Horizen (ZEN)

Current price: $ 8.45

24 hours price change: $ 0.04 (0.47%)

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 March 16th, 2024 to April 16th, 2024.

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 03/16/2024 and 04/16/2024.

According to the performance of Horizen between March 16th, 2024 and April 16th, 2024, Horizen performed the best on Fridays. On average, the price of Horizen increased 1.79% on Friday.

The weekday on which the Horizen performed the worst, is Tuesday. On Tuesdays, the Horizen declined in value on average by -0.83%.

Horizen weekday performance

On an average Sunday, the Horizen increased 0.40%. However, since the expected deviation is 1.33%, the Horizen will decline in value on a Sunday quiet regularly. The expected price change of the Horizen on a Sunday is between -0.93% and 1.73%.

On an average Monday, the Horizen increased 0.32%. However, since the expected deviation is 2.55%, the Horizen will decline in value on a Monday quiet regularly. The expected price change of the Horizen on a Monday is between -2.24% and 2.87%.

On Tuesdays, the Horizen decreases in value on average with -0.83%. On most of the Tuesdays the Horizen decreases in value between -1.48% and -0.19%. The uncertainty (0.65%) is higher than the average decline percentage (-0.83%). Therefore, expected range of price changes of the Horizen on Tuesdays is large.

It is hard to tell whether the Horizen will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Horizen is -0.01%. However, the standard deviation on this weekday is 1.33%. This means that on most Wednesdays, the change in value of the Horizen is between -1.33% and 1.32%.

Allthough the Horizen decreases in value with -0.56% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Horizen on Thursdays is 0.87%. This means that the expected change of the value of Horizen is between -1.43% and 0.31% on 68 out of 100 Thursdays.

On an average Friday the Horizen shows an increase in value of 1.79%. However, the change of Horizen on most of the Fridays is between -1.73% and 5.32%. Therefore it is hard to tell whether an average Friday is a good day to start buying Horizens.

Allthough the Horizen decreases in value with -0.57% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Horizen on Saturdays is 0.90%. This means that the expected change of the value of Horizen is between -1.46% and 0.33% 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 0.40% 1.33% -0.93% to 1.73%
Monday 0.32% 2.55% -2.24% to 2.87%
Tuesday -0.83% 0.65% -1.48% to -0.19%
Wednesday -0.01% 1.33% -1.33% to 1.32%
Thursday -0.56% 0.87% -1.43% to 0.31%
Friday 1.79% 3.52% -1.73% to 5.32%
Saturday -0.57% 0.90% -1.46% to 0.33%
 

About Us

: Financial indicators for cryptocurrencies