Zcash (ZEC)

Current price: $ 96.72

24 hours price change: $ -1.95 (-1.98%)

Daily analysis of Zcash (ZEC) - 1 month

The performance of Zcash regarding the price differs every day. To make the best decision to buy Zcash, we are analysis in this article the performance of Zcash on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on June 25th, 2021 to July 25th, 2021.

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

Average daily change in price of Zcash per weekday between 06/25/2021 and 07/25/2021.

According to the performance of Zcash between June 25th, 2021 and July 25th, 2021, Zcash performed the best on Mondays. On average, the price of Zcash increased 2.36% on Monday.

The weekday on which the Zcash performed the worst, is Friday. On Fridays, the Zcash declined in value on average by -2.19%.

Zcash weekday performance

Historical performance on Sunday do not show an increase in value of the Zcash on which a prediction can be made. The Zcash increased in value on average on an average Sunday with 0.69%. However, the uncertainty of this increase is high. The expected change in value of the Zcash on a Sunday is between -0.70% and 2.08% (see also the table below).

On an average Monday the Zcash shows an increase in value of 2.36%. However, the change of Zcash on most of the Mondays is between -1.75% and 6.48%. Therefore it is hard to tell whether an average Monday is a good day to start buying Zcashs.

On an average Tuesday the Zcash shows an increase in value of 1.77%. However, the change of Zcash on most of the Tuesdays is between -1.40% and 4.93%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Zcashs.

Historical performance on Wednesday do not show an increase in value of the Zcash on which a prediction can be made. The Zcash increased in value on average on an average Wednesday with 0.92%. However, the uncertainty of this increase is high. The expected change in value of the Zcash on a Wednesday is between -0.68% and 2.53% (see also the table below).

Zcash increased in value on an average Thursday only slightly. The average increase in value of the Zcash was 0.03%. Allthough the Zcash closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.03%). This means that on 68 percent of the Thursdays, the change in price of the Zcash is expected to be in the range of -0.01% and 0.06%.

The Zcash declines in value on an average Friday with -2.19%. However, the uncertainty (or standard deviation) is quite large, namely 4.31%. This means that it is not possible to say whether on a regular Friday the Zcash will increase or decrease in value.

Historical performance on Saturday do not show an increase in value of the Zcash on which a prediction can be made. The Zcash increased in value on average on an average Saturday with 0.69%. However, the uncertainty of this increase is high. The expected change in value of the Zcash on a Saturday is between -0.65% and 2.04% (see also the table below).

Zcash weekday performance details

Find below the details of the performance of Zcash 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 0.69% 1.39% -0.70% to 2.08%
Monday 2.36% 4.12% -1.75% to 6.48%
Tuesday 1.77% 3.16% -1.40% to 4.93%
Wednesday 0.92% 1.60% -0.68% to 2.53%
Thursday 0.03% 0.03% -0.01% to 0.06%
Friday -2.19% 4.31% -6.50% to 2.12%
Saturday 0.69% 1.35% -0.65% to 2.04%
 

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