ZB (ZB)

Current price: $ 0.30

24 hours price change: $ -0.002300 (-0.77%)

Daily analysis of ZB (ZB) - 6 months

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 6 months, starting on January 29th, 2021 to July 29th, 2021.

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 01/29/2021 and 07/29/2021.

According to the performance of ZB between January 29th, 2021 and July 29th, 2021, ZB performed the best on Fridays. On average, the price of ZB increased 5.60% on Friday.

The weekday on which the ZB performed the worst, is Wednesday. On Wednesdays, the ZB declined in value on average by -0.10%.

ZB weekday performance

It is hard to tell whether the ZB will increase or decrease in value on an average Sunday. The average change on a Sunday for the ZB is -0.01%. However, the standard deviation on this weekday is 1.53%. This means that on most Sundays, the change in value of the ZB is between -1.55% and 1.52%.

On an average Monday, the ZB increased 0.41%. However, since the expected deviation is 1.55%, the ZB will decline in value on a Monday quiet regularly. The expected price change of the ZB on a Monday is between -1.14% and 1.96%.

On an average Tuesday the ZB shows an increase in value of 1.51%. However, the change of ZB on most of the Tuesdays is between -2.96% and 5.98%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying ZBs.

It is hard to tell whether the ZB will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the ZB is -0.10%. However, the standard deviation on this weekday is 0.51%. This means that on most Wednesdays, the change in value of the ZB is between -0.62% and 0.41%.

ZB increased in value on an average Thursday 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 (1.02%). This means that on 68 percent of the Thursdays, the change in price of the ZB is expected to be in the range of -1.02% and 1.02%.

The increase in value of the ZB is 5.60% on an average Friday. However, the uncertainty on the average change is high for the ZB on Fridays. This is the reason why an expected increase of the ZB on an average Friday cannot be predicted. The standard deviation for ZB on Fridays is high, namely 25.97%. This means that the expected range of value change for the ZB is -20.37% and 31.57% on 68% of the Fridays.

Historical performance on Saturday do not show an increase in value of the ZB on which a prediction can be made. The ZB increased in value on average on an average Saturday with 0.92%. However, the uncertainty of this increase is high. The expected change in value of the ZB on a Saturday is between -1.74% and 3.58% (see also the table below).

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 -0.01% 1.53% -1.55% to 1.52%
Monday 0.41% 1.55% -1.14% to 1.96%
Tuesday 1.51% 4.47% -2.96% to 5.98%
Wednesday -0.10% 0.51% -0.62% to 0.41%
Thursday 0.00% 1.02% -1.02% to 1.02%
Friday 5.60% 25.97% -20.37% to 31.57%
Saturday 0.92% 2.66% -1.74% to 3.58%
 

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