Tezos (XTZ)

Current price: $ 0.99

24 hours price change: $ 0.007964 (0.81%)

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 16th, 2024 to April 16th, 2024.

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 03/16/2024 and 04/16/2024.

According to the performance of Tezos between March 16th, 2024 and April 16th, 2024, Tezos performed the best on Wednesdays. On average, the price of Tezos increased 0.78% on Wednesday.

The weekday on which the Tezos performed the worst, is Saturday. On Saturdays, the Tezos declined in value on average by -0.74%.

Tezos weekday performance

On an average Sunday, the Tezos increased 0.42%. However, since the expected deviation is 1.26%, the Tezos will decline in value on a Sunday quiet regularly. The expected price change of the Tezos on a Sunday is between -0.84% and 1.68%.

Tezos increased in value on an average Monday only slightly. The average increase in value of the Tezos was 0.29%. 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 (2.28%). This means that on 68 percent of the Mondays, the change in price of the Tezos is expected to be in the range of -1.98% and 2.57%.

Tezos increased in value on an average Tuesday only slightly. The average increase in value of the Tezos was 0.04%. 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 (1.25%). This means that on 68 percent of the Tuesdays, the change in price of the Tezos is expected to be in the range of -1.22% and 1.29%.

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 0.78%. However, the uncertainty of this increase is high. The expected change in value of the Tezos on a Wednesday is between -0.12% and 1.68% (see also the table below).

On an average Thursday, the Tezos increased 0.59%. However, since the expected deviation is 0.63%, the Tezos will decline in value on a Thursday quiet regularly. The expected price change of the Tezos on a Thursday is between -0.04% and 1.22%.

It is hard to tell whether the Tezos will increase or decrease in value on an average Friday. The average change on a Friday for the Tezos is -0.05%. However, the standard deviation on this weekday is 0.38%. This means that on most Fridays, the change in value of the Tezos is between -0.44% and 0.33%.

On Saturdays, the Tezos decreases in value on average with -0.74%. On most of the Saturdays the Tezos decreases in value between -2.12% and 0.63%. The uncertainty (1.38%) is higher than the average decline percentage (-0.74%). Therefore, expected range of price changes of the Tezos on Saturdays is large.

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.

Weekday Average change (%) Standard deviation (%) 68% range
Sunday 0.42% 1.26% -0.84% to 1.68%
Monday 0.29% 2.28% -1.98% to 2.57%
Tuesday 0.04% 1.25% -1.22% to 1.29%
Wednesday 0.78% 0.90% -0.12% to 1.68%
Thursday 0.59% 0.63% -0.04% to 1.22%
Friday -0.05% 0.38% -0.44% to 0.33%
Saturday -0.74% 1.38% -2.12% to 0.63%
 

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