Zcash (ZEC)

Current price: $ 60.54

24 hours price change: $ 3.01 (5.23%)

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 June 9th, 2018 to December 8th, 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 06/09/2018 and 12/08/2018.

According to the performance of Zcash between June 9th, 2018 and December 8th, 2018, Zcash performed the best on Wednesdays. On average, the price of Zcash increased 0.33% on Wednesday.

The weekday on which the Zcash performed the worst, is Monday. On Mondays, the Zcash declined in value on average by -0.24%.

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 -0.03%. However, the standard deviation on this weekday is 0.74%. This means that on most Sundays, the change in value of the Zcash is between -0.76% and 0.71%.

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 -0.24%. However, the standard deviation on this weekday is 0.68%. This means that on most Mondays, the change in value of the Zcash is between -0.92% and 0.44%.

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 -0.04%. However, the standard deviation on this weekday is 0.72%. This means that on most Tuesdays, the change in value of the Zcash is between -0.76% and 0.69%.

On an average Wednesday, the Zcash increased 0.33%. However, since the expected deviation is 2.10%, the Zcash will decline in value on a Wednesday quiet regularly. The expected price change of the Zcash on a Wednesday is between -1.77% and 2.43%.

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 0.00%. However, the standard deviation on this weekday is 1.26%. This means that on most Thursdays, the change in value of the Zcash is between -1.26% and 1.26%.

Zcash increased in value on an average Friday only slightly. The average increase in value of the Zcash was 0.24%. 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 (0.98%). This means that on 68 percent of the Fridays, the change in price of the Zcash is expected to be in the range of -0.75% and 1.22%.

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 0.00%. However, the standard deviation on this weekday is 0.93%. This means that on most Saturdays, the change in value of the Zcash is between -0.93% and 0.93%.

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-0.03%0.74%-0.76% to 0.71%
Monday-0.24%0.68%-0.92% to 0.44%
Tuesday-0.04%0.72%-0.76% to 0.69%
Wednesday0.33%2.10%-1.77% to 2.43%
Thursday0.00%1.26%-1.26% to 1.26%
Friday0.24%0.98%-0.75% to 1.22%
Saturday0.00%0.93%-0.93% to 0.93%