Zcash (ZEC)

Current price: $ 54.32

24 hours price change: $ -0.010000 (-0.02%)

Daily analysis of Zcash (ZEC) - 6 months

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 6 months, starting on January 7th, 2020 to July 6th, 2020.

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 01/07/2020 and 07/06/2020.

According to the performance of Zcash between January 7th, 2020 and July 6th, 2020, Zcash performed the best on Tuesdays. On average, the price of Zcash increased 0.95% on Tuesday.

The weekday on which the Zcash performed the worst, is Friday. On Fridays, the Zcash declined in value on average by -0.28%.

Zcash weekday performance

It is hard to tell whether the Zcash will increase or decrease in value on an average Sunday. The average change on a Sunday for the Zcash is -0.02%. However, the standard deviation on this weekday is 0.88%. This means that on most Sundays, the change in value of the Zcash is between -0.90% and 0.86%.

It is hard to tell whether the Zcash will increase or decrease in value on an average Monday. The average change on a Monday for the Zcash is -0.03%. However, the standard deviation on this weekday is 0.77%. This means that on most Mondays, the change in value of the Zcash is between -0.80% and 0.74%.

Historical performance on Tuesday 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 Tuesday with 0.95%. However, the uncertainty of this increase is high. The expected change in value of the Zcash on a Tuesday is between -3.63% and 5.52% (see also the table below).

It is hard to tell whether the Zcash will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Zcash is -0.21%. However, the standard deviation on this weekday is 0.99%. This means that on most Wednesdays, the change in value of the Zcash is between -1.20% and 0.78%.

It is hard to tell whether the Zcash will increase or decrease in value on an average Thursday. The average change on a Thursday for the Zcash is -0.05%. However, the standard deviation on this weekday is 1.47%. This means that on most Thursdays, the change in value of the Zcash is between -1.52% and 1.41%.

It is hard to tell whether the Zcash will increase or decrease in value on an average Friday. The average change on a Friday for the Zcash is -0.28%. However, the standard deviation on this weekday is 0.87%. This means that on most Fridays, the change in value of the Zcash is between -1.14% and 0.59%.

It is hard to tell whether the Zcash will increase or decrease in value on an average Saturday. The average change on a Saturday for the Zcash is -0.14%. However, the standard deviation on this weekday is 0.84%. This means that on most Saturdays, the change in value of the Zcash is between -0.98% and 0.71%.

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 -0.02% 0.88% -0.90% to 0.86%
Monday -0.03% 0.77% -0.80% to 0.74%
Tuesday 0.95% 4.57% -3.63% to 5.52%
Wednesday -0.21% 0.99% -1.20% to 0.78%
Thursday -0.05% 1.47% -1.52% to 1.41%
Friday -0.28% 0.87% -1.14% to 0.59%
Saturday -0.14% 0.84% -0.98% to 0.71%
 

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