -1.55% and 1.48%.

Tezos increased in value on an average Friday only slightly. The average increase in value of the Tezos was 0.02%. Allthough the Tezos closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.99%). This means that on 68 percent of the Fridays, the change in price of the Tezos is expected to be in the range of -0.97% and 1.01%.

It is hard to tell whether the Tezos will increase or decrease in value on an average Saturday. The average change on a Saturday for the Tezos is -0.07%. However, the standard deviation on this weekday is 1.18%. This means that on most Saturdays, the change in value of the Tezos is between -1.24% and 1.11%.

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 -0.57% 1.38% -1.95% to 0.81%
Monday 0.51% 2.21% -1.69% to 2.72%
Tuesday -0.44% 1.73% -2.17% to 1.28%
Wednesday 0.34% 1.86% -1.52% to 2.20%
Thursday -0.04% 1.52% -1.55% to 1.48%
Friday 0.02% 0.99% -0.97% to 1.01%
Saturday -0.07% 1.18% -1.24% to 1.11%
 

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