Tezos (XTZ)

Current price: $ 0.46

24 hours price change: $ 0.02 (3.55%)

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 January 18th, 2019 to February 17th, 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 01/18/2019 and 02/17/2019.

According to the performance of Tezos between January 18th, 2019 and February 17th, 2019, Tezos performed the best on Fridays. On average, the price of Tezos increased 2.68% on Friday.

The weekday on which the Tezos performed the worst, is Monday. On Mondays, the Tezos declined in value on average by -1.32%.

Tezos weekday performance

It is hard to tell whether the Tezos will increase or decrease in value on an average Sunday. The average change on a Sunday for the Tezos is -0.19%. However, the standard deviation on this weekday is 1.12%. This means that on most Sundays, the change in value of the Tezos is between -1.32% and 0.93%.

The Tezos declines in value on an average Monday with -1.32%. However, the uncertainty (or standard deviation) is quite large, namely 2.52%. This means that it is not possible to say whether on a regular Monday the Tezos will increase or decrease in value.

On an average Tuesday, the Tezos increased 0.54%. However, since the expected deviation is 1.52%, the Tezos will decline in value on a Tuesday quiet regularly. The expected price change of the Tezos on a Tuesday is between -0.98% and 2.05%.

The Tezos declines in value on an average Wednesday with -1.12%. However, the uncertainty (or standard deviation) is quite large, namely 4.82%. This means that it is not possible to say whether on a regular Wednesday the Tezos will increase or decrease in value.

Historical performance on Thursday 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 Thursday with 0.93%. However, the uncertainty of this increase is high. The expected change in value of the Tezos on a Thursday is between -1.02% and 2.88% (see also the table below).

On an average Friday the Tezos shows an increase in value of 2.68%. However, the change of Tezos on most of the Fridays is between -1.91% and 7.27%. Therefore it is hard to tell whether an average Friday is a good day to start buying Tezoss.

On an average Saturday the Tezos shows an increase in value of 1.62%. However, the change of Tezos on most of the Saturdays is between -2.21% and 5.44%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Tezoss.

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
Sunday-0.19%1.12%-1.32% to 0.93%
Monday-1.32%2.52%-3.85% to 1.20%
Tuesday0.54%1.52%-0.98% to 2.05%
Wednesday-1.12%4.82%-5.94% to 3.70%
Thursday0.93%1.95%-1.02% to 2.88%
Friday2.68%4.59%-1.91% to 7.27%
Saturday1.62%3.82%-2.21% to 5.44%