Zcoin (XZC)

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Daily analysis of Zcoin (XZC) - 1 year

The performance of Zcoin regarding the price differs every day. To make the best decision to buy Zcoin, we are analysis in this article the performance of Zcoin on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 year, starting on October 27th, 2020 to January 25th, 2021.

In the barchart below, the weekdays and average performance of Zcoin are shown side by side.

Average daily change in price of Zcoin per weekday between 10/27/2020 and 01/25/2021.

According to the performance of Zcoin between October 27th, 2020 and January 25th, 2021, Zcoin performed the best on Saturdays. On average, the price of Zcoin increased 1.75% on Saturday.

The weekday on which the Zcoin performed the worst, is Tuesday. On Tuesdays, the Zcoin declined in value on average by -1.92%.

Zcoin weekday performance

Historical performance on Sunday do not show an increase in value of the Zcoin on which a prediction can be made. The Zcoin increased in value on average on an average Sunday with 0.80%. However, the uncertainty of this increase is high. The expected change in value of the Zcoin on a Sunday is between -1.84% and 3.45% (see also the table below).

On Mondays, the Zcoin decreases in value on average with -0.79%. On most of the Mondays the Zcoin decreases in value between -2.86% and 1.28%. The uncertainty (2.07%) is higher than the average decline percentage (-0.79%). Therefore, expected range of price changes of the Zcoin on Mondays is large.

The Zcoin declines in value on an average Tuesday with -1.92%. However, the uncertainty (or standard deviation) is quite large, namely 4.35%. This means that it is not possible to say whether on a regular Tuesday the Zcoin will increase or decrease in value.

It is hard to tell whether the Zcoin will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Zcoin is -0.29%. However, the standard deviation on this weekday is 6.55%. This means that on most Wednesdays, the change in value of the Zcoin is between -6.84% and 6.26%.

On an average Thursday the Zcoin shows an increase in value of 1.22%. However, the change of Zcoin on most of the Thursdays is between -6.14% and 8.57%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Zcoins.

On an average Friday, the Zcoin increased 0.50%. However, since the expected deviation is 4.30%, the Zcoin will decline in value on a Friday quiet regularly. The expected price change of the Zcoin on a Friday is between -3.80% and 4.80%.

On an average Saturday the Zcoin shows an increase in value of 1.75%. However, the change of Zcoin on most of the Saturdays is between -2.45% and 5.95%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Zcoins.

Zcoin weekday performance details

Find below the details of the performance of Zcoin 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 0.80% 2.64% -1.84% to 3.45%
Monday -0.79% 2.07% -2.86% to 1.28%
Tuesday -1.92% 4.35% -6.28% to 2.43%
Wednesday -0.29% 6.55% -6.84% to 6.26%
Thursday 1.22% 7.36% -6.14% to 8.57%
Friday 0.50% 4.30% -3.80% to 4.80%
Saturday 1.75% 4.20% -2.45% to 5.95%
 

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