Zcash (ZEC)

Current price: $ 126.66

24 hours price change: $ 2.13 (1.71%)

Daily analysis of Zcash (ZEC) - all

The performance of Zcash regarding the price differs every day. To make the best decision to buy Zcash, we are analysis in this article the performance of Zcash on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on October 27th, 2016 to March 7th, 2021.

In the barchart below, the weekdays and average performance of Zcash are shown side by side.

Average daily change in price of Zcash per weekday between 10/27/2016 and 03/07/2021.

According to the performance of Zcash between October 27th, 2016 and March 7th, 2021, Zcash performed the best on Fridays. On average, the price of Zcash increased inf% on Friday.

The weekday on which the Zcash performed the worst, is Saturday. On Saturdays, the Zcash declined in value on average by -0.73%.

Zcash weekday performance

Historical performance on Sunday do not show an increase in value of the Zcash on which a prediction can be made. The Zcash increased in value on average on an average Sunday with 0.84%. However, the uncertainty of this increase is high. The expected change in value of the Zcash on a Sunday is between -10.76% and 12.45% (see also the table below).

Zcash increased in value on an average Monday only slightly. The average increase in value of the Zcash was 0.25%. Allthough the Zcash closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (4.55%). This means that on 68 percent of the Mondays, the change in price of the Zcash is expected to be in the range of -4.30% and 4.81%.

On an average Tuesday, the Zcash increased 0.32%. However, since the expected deviation is 5.93%, the Zcash will decline in value on a Tuesday quiet regularly. The expected price change of the Zcash on a Tuesday is between -5.62% and 6.25%.

It is hard to tell whether the Zcash will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Zcash is -0.11%. However, the standard deviation on this weekday is 5.49%. This means that on most Wednesdays, the change in value of the Zcash is between -5.59% and 5.38%.

On an average Thursday, the Zcash increased 0.43%. However, since the expected deviation is 10.47%, the Zcash will decline in value on a Thursday quiet regularly. The expected price change of the Zcash on a Thursday is between -10.03% and 10.90%.

On Fridays, the average increase of the value of the Zcash is very high. The average increase is inf%. The standard deviation of the Zcash on Fridays is nan%. This means that on 68% of the Fridays, the Zcash increases between nan% and nan%. The uncertainty is therefore not very high, since on most Fridays, the value of the Zcash will increase.

On Saturdays, the Zcash decreases in value on average with -0.73%. On most of the Saturdays the Zcash decreases in value between -7.79% and 6.34%. The uncertainty (7.07%) is higher than the average decline percentage (-0.73%). Therefore, expected range of price changes of the Zcash on Saturdays is large.

Zcash weekday performance details

Find below the details of the performance of Zcash 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 0.84% 11.60% -10.76% to 12.45%
Monday 0.25% 4.55% -4.30% to 4.81%
Tuesday 0.32% 5.93% -5.62% to 6.25%
Wednesday -0.11% 5.49% -5.59% to 5.38%
Thursday 0.43% 10.47% -10.03% to 10.90%
Friday inf% nan% nan% to nan%
Saturday -0.73% 7.07% -7.79% to 6.34%

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