Tezos (XTZ)

Current price: $ 1.34

24 hours price change: $ -0.15 (-10.07%)

Daily analysis of Tezos (XTZ) - 1 month

The performance of Tezos regarding the price differs every day. To make the best decision to buy Tezos, we are analysis in this article the performance of Tezos on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on March 24th, 2019 to April 23rd, 2019.

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

Average daily change in price of Tezos per weekday between 03/24/2019 and 04/23/2019.

According to the performance of Tezos between March 24th, 2019 and April 23rd, 2019, Tezos performed the best on Wednesdays. On average, the price of Tezos increased 0.63% on Wednesday.

The weekday on which the Tezos performed the worst, is Friday. On Fridays, the Tezos declined in value on average by -0.93%.

Tezos weekday performance

Tezos increased in value on an average Sunday only slightly. The average increase in value of the Tezos was 0.01%. Allthough the Tezos closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.35%). This means that on 68 percent of the Sundays, the change in price of the Tezos is expected to be in the range of -0.34% and 0.37%.

Tezos increased in value on an average Monday only slightly. The average increase in value of the Tezos was 0.06%. Allthough the Tezos closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (2.17%). This means that on 68 percent of the Mondays, the change in price of the Tezos is expected to be in the range of -2.11% and 2.23%.

Tezos increased in value on an average Tuesday only slightly. The average increase in value of the Tezos was 0.00%. Allthough the Tezos closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.75%). This means that on 68 percent of the Tuesdays, the change in price of the Tezos is expected to be in the range of -0.75% and 0.76%.

Historical performance on Wednesday do not show an increase in value of the Tezos on which a prediction can be made. The Tezos increased in value on average on an average Wednesday with 0.63%. However, the uncertainty of this increase is high. The expected change in value of the Tezos on a Wednesday is between -0.26% and 1.52% (see also the table below).

Tezos increased in value on an average Thursday only slightly. The average increase in value of the Tezos was 0.21%. Allthough the Tezos closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.34%). This means that on 68 percent of the Thursdays, the change in price of the Tezos is expected to be in the range of -0.13% and 0.56%.

On Fridays, the Tezos decreases in value on average with -0.93%. On most of the Fridays the Tezos decreases in value between -3.11% and 1.26%. The uncertainty (2.19%) is higher than the average decline percentage (-0.93%). Therefore, expected range of price changes of the Tezos on Fridays is large.

Allthough the Tezos decreases in value with -0.45% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Tezos on Saturdays is 0.23%. This means that the expected change of the value of Tezos is between -0.69% and -0.22% on 68 out of 100 Saturdays.

Tezos weekday performance details

Find below the details of the performance of Tezos 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
Sunday0.01%0.35%-0.34% to 0.37%
Monday0.06%2.17%-2.11% to 2.23%
Tuesday0.00%0.75%-0.75% to 0.76%
Wednesday0.63%0.89%-0.26% to 1.52%
Thursday0.21%0.34%-0.13% to 0.56%
Friday-0.93%2.19%-3.11% to 1.26%
Saturday-0.45%0.23%-0.69% to -0.22%