ZB (ZB)

Current price: $ 0.40

24 hours price change: $ 0.005309 (1.34%)

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 September 2nd, 2020 to March 2nd, 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 09/02/2020 and 03/02/2021.

According to the performance of ZB between September 2nd, 2020 and March 2nd, 2021, ZB performed the best on Saturdays. On average, the price of ZB increased 1.03% on Saturday.

The weekday on which the ZB performed the worst, is Friday. On Fridays, the ZB declined in value on average by -2.42%.

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 -0.11%. However, the standard deviation on this weekday is 1.63%. This means that on most Sundays, the change in value of the ZB is between -1.74% and 1.52%.

On an average Monday, the ZB increased 0.53%. However, since the expected deviation is 1.84%, the ZB will decline in value on a Monday quiet regularly. The expected price change of the ZB on a Monday is between -1.32% and 2.37%.

Historical performance on Tuesday 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 Tuesday with 0.79%. However, the uncertainty of this increase is high. The expected change in value of the ZB on a Tuesday is between -3.92% and 5.50% (see also the table below).

On an average Wednesday, the ZB increased 0.56%. However, since the expected deviation is 4.04%, the ZB will decline in value on a Wednesday quiet regularly. The expected price change of the ZB on a Wednesday is between -3.47% and 4.60%.

Allthough the ZB decreases in value with -0.40% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of ZB on Thursdays is 1.64%. This means that the expected change of the value of ZB is between -2.04% and 1.24% on 68 out of 100 Thursdays.

The ZB declines in value on an average Friday with -2.42%. However, the uncertainty (or standard deviation) is quite large, namely 12.45%. 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 1.03%. However, the change of ZB on most of the Saturdays is between -1.66% 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 -0.11% 1.63% -1.74% to 1.52%
Monday 0.53% 1.84% -1.32% to 2.37%
Tuesday 0.79% 4.71% -3.92% to 5.50%
Wednesday 0.56% 4.04% -3.47% to 4.60%
Thursday -0.40% 1.64% -2.04% to 1.24%
Friday -2.42% 12.45% -14.86% to 10.03%
Saturday 1.03% 2.70% -1.66% to 3.73%
 

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