Zcash (ZEC)

Current price: $ 54.46

24 hours price change: $ 0.63 (1.17%)

Daily analysis of Zcash (ZEC) - 1 year

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 year, starting on December 12th, 2017 to December 12th, 2018.

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 12/12/2017 and 12/12/2018.

According to the performance of Zcash between December 12th, 2017 and December 12th, 2018, 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 Monday. On Mondays, the Zcash declined in value on average by -0.46%.

Zcash weekday performance

Allthough the Zcash decreases in value with -0.34% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Zcash on Sundays is 4.16%. This means that the expected change of the value of Zcash is between -4.50% and 3.82% on 68 out of 100 Sundays.

Allthough the Zcash decreases in value with -0.46% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Zcash on Mondays is 4.66%. This means that the expected change of the value of Zcash is between -5.12% and 4.20% on 68 out of 100 Mondays.

On an average Tuesday the Zcash shows an increase in value of 1.11%. However, the change of Zcash on most of the Tuesdays is between -3.33% and 5.54%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Zcashs.

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 -0.24%. However, the standard deviation on this weekday is 5.89%. This means that on most Wednesdays, the change in value of the Zcash is between -6.13% and 5.65%.

It is hard to tell whether the Zcash will increase or decrease in value on an average Thursday. The average change on a Thursday for the Zcash is -0.13%. However, the standard deviation on this weekday is 6.04%. This means that on most Thursdays, the change in value of the Zcash is between -6.16% and 5.91%.

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.

Zcash increased in value on an average Saturday only slightly. The average increase in value of the Zcash was 0.08%. 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 (4.18%). This means that on 68 percent of the Saturdays, the change in price of the Zcash is expected to be in the range of -4.10% and 4.27%.

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-0.34%4.16%-4.50% to 3.82%
Monday-0.46%4.66%-5.12% to 4.20%
Tuesday1.11%4.43%-3.33% to 5.54%
Wednesday-0.24%5.89%-6.13% to 5.65%
Thursday-0.13%6.04%-6.16% to 5.91%
Fridayinf%nan%nan% to nan%
Saturday0.08%4.18%-4.10% to 4.27%