Zcash (ZEC)

Current price: $ 55.32

24 hours price change: $ 3.77 (7.31%)

Daily analysis of Zcash (ZEC) - 1 month

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 1 month, starting on January 18th, 2019 to February 17th, 2019.

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 01/18/2019 and 02/17/2019.

According to the performance of Zcash between January 18th, 2019 and February 17th, 2019, Zcash performed the best on Fridays. On average, the price of Zcash increased 0.76% on Friday.

The weekday on which the Zcash performed the worst, is Sunday. On Sundays, the Zcash declined in value on average by -0.26%.

Zcash weekday performance

It is hard to tell whether the Zcash will increase or decrease in value on an average Sunday. The average change on a Sunday for the Zcash is -0.26%. However, the standard deviation on this weekday is 0.80%. This means that on most Sundays, the change in value of the Zcash is between -1.06% and 0.54%.

It is hard to tell whether the Zcash will increase or decrease in value on an average Monday. The average change on a Monday for the Zcash is -0.19%. However, the standard deviation on this weekday is 0.49%. This means that on most Mondays, the change in value of the Zcash is between -0.68% and 0.29%.

It is hard to tell whether the Zcash will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Zcash is -0.20%. However, the standard deviation on this weekday is 0.44%. This means that on most Tuesdays, the change in value of the Zcash is between -0.63% and 0.24%.

On an average Wednesday, the Zcash increased 0.44%. However, since the expected deviation is 1.26%, the Zcash will decline in value on a Wednesday quiet regularly. The expected price change of the Zcash on a Wednesday is between -0.82% and 1.70%.

Zcash increased in value on an average Thursday only slightly. The average increase in value of the Zcash was 0.00%. 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 (0.37%). This means that on 68 percent of the Thursdays, the change in price of the Zcash is expected to be in the range of -0.37% and 0.37%.

The expected range of change of the Zcash for an average Friday is between 0.43% and 1.10%. This is the result of an average increase in value of 0.76% and a standard deviation of %STANDARD_DEVIATION%}. This expected increase of value is calculated over the last 1 month.

Zcash increased in value on an average Saturday only slightly. The average increase in value of the Zcash was 0.02%. 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 (0.70%). This means that on 68 percent of the Saturdays, the change in price of the Zcash is expected to be in the range of -0.68% and 0.72%.

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.

WeekdayAverage change (%)Standard deviation (%)68% range
Sunday-0.26%0.80%-1.06% to 0.54%
Monday-0.19%0.49%-0.68% to 0.29%
Tuesday-0.20%0.44%-0.63% to 0.24%
Wednesday0.44%1.26%-0.82% to 1.70%
Thursday0.00%0.37%-0.37% to 0.37%
Friday0.76%0.34%0.43% to 1.10%
Saturday0.02%0.70%-0.68% to 0.72%