Tezos (XTZ)

Current price: $ 0.45

24 hours price change: $ 0.02 (4.92%)

Daily analysis of Tezos (XTZ) - 6 months

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 6 months, starting on August 18th, 2018 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 08/18/2018 and 02/17/2019.

According to the performance of Tezos between August 18th, 2018 and February 17th, 2019, Tezos performed the best on Fridays. On average, the price of Tezos increased 0.56% on Friday.

The weekday on which the Tezos performed the worst, is Wednesday. On Wednesdays, the Tezos declined in value on average by -0.72%.

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 -0.20%. However, the standard deviation on this weekday is 2.60%. This means that on most Sundays, the change in value of the Tezos is between -2.80% and 2.40%.

On Mondays, the Tezos decreases in value on average with -0.63%. On most of the Mondays the Tezos decreases in value between -2.50% and 1.23%. The uncertainty (1.87%) is higher than the average decline percentage (-0.63%). Therefore, expected range of price changes of the Tezos on Mondays is large.

On an average Tuesday, the Tezos increased 0.49%. However, since the expected deviation is 2.13%, the Tezos will decline in value on a Tuesday quiet regularly. The expected price change of the Tezos on a Tuesday is between -1.64% and 2.62%.

On Wednesdays, the Tezos decreases in value on average with -0.72%. On most of the Wednesdays the Tezos decreases in value between -3.59% and 2.15%. The uncertainty (2.87%) is higher than the average decline percentage (-0.72%). Therefore, expected range of price changes of the Tezos on Wednesdays is large.

On an average Thursday, the Tezos increased 0.50%. However, since the expected deviation is 1.86%, the Tezos will decline in value on a Thursday quiet regularly. The expected price change of the Tezos on a Thursday is between -1.36% and 2.36%.

On an average Friday, the Tezos increased 0.56%. However, since the expected deviation is 2.55%, the Tezos will decline in value on a Friday quiet regularly. The expected price change of the Tezos on a Friday is between -1.99% and 3.11%.

It is hard to tell whether the Tezos will increase or decrease in value on an average Saturday. The average change on a Saturday for the Tezos is -0.13%. However, the standard deviation on this weekday is 3.00%. This means that on most Saturdays, the change in value of the Tezos is between -3.13% and 2.87%.

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-0.20%2.60%-2.80% to 2.40%
Monday-0.63%1.87%-2.50% to 1.23%
Tuesday0.49%2.13%-1.64% to 2.62%
Wednesday-0.72%2.87%-3.59% to 2.15%
Thursday0.50%1.86%-1.36% to 2.36%
Friday0.56%2.55%-1.99% to 3.11%
Saturday-0.13%3.00%-3.13% to 2.87%