Tezos (XTZ)

Current price: $ 0.97

24 hours price change: $ 0.02 (1.75%)

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 June 15th, 2019 to July 14th, 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 06/15/2019 and 07/14/2019.

According to the performance of Tezos between June 15th, 2019 and July 14th, 2019, Tezos performed the best on Mondays. On average, the price of Tezos increased 1.29% on Monday.

The weekday on which the Tezos performed the worst, is Thursday. On Thursdays, the Tezos declined in value on average by -0.88%.

Tezos weekday performance

Tezos increased in value on an average Sunday 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 (0.94%). This means that on 68 percent of the Sundays, the change in price of the Tezos is expected to be in the range of -0.88% and 1.00%.

On an average Monday the Tezos shows a high increase in value, namely 1.29%. The standard deviation is below the average increase percentage (standard deviation is 1.12%), meaning that on 68% of the Mondays the Tezos will increase with a percentage between 0.17% and 2.41%. This also means that, on average, on 16 percent of the Mondays, the Tezos will increase with a percentage above this range. On the other 16% of the Mondays, the Tezos will change with a percentage below the 0.17%.

Historical performance on Tuesday 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 Tuesday with 0.75%. However, the uncertainty of this increase is high. The expected change in value of the Tezos on a Tuesday is between -0.74% and 2.24% (see also the table below).

On Wednesdays, the Tezos decreases in value on average with -0.74%. On most of the Wednesdays the Tezos decreases in value between -1.99% and 0.51%. The uncertainty (1.25%) is higher than the average decline percentage (-0.74%). Therefore, expected range of price changes of the Tezos on Wednesdays is large.

On Thursdays, the Tezos decreases in value on average with -0.88%. On most of the Thursdays the Tezos decreases in value between -3.18% and 1.43%. The uncertainty (2.31%) is higher than the average decline percentage (-0.88%). Therefore, expected range of price changes of the Tezos on Thursdays is large.

On an average Friday the Tezos shows an increase in value of 1.01%. However, the change of Tezos on most of the Fridays is between -0.19% and 2.21%. Therefore it is hard to tell whether an average Friday is a good day to start buying Tezoss.

On an average Saturday, the Tezos increased 0.47%. However, since the expected deviation is 0.59%, the Tezos will decline in value on a Saturday quiet regularly. The expected price change of the Tezos on a Saturday is between -0.13% and 1.06%.

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
Sunday0.06%0.94%-0.88% to 1.00%
Monday1.29%1.12%0.17% to 2.41%
Tuesday0.75%1.49%-0.74% to 2.24%
Wednesday-0.74%1.25%-1.99% to 0.51%
Thursday-0.88%2.31%-3.18% to 1.43%
Friday1.01%1.20%-0.19% to 2.21%
Saturday0.47%0.59%-0.13% to 1.06%