Horizen (ZEN)

Current price: $ 85.33

24 hours price change: $ -9.19 (-9.72%)

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 August 20th, 2021 to September 19th, 2021.

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 08/20/2021 and 09/19/2021.

According to the performance of Horizen between August 20th, 2021 and September 19th, 2021, Horizen performed the best on Tuesdays. On average, the price of Horizen increased 1.45% on Tuesday.

The weekday on which the Horizen performed the worst, is Thursday. On Thursdays, the Horizen declined in value on average by -1.32%.

Horizen weekday performance

Horizen increased in value on an average Sunday only slightly. The average increase in value of the Horizen was 0.04%. 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 (0.20%). This means that on 68 percent of the Sundays, the change in price of the Horizen is expected to be in the range of -0.16% and 0.24%.

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 -0.21%. However, the standard deviation on this weekday is 0.35%. This means that on most Mondays, the change in value of the Horizen is between -0.56% and 0.14%.

On an average Tuesday the Horizen shows an increase in value of 1.45%. However, the change of Horizen on most of the Tuesdays is between -1.01% and 3.91%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Horizens.

Horizen increased in value on an average Wednesday only slightly. The average increase in value of the Horizen was 0.08%. 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 (0.12%). This means that on 68 percent of the Wednesdays, the change in price of the Horizen is expected to be in the range of -0.04% and 0.20%.

The Horizen declines in value on an average Thursday with -1.32%. However, the uncertainty (or standard deviation) is quite large, namely 2.37%. This means that it is not possible to say whether on a regular Thursday the Horizen will increase or decrease in value.

Horizen increased in value on an average Friday 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 (0.15%). This means that on 68 percent of the Fridays, the change in price of the Horizen is expected to be in the range of -0.12% and 0.18%.

On an average Saturday, the Horizen increased 0.40%. However, since the expected deviation is 0.78%, the Horizen will decline in value on a Saturday quiet regularly. The expected price change of the Horizen on a Saturday is between -0.38% and 1.18%.

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 0.04% 0.20% -0.16% to 0.24%
Monday -0.21% 0.35% -0.56% to 0.14%
Tuesday 1.45% 2.46% -1.01% to 3.91%
Wednesday 0.08% 0.12% -0.04% to 0.20%
Thursday -1.32% 2.37% -3.69% to 1.05%
Friday 0.03% 0.15% -0.12% to 0.18%
Saturday 0.40% 0.78% -0.38% to 1.18%
 

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