ZB (ZB)

Current price: $ 0.54

24 hours price change: $ -0.05 (-8.72%)

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 November 11th, 2020 to May 11th, 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 11/11/2020 and 05/11/2021.

According to the performance of ZB between November 11th, 2020 and May 11th, 2021, ZB performed the best on Tuesdays. On average, the price of ZB increased 1.12% on Tuesday.

The weekday on which the ZB performed the worst, is Friday. On Fridays, the ZB declined in value on average by -2.20%.

ZB weekday performance

ZB increased in value on an average Sunday only slightly. The average increase in value of the ZB was 0.08%. 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 (1.73%). This means that on 68 percent of the Sundays, the change in price of the ZB is expected to be in the range of -1.65% and 1.81%.

Historical performance on Monday 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 Monday with 0.78%. However, the uncertainty of this increase is high. The expected change in value of the ZB on a Monday is between -1.16% and 2.72% (see also the table below).

On an average Tuesday the ZB shows an increase in value of 1.12%. However, the change of ZB on most of the Tuesdays is between -3.76% and 6.00%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying ZBs.

Historical performance on Wednesday 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 Wednesday with 0.76%. However, the uncertainty of this increase is high. The expected change in value of the ZB on a Wednesday is between -3.07% and 4.60% (see also the table below).

Allthough the ZB decreases in value with -0.36% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of ZB on Thursdays is 1.87%. This means that the expected change of the value of ZB is between -2.23% and 1.52% on 68 out of 100 Thursdays.

The ZB declines in value on an average Friday with -2.20%. However, the uncertainty (or standard deviation) is quite large, namely 12.61%. This means that it is not possible to say whether on a regular Friday the ZB will increase or decrease in value.

On an average Saturday the ZB shows an increase in value of 1.02%. However, the change of ZB on most of the Saturdays is between -1.70% and 3.73%. Therefore it is hard to tell whether an average Saturday is a good day to start buying ZBs.

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 0.08% 1.73% -1.65% to 1.81%
Monday 0.78% 1.94% -1.16% to 2.72%
Tuesday 1.12% 4.88% -3.76% to 6.00%
Wednesday 0.76% 3.84% -3.07% to 4.60%
Thursday -0.36% 1.87% -2.23% to 1.52%
Friday -2.20% 12.61% -14.81% to 10.41%
Saturday 1.02% 2.71% -1.70% to 3.73%
 

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