Zcash (ZEC)

Current price: $ 72.61

24 hours price change: $ 2.90 (4.16%)

Daily analysis of Zcash (ZEC) - 6 months

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 6 months, starting on November 24th, 2018 to May 23rd, 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 11/24/2018 and 05/23/2019.

According to the performance of Zcash between November 24th, 2018 and May 23rd, 2019, Zcash performed the best on Fridays. On average, the price of Zcash increased 0.60% on Friday.

The weekday on which the Zcash performed the worst, is Monday. On Mondays, the Zcash declined in value on average by -0.58%.

Zcash weekday performance

On an average Sunday, the Zcash increased 0.43%. However, since the expected deviation is 1.15%, the Zcash will decline in value on a Sunday quiet regularly. The expected price change of the Zcash on a Sunday is between -0.72% and 1.58%.

Allthough the Zcash decreases in value with -0.58% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Zcash on Mondays is 1.95%. This means that the expected change of the value of Zcash is between -2.53% and 1.38% on 68 out of 100 Mondays.

Allthough the Zcash decreases in value with -0.32% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Zcash on Tuesdays is 0.81%. This means that the expected change of the value of Zcash is between -1.13% and 0.49% on 68 out of 100 Tuesdays.

Zcash increased in value on an average Wednesday 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 (2.92%). This means that on 68 percent of the Wednesdays, the change in price of the Zcash is expected to be in the range of -2.90% and 2.93%.

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 1.67%. This means that on most Thursdays, the change in value of the Zcash is between -1.80% and 1.55%.

On an average Friday, the Zcash increased 0.60%. However, since the expected deviation is 1.15%, the Zcash will decline in value on a Friday quiet regularly. The expected price change of the Zcash on a Friday is between -0.55% and 1.75%.

It is hard to tell whether the Zcash will increase or decrease in value on an average Saturday. The average change on a Saturday for the Zcash is -0.19%. However, the standard deviation on this weekday is 1.07%. This means that on most Saturdays, the change in value of the Zcash is between -1.26% and 0.88%.

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
Sunday0.43%1.15%-0.72% to 1.58%
Monday-0.58%1.95%-2.53% to 1.38%
Tuesday-0.32%0.81%-1.13% to 0.49%
Wednesday0.02%2.92%-2.90% to 2.93%
Thursday-0.13%1.67%-1.80% to 1.55%
Friday0.60%1.15%-0.55% to 1.75%
Saturday-0.19%1.07%-1.26% to 0.88%