0x (ZRX)

Current price: $ 0.37

24 hours price change: $ 0.007100 (1.94%)

Daily analysis of 0x (ZRX) - 1 month

The performance of 0x regarding the price differs every day. To make the best decision to buy 0x, we are analysis in this article the performance of 0x on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on April 29th, 2022 to May 29th, 2022.

In the barchart below, the weekdays and average performance of 0x are shown side by side.

Average daily change in price of 0x per weekday between 04/29/2022 and 05/29/2022.

According to the performance of 0x between April 29th, 2022 and May 29th, 2022,  0x performed the best on Tuesdays. On average, the price of  0x increased 0.33% on Tuesday.

The weekday on which the 0x performed the worst, is Friday. On Fridays, the 0x declined in value on average by -1.64%.

0x weekday performance

It is hard to tell whether the 0x will increase or decrease in value on an average Sunday. The average change on a Sunday for the 0x is -0.06%. However, the standard deviation on this weekday is 0.21%. This means that on most Sundays, the change in value of the 0x is between -0.27% and 0.16%.

It is hard to tell whether the 0x will increase or decrease in value on an average Monday. The average change on a Monday for the 0x is -0.04%. However, the standard deviation on this weekday is 0.11%. This means that on most Mondays, the change in value of the 0x is between -0.16% and 0.07%.

The average increase of the 0x on an average Tuesday is 0.33%. This is a small increase, however, the expected change of the 0x in 95% of the Tuesdays is -0.25% and 0.92%. This means that only on 2.5% (or slightly over 1 Tuesday per year) the expected change of the 0x is below -0.25%. On the other hand, you would not have to expect that the change on a single Tuesday will be above 0.92%. This will also only happen on 2.5% of the Tuesdays. On 68% of the Tuesdays, the increase of the 0x will be in the range of 0.04% and 0.63%.

It is hard to tell whether the 0x will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the 0x is -0.04%. However, the standard deviation on this weekday is 0.07%. This means that on most Wednesdays, the change in value of the 0x is between -0.11% and 0.03%.

The average increase of the 0x on an average Thursday is 0.30%. This is a small increase, however, the expected change of the 0x in 95% of the Thursdays is -0.17% and 0.77%. This means that only on 2.5% (or slightly over 1 Thursday per year) the expected change of the 0x is below -0.17%. On the other hand, you would not have to expect that the change on a single Thursday will be above 0.77%. This will also only happen on 2.5% of the Thursdays. On 68% of the Thursdays, the increase of the 0x will be in the range of 0.07% and 0.54%.

The 0x declines in value on an average Friday with -1.64%. However, the uncertainty (or standard deviation) is quite large, namely 3.59%. This means that it is not possible to say whether on a regular Friday the 0x will increase or decrease in value.

On an average Saturday, the 0x increased 0.32%. However, since the expected deviation is 0.58%, the 0x will decline in value on a Saturday quiet regularly. The expected price change of the 0x on a Saturday is between -0.26% and 0.89%.

0x weekday performance details

Find below the details of the performance of 0x 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 -0.06% 0.21% -0.27% to 0.16%
Monday -0.04% 0.11% -0.16% to 0.07%
Tuesday 0.33% 0.29% 0.04% to 0.63%
Wednesday -0.04% 0.07% -0.11% to 0.03%
Thursday 0.30% 0.23% 0.07% to 0.54%
Friday -1.64% 3.59% -5.24% to 1.95%
Saturday 0.32% 0.58% -0.26% to 0.89%
 

About Us

: Financial indicators for cryptocurrencies