ZB (ZB)

Current price: $ 0.22

24 hours price change: $ 0.005190 (2.39%)

Daily analysis of ZB (ZB) - all

The performance of ZB regarding the price differs every day. To make the best decision to buy ZB, we are analysis in this article the performance of ZB on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on June 3rd, 2018 to July 1st, 2020.

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

Average daily change in price of ZB per weekday between 06/03/2018 and 07/01/2020.

According to the performance of ZB between June 3rd, 2018 and July 1st, 2020, ZB performed the best on Thursdays. On average, the price of ZB increased 0.54% on Thursday.

The weekday on which the ZB performed the worst, is Monday. On Mondays, the ZB declined in value on average by -0.39%.

ZB weekday performance

ZB increased in value on an average Sunday only slightly. The average increase in value of the ZB was 0.00%. Allthough the ZB closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (3.67%). This means that on 68 percent of the Sundays, the change in price of the ZB is expected to be in the range of -3.67% and 3.68%.

Allthough the ZB decreases in value with -0.39% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of ZB on Mondays is 3.46%. This means that the expected change of the value of ZB is between -3.85% and 3.07% on 68 out of 100 Mondays.

ZB increased in value on an average Tuesday only slightly. The average increase in value of the ZB was 0.27%. Allthough the ZB closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (5.18%). This means that on 68 percent of the Tuesdays, the change in price of the ZB is expected to be in the range of -4.91% and 5.45%.

Allthough the ZB decreases in value with -0.35% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of ZB on Wednesdays is 4.74%. This means that the expected change of the value of ZB is between -5.09% and 4.39% on 68 out of 100 Wednesdays.

On an average Thursday, the ZB increased 0.54%. However, since the expected deviation is 3.92%, the ZB will decline in value on a Thursday quiet regularly. The expected price change of the ZB on a Thursday is between -3.38% and 4.46%.

It is hard to tell whether the ZB will increase or decrease in value on an average Friday. The average change on a Friday for the ZB is -0.02%. However, the standard deviation on this weekday is 2.68%. This means that on most Fridays, the change in value of the ZB is between -2.69% and 2.66%.

It is hard to tell whether the ZB will increase or decrease in value on an average Saturday. The average change on a Saturday for the ZB is -0.18%. However, the standard deviation on this weekday is 3.41%. This means that on most Saturdays, the change in value of the ZB is between -3.59% and 3.24%.

ZB weekday performance details

Find below the details of the performance of ZB 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% 3.67% -3.67% to 3.68%
Monday -0.39% 3.46% -3.85% to 3.07%
Tuesday 0.27% 5.18% -4.91% to 5.45%
Wednesday -0.35% 4.74% -5.09% to 4.39%
Thursday 0.54% 3.92% -3.38% to 4.46%
Friday -0.02% 2.68% -2.69% to 2.66%
Saturday -0.18% 3.41% -3.59% to 3.24%
 

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