Tezos (XTZ)

Current price: $ 6.74

24 hours price change: $ -0.14 (-2.03%)

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 April 17th, 2021 to October 17th, 2021.

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 04/17/2021 and 10/17/2021.

According to the performance of Tezos between April 17th, 2021 and October 17th, 2021, Tezos performed the best on Mondays. On average, the price of Tezos increased 0.86% on Monday.

The weekday on which the Tezos performed the worst, is Friday. On Fridays, the Tezos declined in value on average by -0.57%.

Tezos weekday performance

Tezos increased in value on an average Sunday only slightly. The average increase in value of the Tezos was 0.25%. 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 Sundays, the change in price of the Tezos is expected to be in the range of -0.50% and 1.00%.

Historical performance on Monday 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 Monday with 0.86%. However, the uncertainty of this increase is high. The expected change in value of the Tezos on a Monday is between -3.36% and 5.08% (see also the table below).

On an average Tuesday, the Tezos increased 0.39%. However, since the expected deviation is 2.23%, the Tezos will decline in value on a Tuesday quiet regularly. The expected price change of the Tezos on a Tuesday is between -1.84% and 2.62%.

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 0.81%. However, the uncertainty of this increase is high. The expected change in value of the Tezos on a Wednesday is between -2.16% and 3.78% (see also the table below).

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 0.70%. However, the uncertainty of this increase is high. The expected change in value of the Tezos on a Thursday is between -2.29% and 3.70% (see also the table below).

Allthough the Tezos decreases in value with -0.57% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Tezos on Fridays is 3.39%. This means that the expected change of the value of Tezos is between -3.97% and 2.82% on 68 out of 100 Fridays.

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 -0.14%. However, the standard deviation on this weekday is 1.13%. This means that on most Saturdays, the change in value of the Tezos is between -1.27% and 0.98%.

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 0.25% 0.75% -0.50% to 1.00%
Monday 0.86% 4.22% -3.36% to 5.08%
Tuesday 0.39% 2.23% -1.84% to 2.62%
Wednesday 0.81% 2.97% -2.16% to 3.78%
Thursday 0.70% 2.99% -2.29% to 3.70%
Friday -0.57% 3.39% -3.97% to 2.82%
Saturday -0.14% 1.13% -1.27% to 0.98%
 

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