Horizen (ZEN)

Current price: $ 10.66

24 hours price change: $ -0.33 (-3.00%)

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 November 6th, 2022 to December 6th, 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 11/06/2022 and 12/06/2022.

According to the performance of Horizen between November 6th, 2022 and December 6th, 2022, Horizen performed the best on Thursdays. On average, the price of Horizen increased 0.87% on Thursday.

The weekday on which the Horizen performed the worst, is Monday. On Mondays, the Horizen declined in value on average by -0.62%.

Horizen weekday performance

The expected range of change of the Horizen for an average Sunday is between 0.47% and 0.87%. This is the result of an average increase in value of 0.67% and a standard deviation of %STANDARD_DEVIATION%}. This expected increase of value is calculated over the last 1 month.

On Mondays, the Horizen decreases in value on average with -0.62%. On most of the Mondays the Horizen decreases in value between -2.33% and 1.10%. The uncertainty (1.71%) is higher than the average decline percentage (-0.62%). Therefore, expected range of price changes of the Horizen on Mondays is large.

Horizen increased in value on an average Tuesday only slightly. The average increase in value of the Horizen was 0.28%. 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 (0.97%). This means that on 68 percent of the Tuesdays, the change in price of the Horizen is expected to be in the range of -0.69% and 1.26%.

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 0.00%. However, the standard deviation on this weekday is 1.87%. This means that on most Wednesdays, the change in value of the Horizen is between -1.88% and 1.87%.

Historical performance on Thursday 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 Thursday with 0.87%. However, the uncertainty of this increase is high. The expected change in value of the Horizen on a Thursday is between -0.46% and 2.20% (see also the table below).

On an average Friday, the Horizen increased 0.53%. However, since the expected deviation is 0.86%, the Horizen will decline in value on a Friday quiet regularly. The expected price change of the Horizen on a Friday is between -0.33% and 1.39%.

Horizen increased in value on an average Saturday only slightly. The average increase in value of the Horizen was 0.18%. 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 (1.16%). This means that on 68 percent of the Saturdays, the change in price of the Horizen is expected to be in the range of -0.98% and 1.34%.

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 0.67% 0.20% 0.47% to 0.87%
Monday -0.62% 1.71% -2.33% to 1.10%
Tuesday 0.28% 0.97% -0.69% to 1.26%
Wednesday 0.00% 1.87% -1.88% to 1.87%
Thursday 0.87% 1.33% -0.46% to 2.20%
Friday 0.53% 0.86% -0.33% to 1.39%
Saturday 0.18% 1.16% -0.98% to 1.34%
 

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