Horizen (ZEN)

Current price: $ 21.10

24 hours price change: $ -0.56 (-2.59%)

Daily analysis of Horizen (ZEN) - all

The performance of Horizen regarding the price differs every day. To make the best decision to buy Horizen, we are analysis in this article the performance of Horizen on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on June 5th, 2017 to August 13th, 2022.

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

Average daily change in price of Horizen per weekday between 06/05/2017 and 08/13/2022.

According to the performance of Horizen between June 5th, 2017 and August 13th, 2022, Horizen performed the best on Wednesdays. On average, the price of Horizen increased 1.26% on Wednesday.

The weekday on which the Horizen performed the worst, is Saturday. On Saturdays, the Horizen declined in value on average by -0.35%.

Horizen weekday performance

Horizen increased in value on an average Sunday only slightly. The average increase in value of the Horizen was 0.11%. Allthough the Horizen closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (5.43%). This means that on 68 percent of the Sundays, the change in price of the Horizen is expected to be in the range of -5.32% and 5.54%.

It is hard to tell whether the Horizen will increase or decrease in value on an average Monday. The average change on a Monday for the Horizen is -0.01%. However, the standard deviation on this weekday is 5.12%. This means that on most Mondays, the change in value of the Horizen is between -5.14% and 5.11%.

Horizen increased in value on an average Tuesday only slightly. The average increase in value of the Horizen was 0.03%. Allthough the Horizen closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (5.17%). This means that on 68 percent of the Tuesdays, the change in price of the Horizen is expected to be in the range of -5.15% and 5.20%.

On an average Wednesday the Horizen shows an increase in value of 1.26%. However, the change of Horizen on most of the Wednesdays is between -11.82% and 14.34%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Horizens.

Horizen increased in value on an average Thursday only slightly. The average increase in value of the Horizen was 0.19%. Allthough the Horizen closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (5.79%). This means that on 68 percent of the Thursdays, the change in price of the Horizen is expected to be in the range of -5.59% and 5.98%.

It is hard to tell whether the Horizen will increase or decrease in value on an average Friday. The average change on a Friday for the Horizen is -0.05%. However, the standard deviation on this weekday is 4.71%. This means that on most Fridays, the change in value of the Horizen is between -4.76% and 4.66%.

Allthough the Horizen decreases in value with -0.35% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Horizen on Saturdays is 4.64%. This means that the expected change of the value of Horizen is between -4.99% and 4.29% on 68 out of 100 Saturdays.

Horizen weekday performance details

Find below the details of the performance of Horizen 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 0.11% 5.43% -5.32% to 5.54%
Monday -0.01% 5.12% -5.14% to 5.11%
Tuesday 0.03% 5.17% -5.15% to 5.20%
Wednesday 1.26% 13.08% -11.82% to 14.34%
Thursday 0.19% 5.79% -5.59% to 5.98%
Friday -0.05% 4.71% -4.76% to 4.66%
Saturday -0.35% 4.64% -4.99% to 4.29%
 

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