Horizen (ZEN)

Current price: $ 37.63

24 hours price change: $ 0.31 (0.84%)

Daily analysis of Horizen (ZEN) - 1 month

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 December 28th, 2021 to January 28th, 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 12/28/2021 and 01/28/2022.

According to the performance of Horizen between December 28th, 2021 and January 28th, 2022, Horizen performed the best on Sundays. On average, the price of Horizen increased 1.29% on Sunday.

The weekday on which the Horizen performed the worst, is Monday. On Mondays, the Horizen declined in value on average by -0.88%.

Horizen weekday performance

On an average Sunday the Horizen shows a high increase in value, namely 1.29%. The standard deviation is below the average increase percentage (standard deviation is 1.11%), meaning that on 68% of the Sundays the Horizen will increase with a percentage between 0.18% and 2.39%. This also means that, on average, on 16 percent of the Sundays, the Horizen will increase with a percentage above this range. On the other 16% of the Sundays, the Horizen will change with a percentage below the 0.18%.

On Mondays, the Horizen decreases in value on average with -0.88%. On most of the Mondays the Horizen decreases in value between -1.33% and -0.44%. The uncertainty (0.45%) is higher than the average decline percentage (-0.88%). Therefore, expected range of price changes of the Horizen on Mondays is large.

On Tuesdays, the Horizen decreases in value on average with -0.77%. On most of the Tuesdays the Horizen decreases in value between -1.65% and 0.11%. The uncertainty (0.88%) is higher than the average decline percentage (-0.77%). Therefore, expected range of price changes of the Horizen on Tuesdays is large.

Horizen increased in value on an average Wednesday only slightly. The average increase in value of the Horizen was 0.29%. 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 (1.22%). This means that on 68 percent of the Wednesdays, the change in price of the Horizen is expected to be in the range of -0.93% and 1.51%.

It is hard to tell whether the Horizen will increase or decrease in value on an average Thursday. The average change on a Thursday for the Horizen is -0.17%. However, the standard deviation on this weekday is 0.78%. This means that on most Thursdays, the change in value of the Horizen is between -0.95% and 0.62%.

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 -0.04%. However, the standard deviation on this weekday is 1.05%. This means that on most Fridays, the change in value of the Horizen is between -1.09% and 1.01%.

On an average Saturday the Horizen shows a high increase in value, namely 1.04%. The standard deviation is below the average increase percentage (standard deviation is 0.46%), meaning that on 68% of the Saturdays the Horizen will increase with a percentage between 0.58% and 1.49%. This also means that, on average, on 16 percent of the Saturdays, the Horizen will increase with a percentage above this range. On the other 16% of the Saturdays, the Horizen will change with a percentage below the 0.58%.

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 1.29% 1.11% 0.18% to 2.39%
Monday -0.88% 0.45% -1.33% to -0.44%
Tuesday -0.77% 0.88% -1.65% to 0.11%
Wednesday 0.29% 1.22% -0.93% to 1.51%
Thursday -0.17% 0.78% -0.95% to 0.62%
Friday -0.04% 1.05% -1.09% to 1.01%
Saturday 1.04% 0.46% 0.58% to 1.49%
 

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