Zcoin (XZC)

Current price: $ 4.80

24 hours price change: $ 0.04 (0.86%)

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 22nd, 2018 to October 22nd, 2019.

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 10/22/2018 and 10/22/2019.

According to the performance of Zcoin between October 22nd, 2018 and October 22nd, 2019, Zcoin performed the best on Fridays. On average, the price of Zcoin increased 0.59% on Friday.

The weekday on which the Zcoin performed the worst, is Wednesday. On Wednesdays, the Zcoin declined in value on average by -1.28%.

Zcoin weekday performance

Allthough the Zcoin decreases in value with -0.60% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Zcoin on Sundays is 6.75%. This means that the expected change of the value of Zcoin is between -7.35% and 6.15% on 68 out of 100 Sundays.

Zcoin increased in value on an average Monday only slightly. The average increase in value of the Zcoin was 0.14%. Allthough the Zcoin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (4.84%). This means that on 68 percent of the Mondays, the change in price of the Zcoin is expected to be in the range of -4.70% and 4.99%.

On an average Tuesday, the Zcoin increased 0.34%. However, since the expected deviation is 6.52%, the Zcoin will decline in value on a Tuesday quiet regularly. The expected price change of the Zcoin on a Tuesday is between -6.18% and 6.86%.

The Zcoin declines in value on an average Wednesday with -1.28%. However, the uncertainty (or standard deviation) is quite large, namely 5.23%. This means that it is not possible to say whether on a regular Wednesday the Zcoin will increase or decrease in value.

On an average Thursday, the Zcoin increased 0.33%. However, since the expected deviation is 5.00%, the Zcoin will decline in value on a Thursday quiet regularly. The expected price change of the Zcoin on a Thursday is between -4.67% and 5.33%.

On an average Friday, the Zcoin increased 0.59%. However, since the expected deviation is 3.88%, the Zcoin will decline in value on a Friday quiet regularly. The expected price change of the Zcoin on a Friday is between -3.29% and 4.47%.

Zcoin increased in value on an average Saturday only slightly. The average increase in value of the Zcoin was 0.21%. Allthough the Zcoin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (4.81%). This means that on 68 percent of the Saturdays, the change in price of the Zcoin is expected to be in the range of -4.60% and 5.02%.

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 -0.60% 6.75% -7.35% to 6.15%
Monday 0.14% 4.84% -4.70% to 4.99%
Tuesday 0.34% 6.52% -6.18% to 6.86%
Wednesday -1.28% 5.23% -6.51% to 3.95%
Thursday 0.33% 5.00% -4.67% to 5.33%
Friday 0.59% 3.88% -3.29% to 4.47%
Saturday 0.21% 4.81% -4.60% to 5.02%