Zcoin (XZC)

Current price: $ 4.66

24 hours price change: $ -0.35 (-6.97%)

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 January 23rd, 2019 to January 23rd, 2020.

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 01/23/2019 and 01/23/2020.

According to the performance of Zcoin between January 23rd, 2019 and January 23rd, 2020, Zcoin performed the best on Thursdays. On average, the price of Zcoin increased 0.70% on Thursday.

The weekday on which the Zcoin performed the worst, is Wednesday. On Wednesdays, the Zcoin declined in value on average by -0.93%.

Zcoin weekday performance

Zcoin increased in value on an average Sunday only slightly. The average increase in value of the Zcoin was 0.18%. 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 (4.78%). This means that on 68 percent of the Sundays, the change in price of the Zcoin is expected to be in the range of -4.59% and 4.96%.

On an average Monday, the Zcoin increased 0.48%. However, since the expected deviation is 4.39%, the Zcoin will decline in value on a Monday quiet regularly. The expected price change of the Zcoin on a Monday is between -3.91% and 4.87%.

On an average Tuesday, the Zcoin increased 0.50%. However, since the expected deviation is 5.82%, the Zcoin will decline in value on a Tuesday quiet regularly. The expected price change of the Zcoin on a Tuesday is between -5.32% and 6.32%.

On Wednesdays, the Zcoin decreases in value on average with -0.93%. On most of the Wednesdays the Zcoin decreases in value between -4.23% and 2.37%. The uncertainty (3.30%) is higher than the average decline percentage (-0.93%). Therefore, expected range of price changes of the Zcoin on Wednesdays is large.

Historical performance on Thursday 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 Thursday with 0.70%. However, the uncertainty of this increase is high. The expected change in value of the Zcoin on a Thursday is between -3.64% and 5.04% (see also the table below).

On an average Friday, the Zcoin increased 0.36%. However, since the expected deviation is 3.10%, the Zcoin will decline in value on a Friday quiet regularly. The expected price change of the Zcoin on a Friday is between -2.74% and 3.45%.

Allthough the Zcoin decreases in value with -0.39% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Zcoin on Saturdays is 3.77%. This means that the expected change of the value of Zcoin is between -4.16% and 3.38% on 68 out of 100 Saturdays.

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 0.18% 4.78% -4.59% to 4.96%
Monday 0.48% 4.39% -3.91% to 4.87%
Tuesday 0.50% 5.82% -5.32% to 6.32%
Wednesday -0.93% 3.30% -4.23% to 2.37%
Thursday 0.70% 4.34% -3.64% to 5.04%
Friday 0.36% 3.10% -2.74% to 3.45%
Saturday -0.39% 3.77% -4.16% to 3.38%
 

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