Zcoin (XZC)

Current price: $ 4.14

24 hours price change: $ -0.03 (-0.63%)

Daily analysis of Zcoin (XZC) - all

The performance of Zcoin regarding the price differs every day. To make the best decision to buy Zcoin, we are analysis in this article the performance of Zcoin on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on October 13th, 2016 to July 1st, 2020.

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

Average daily change in price of Zcoin per weekday between 10/13/2016 and 07/01/2020.

According to the performance of Zcoin between October 13th, 2016 and July 1st, 2020, Zcoin performed the best on Tuesdays. On average, the price of Zcoin increased 1.08% on Tuesday.

The weekday on which the Zcoin performed the worst, is Thursday. On Thursdays, the Zcoin declined in value on average by -0.35%.

Zcoin weekday performance

On an average Sunday, the Zcoin increased 0.41%. However, since the expected deviation is 9.30%, the Zcoin will decline in value on a Sunday quiet regularly. The expected price change of the Zcoin on a Sunday is between -8.89% and 9.71%.

Zcoin increased in value on an average Monday only slightly. The average increase in value of the Zcoin was 0.23%. Allthough the Zcoin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (6.84%). This means that on 68 percent of the Mondays, the change in price of the Zcoin is expected to be in the range of -6.61% and 7.07%.

On an average Tuesday the Zcoin shows an increase in value of 1.08%. However, the change of Zcoin on most of the Tuesdays is between -8.19% and 10.35%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Zcoins.

On an average Wednesday, the Zcoin increased 0.39%. However, since the expected deviation is 11.36%, the Zcoin will decline in value on a Wednesday quiet regularly. The expected price change of the Zcoin on a Wednesday is between -10.97% and 11.75%.

Allthough the Zcoin decreases in value with -0.35% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Zcoin on Thursdays is 9.28%. This means that the expected change of the value of Zcoin is between -9.63% and 8.92% on 68 out of 100 Thursdays.

On an average Friday, the Zcoin increased 0.54%. However, since the expected deviation is 9.87%, the Zcoin will decline in value on a Friday quiet regularly. The expected price change of the Zcoin on a Friday is between -9.34% and 10.41%.

It is hard to tell whether the Zcoin will increase or decrease in value on an average Saturday. The average change on a Saturday for the Zcoin is -0.15%. However, the standard deviation on this weekday is 8.84%. This means that on most Saturdays, the change in value of the Zcoin is between -8.99% and 8.69%.

Zcoin weekday performance details

Find below the details of the performance of Zcoin 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 0.41% 9.30% -8.89% to 9.71%
Monday 0.23% 6.84% -6.61% to 7.07%
Tuesday 1.08% 9.27% -8.19% to 10.35%
Wednesday 0.39% 11.36% -10.97% to 11.75%
Thursday -0.35% 9.28% -9.63% to 8.92%
Friday 0.54% 9.87% -9.34% to 10.41%
Saturday -0.15% 8.84% -8.99% to 8.69%
 

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