Zcoin (XZC)

Current price: $ 4.97

24 hours price change: - (-)

Daily analysis of Zcoin (XZC) - 6 months

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 6 months, starting on December 18th, 2020 to January 25th, 2021.

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 12/18/2020 and 01/25/2021.

According to the performance of Zcoin between December 18th, 2020 and January 25th, 2021, Zcoin performed the best on Saturdays. On average, the price of Zcoin increased 3.56% on Saturday.

The weekday on which the Zcoin performed the worst, is Tuesday. On Tuesdays, the Zcoin declined in value on average by -4.25%.

Zcoin weekday performance

On an average Sunday the Zcoin shows an increase in value of 1.40%. However, the change of Zcoin on most of the Sundays is between -2.22% and 5.02%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Zcoins.

The Zcoin declines in value on an average Monday with -1.16%. However, the uncertainty (or standard deviation) is quite large, namely 2.46%. This means that it is not possible to say whether on a regular Monday the Zcoin will increase or decrease in value.

The decrease in value of the Zcoin is -4.25% on an average Tuesday. The uncertainty of the average change is high for the Zcoin on Tuesdays. This means that it is hard to tell whether the Zcoin will decrease or increase in value on an average Tuesday. If we look at the 68% range of the Zcoin, we see that on 68% of the Tuesdays, the expected change of the Zcoin is between -9.65% and 1.15%.

On Wednesdays, the Zcoin decreases in value on average with -0.95%. On most of the Wednesdays the Zcoin decreases in value between -11.41% and 9.51%. The uncertainty (10.46%) is higher than the average decline percentage (-0.95%). Therefore, expected range of price changes of the Zcoin on Wednesdays is large.

On an average Thursday the Zcoin shows an increase in value of 1.61%. However, the change of Zcoin on most of the Thursdays is between -10.07% and 13.29%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Zcoins.

It is hard to tell whether the Zcoin will increase or decrease in value on an average Friday. The average change on a Friday for the Zcoin is -0.21%. However, the standard deviation on this weekday is 5.99%. This means that on most Fridays, the change in value of the Zcoin is between -6.20% and 5.78%.

The increase in value of the Zcoin is 3.56% on an average Saturday. However, the uncertainty on the average change is high for the Zcoin on Saturdays. This is the reason why an expected increase of the Zcoin on an average Saturday cannot be predicted. The standard deviation for Zcoin on Saturdays is high, namely 5.60%. This means that the expected range of value change for the Zcoin is -2.04% and 9.15% on 68% of the Saturdays.

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 1.40% 3.62% -2.22% to 5.02%
Monday -1.16% 2.46% -3.62% to 1.30%
Tuesday -4.25% 5.40% -9.65% to 1.15%
Wednesday -0.95% 10.46% -11.41% to 9.51%
Thursday 1.61% 11.68% -10.07% to 13.29%
Friday -0.21% 5.99% -6.20% to 5.78%
Saturday 3.56% 5.60% -2.04% to 9.15%
 

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