Zcoin (XZC)

Current price: $ 4.13

24 hours price change: $ -0.02 (-0.52%)

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 January 5th, 2020 to July 4th, 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 01/05/2020 and 07/04/2020.

According to the performance of Zcoin between January 5th, 2020 and July 4th, 2020, Zcoin performed the best on Tuesdays. On average, the price of Zcoin increased 0.69% on Tuesday.

The weekday on which the Zcoin performed the worst, is Thursday. On Thursdays, the Zcoin declined in value on average by -1.71%.

Zcoin weekday performance

It is hard to tell whether the Zcoin will increase or decrease in value on an average Sunday. The average change on a Sunday for the Zcoin is -0.29%. However, the standard deviation on this weekday is 1.82%. This means that on most Sundays, the change in value of the Zcoin is between -2.11% and 1.53%.

On Mondays, the Zcoin decreases in value on average with -0.72%. On most of the Mondays the Zcoin decreases in value between -3.27% and 1.83%. The uncertainty (2.55%) is higher than the average decline percentage (-0.72%). Therefore, expected range of price changes of the Zcoin on Mondays is large.

Historical performance on Tuesday do not show an increase in value of the Zcoin on which a prediction can be made. The Zcoin increased in value on average on an average Tuesday with 0.69%. However, the uncertainty of this increase is high. The expected change in value of the Zcoin on a Tuesday is between -2.16% and 3.55% (see also the table below).

Allthough the Zcoin decreases in value with -0.57% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Zcoin on Wednesdays is 2.60%. This means that the expected change of the value of Zcoin is between -3.17% and 2.03% on 68 out of 100 Wednesdays.

The Zcoin declines in value on an average Thursday with -1.71%. However, the uncertainty (or standard deviation) is quite large, namely 8.56%. This means that it is not possible to say whether on a regular Thursday the Zcoin will increase or decrease in value.

Allthough the Zcoin decreases in value with -0.33% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Zcoin on Fridays is 0.83%. This means that the expected change of the value of Zcoin is between -1.16% and 0.51% on 68 out of 100 Fridays.

Zcoin increased in value on an average Saturday only slightly. The average increase in value of the Zcoin was 0.00%. 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 (0.91%). This means that on 68 percent of the Saturdays, the change in price of the Zcoin is expected to be in the range of -0.90% and 0.91%.

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 -0.29% 1.82% -2.11% to 1.53%
Monday -0.72% 2.55% -3.27% to 1.83%
Tuesday 0.69% 2.86% -2.16% to 3.55%
Wednesday -0.57% 2.60% -3.17% to 2.03%
Thursday -1.71% 8.56% -10.27% to 6.85%
Friday -0.33% 0.83% -1.16% to 0.51%
Saturday 0.00% 0.91% -0.90% to 0.91%
 

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