Horizen (ZEN)

Current price: $ 6.54

24 hours price change: $ 0.64 (10.92%)

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 December 14th, 2019.

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 12/14/2019.

According to the performance of Horizen between June 5th, 2017 and December 14th, 2019, Horizen performed the best on Wednesdays. On average, the price of Horizen increased 2.12% on Wednesday.

The weekday on which the Horizen performed the worst, is Saturday. On Saturdays, the Horizen declined in value on average by -1.07%.

Horizen weekday performance

It is hard to tell whether the Horizen will increase or decrease in value on an average Sunday. The average change on a Sunday for the Horizen is -0.18%. However, the standard deviation on this weekday is 7.19%. This means that on most Sundays, the change in value of the Horizen is between -7.38% and 7.01%.

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 -0.25%. However, the standard deviation on this weekday is 6.26%. This means that on most Mondays, the change in value of the Horizen is between -6.51% and 6.01%.

Horizen increased in value on an average Tuesday only slightly. The average increase in value of the Horizen was 0.05%. 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 (6.96%). This means that on 68 percent of the Tuesdays, the change in price of the Horizen is expected to be in the range of -6.91% and 7.01%.

On an average Wednesday the Horizen shows an increase in value of 2.12%. However, the change of Horizen on most of the Wednesdays is between -16.33% and 20.57%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Horizens.

On an average Thursday, the Horizen increased 0.42%. However, since the expected deviation is 7.72%, the Horizen will decline in value on a Thursday quiet regularly. The expected price change of the Horizen on a Thursday is between -7.30% and 8.15%.

Horizen increased in value on an average Friday only slightly. The average increase in value of the Horizen was 0.16%. 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 (6.17%). This means that on 68 percent of the Fridays, the change in price of the Horizen is expected to be in the range of -6.01% and 6.34%.

The Horizen declines in value on an average Saturday with -1.07%. However, the uncertainty (or standard deviation) is quite large, namely 5.94%. This means that it is not possible to say whether on a regular Saturday the Horizen will increase or decrease in value.

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 -0.18% 7.19% -7.38% to 7.01%
Monday -0.25% 6.26% -6.51% to 6.01%
Tuesday 0.05% 6.96% -6.91% to 7.01%
Wednesday 2.12% 18.45% -16.33% to 20.57%
Thursday 0.42% 7.72% -7.30% to 8.15%
Friday 0.16% 6.17% -6.01% to 6.34%
Saturday -1.07% 5.94% -7.01% to 4.87%