Zcoin (XZC)

Current price: $ 4.37

24 hours price change: $ -0.05 (-1.13%)

Daily analysis of Zcoin (XZC) - 6 months

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 6 months, starting on April 23rd, 2019 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 04/23/2019 and 10/22/2019.

According to the performance of Zcoin between April 23rd, 2019 and October 22nd, 2019, Zcoin performed the best on Sundays. On average, the price of Zcoin increased 0.81% on Sunday.

The weekday on which the Zcoin performed the worst, is Saturday. On Saturdays, the Zcoin declined in value on average by -1.01%.

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 0.81%. However, the uncertainty of this increase is high. The expected change in value of the Zcoin on a Sunday is between -5.37% and 6.99% (see also the table below).

Allthough the Zcoin decreases in value with -0.53% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Zcoin on Mondays is 3.89%. This means that the expected change of the value of Zcoin is between -4.43% and 3.36% on 68 out of 100 Mondays.

Zcoin increased in value on an average Tuesday only slightly. The average increase in value of the Zcoin was 0.25%. 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 (7.32%). This means that on 68 percent of the Tuesdays, the change in price of the Zcoin is expected to be in the range of -7.06% and 7.57%.

On Wednesdays, the Zcoin decreases in value on average with -0.87%. On most of the Wednesdays the Zcoin decreases in value between -5.03% and 3.29%. The uncertainty (4.16%) is higher than the average decline percentage (-0.87%). Therefore, expected range of price changes of the Zcoin on Wednesdays is large.

Zcoin increased in value on an average Thursday only slightly. The average increase in value of the Zcoin was 0.01%. 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 (5.58%). This means that on 68 percent of the Thursdays, the change in price of the Zcoin is expected to be in the range of -5.57% and 5.59%.

Historical performance on Friday 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 Friday with 0.74%. However, the uncertainty of this increase is high. The expected change in value of the Zcoin on a Friday is between -3.36% and 4.83% (see also the table below).

The Zcoin declines in value on an average Saturday with -1.01%. However, the uncertainty (or standard deviation) is quite large, namely 4.23%. This means that it is not possible to say whether on a regular Saturday the Zcoin will increase or decrease in value.

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 0.81% 6.18% -5.37% to 6.99%
Monday -0.53% 3.89% -4.43% to 3.36%
Tuesday 0.25% 7.32% -7.06% to 7.57%
Wednesday -0.87% 4.16% -5.03% to 3.29%
Thursday 0.01% 5.58% -5.57% to 5.59%
Friday 0.74% 4.09% -3.36% to 4.83%
Saturday -1.01% 4.23% -5.24% to 3.21%