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 1 month, starting on November 1st, 2023 to December 1st, 2023.
In the barchart below, the weekdays and average performance of Horizen are shown side by side.
According to the performance of Horizen between November 1st, 2023 and December 1st, 2023, Horizen performed the best on Mondays. On average, the price of Horizen increased 0.90% on Monday.
The weekday on which the Horizen performed the worst, is Sunday. On Sundays, the Horizen declined in value on average by -1.25%.
Horizen weekday performance
The Horizen declines in value on an average Sunday with -1.25%. However, the uncertainty (or standard deviation) is quite large, namely 1.04%. This means that it is not possible to say whether on a regular Sunday the Horizen will increase or decrease in value.
Historical performance on Monday do not show an increase in value of the Horizen on which a prediction can be made. The Horizen increased in value on average on an average Monday with 0.90%. However, the uncertainty of this increase is high. The expected change in value of the Horizen on a Monday is between -0.05% and 1.86% (see also the table below).
Allthough the Horizen decreases in value with -0.39% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Horizen on Tuesdays is 1.52%. This means that the expected change of the value of Horizen is between -1.91% and 1.13% on 68 out of 100 Tuesdays.
The expected range of change of the Horizen for an average Wednesday is between 0.05% and 1.61%. This is the result of an average increase in value of 0.83% and a standard deviation of %STANDARD_DEVIATION%}. This expected increase of value is calculated over the last 1 month.
Horizen increased in value on an average Thursday only slightly. The average increase in value of the Horizen was 0.12%. 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 (1.20%). This means that on 68 percent of the Thursdays, the change in price of the Horizen is expected to be in the range of -1.08% and 1.31%.
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 -0.11%. However, the standard deviation on this weekday is 1.22%. This means that on most Fridays, the change in value of the Horizen is between -1.32% and 1.11%.
Historical performance on Saturday do not show an increase in value of the Horizen on which a prediction can be made. The Horizen increased in value on average on an average Saturday with 0.80%. However, the uncertainty of this increase is high. The expected change in value of the Horizen on a Saturday is between -0.57% and 2.16% (see also the table below).
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||-1.25%||1.04%||-2.30% to -0.21%|
|Monday||0.90%||0.96%||-0.05% to 1.86%|
|Tuesday||-0.39%||1.52%||-1.91% to 1.13%|
|Wednesday||0.83%||0.78%||0.05% to 1.61%|
|Thursday||0.12%||1.20%||-1.08% to 1.31%|
|Friday||-0.11%||1.22%||-1.32% to 1.11%|
|Saturday||0.80%||1.37%||-0.57% to 2.16%|