Zilliqa (ZIL)

Current price: $ 0.02

24 hours price change: $ -0.000400 (-2.17%)

Daily analysis of Zilliqa (ZIL) - 6 months

The performance of Zilliqa regarding the price differs every day. To make the best decision to buy Zilliqa, we are analysis in this article the performance of Zilliqa on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 6 months, starting on December 3rd, 2019 to June 2nd, 2020.

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

Average daily change in price of Zilliqa per weekday between 12/03/2019 and 06/02/2020.

According to the performance of Zilliqa between December 3rd, 2019 and June 2nd, 2020, Zilliqa performed the best on Fridays. On average, the price of Zilliqa increased 0.48% on Friday.

The weekday on which the Zilliqa performed the worst, is Sunday. On Sundays, the Zilliqa declined in value on average by -0.57%.

Zilliqa weekday performance

Allthough the Zilliqa decreases in value with -0.57% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Zilliqa on Sundays is 3.79%. This means that the expected change of the value of Zilliqa is between -4.37% and 3.22% on 68 out of 100 Sundays.

Zilliqa increased in value on an average Monday only slightly. The average increase in value of the Zilliqa was 0.11%. Allthough the Zilliqa closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.65%). This means that on 68 percent of the Mondays, the change in price of the Zilliqa is expected to be in the range of -1.55% and 1.76%.

It is hard to tell whether the Zilliqa will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Zilliqa is -0.13%. However, the standard deviation on this weekday is 1.25%. This means that on most Tuesdays, the change in value of the Zilliqa is between -1.38% and 1.12%.

It is hard to tell whether the Zilliqa will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Zilliqa is -0.30%. However, the standard deviation on this weekday is 1.39%. This means that on most Wednesdays, the change in value of the Zilliqa is between -1.68% and 1.09%.

Allthough the Zilliqa decreases in value with -0.44% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Zilliqa on Thursdays is 1.15%. This means that the expected change of the value of Zilliqa is between -1.58% and 0.71% on 68 out of 100 Thursdays.

On an average Friday, the Zilliqa increased 0.48%. However, since the expected deviation is 3.30%, the Zilliqa will decline in value on a Friday quiet regularly. The expected price change of the Zilliqa on a Friday is between -2.83% and 3.78%.

Zilliqa increased in value on an average Saturday only slightly. The average increase in value of the Zilliqa was 0.14%. Allthough the Zilliqa closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.55%). This means that on 68 percent of the Saturdays, the change in price of the Zilliqa is expected to be in the range of -1.40% and 1.69%.

Zilliqa weekday performance details

Find below the details of the performance of Zilliqa 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 -0.57% 3.79% -4.37% to 3.22%
Monday 0.11% 1.65% -1.55% to 1.76%
Tuesday -0.13% 1.25% -1.38% to 1.12%
Wednesday -0.30% 1.39% -1.68% to 1.09%
Thursday -0.44% 1.15% -1.58% to 0.71%
Friday 0.48% 3.30% -2.83% to 3.78%
Saturday 0.14% 1.55% -1.40% to 1.69%
 

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