0x (ZRX)

Current price: $ 0.33

24 hours price change: $ 0.01 (4.06%)

Daily analysis of 0x (ZRX) - 6 months

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 6 months, starting on June 9th, 2018 to December 8th, 2018.

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 06/09/2018 and 12/08/2018.

According to the performance of 0x between June 9th, 2018 and December 8th, 2018,  0x performed the best on Mondays. On average, the price of  0x increased 1.15% on Monday.

The weekday on which the 0x performed the worst, is Tuesday. On Tuesdays, the 0x declined in value on average by -1.18%.

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 -0.26%. However, the standard deviation on this weekday is 4.08%. This means that on most Sundays, the change in value of the 0x is between -4.34% and 3.82%.

On an average Monday the 0x shows an increase in value of 1.15%. However, the change of 0x on most of the Mondays is between -3.37% and 5.66%. Therefore it is hard to tell whether an average Monday is a good day to start buying 0xs.

The 0x declines in value on an average Tuesday with -1.18%. However, the uncertainty (or standard deviation) is quite large, namely 4.95%. This means that it is not possible to say whether on a regular Tuesday the 0x will increase or decrease in value.

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 -0.24%. However, the standard deviation on this weekday is 2.40%. This means that on most Wednesdays, the change in value of the 0x is between -2.64% and 2.16%.

0x increased in value on an average Thursday only slightly. The average increase in value of the 0x was 0.16%. Allthough the 0x closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (4.15%). This means that on 68 percent of the Thursdays, the change in price of the 0x is expected to be in the range of -3.99% and 4.31%.

Historical performance on Friday do not show an increase in value of the 0x on which a prediction can be made. The 0x increased in value on average on an average Friday with 0.68%. However, the uncertainty of this increase is high. The expected change in value of the 0x on a Friday is between -5.16% and 6.53% (see also the table below).

On an average Saturday, the 0x increased 0.59%. However, since the expected deviation is 3.22%, the 0x will decline in value on a Saturday quiet regularly. The expected price change of the 0x on a Saturday is between -2.64% and 3.81%.

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.

WeekdayAverage change (%)Standard deviation (%)68% range
Sunday-0.26%4.08%-4.34% to 3.82%
Monday1.15%4.52%-3.37% to 5.66%
Tuesday-1.18%4.95%-6.13% to 3.76%
Wednesday-0.24%2.40%-2.64% to 2.16%
Thursday0.16%4.15%-3.99% to 4.31%
Friday0.68%5.84%-5.16% to 6.53%
Saturday0.59%3.22%-2.64% to 3.81%