Zcash (ZEC)

Current price: $ 152.41

24 hours price change: $ -12.46 (-7.56%)

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 April 27th, 2021 to October 27th, 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 04/27/2021 and 10/27/2021.

According to the performance of Zcash between April 27th, 2021 and October 27th, 2021, Zcash performed the best on Wednesdays. On average, the price of Zcash increased 1.00% on Wednesday.

The weekday on which the Zcash performed the worst, is Thursday. On Thursdays, the Zcash declined in value on average by -0.33%.

Zcash weekday performance

Zcash increased in value on an average Sunday only slightly. The average increase in value of the Zcash was 0.17%. 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 (0.67%). This means that on 68 percent of the Sundays, the change in price of the Zcash is expected to be in the range of -0.50% and 0.84%.

On an average Monday, the Zcash increased 0.48%. However, since the expected deviation is 2.58%, the Zcash will decline in value on a Monday quiet regularly. The expected price change of the Zcash on a Monday is between -2.10% and 3.06%.

On an average Tuesday, the Zcash increased 0.54%. However, since the expected deviation is 1.83%, the Zcash will decline in value on a Tuesday quiet regularly. The expected price change of the Zcash on a Tuesday is between -1.30% and 2.37%.

On an average Wednesday the Zcash shows an increase in value of 1.00%. However, the change of Zcash on most of the Wednesdays is between -1.55% and 3.56%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Zcashs.

Allthough the Zcash decreases in value with -0.33% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Zcash on Thursdays is 1.37%. This means that the expected change of the value of Zcash is between -1.70% and 1.04% on 68 out of 100 Thursdays.

Zcash increased in value on an average Friday 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 (3.14%). This means that on 68 percent of the Fridays, the change in price of the Zcash is expected to be in the range of -2.89% and 3.38%.

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 -0.25%. However, the standard deviation on this weekday is 1.97%. This means that on most Saturdays, the change in value of the Zcash is between -2.22% and 1.71%.

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 0.17% 0.67% -0.50% to 0.84%
Monday 0.48% 2.58% -2.10% to 3.06%
Tuesday 0.54% 1.83% -1.30% to 2.37%
Wednesday 1.00% 2.55% -1.55% to 3.56%
Thursday -0.33% 1.37% -1.70% to 1.04%
Friday 0.25% 3.14% -2.89% to 3.38%
Saturday -0.25% 1.97% -2.22% to 1.71%
 

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