Horizen (ZEN)

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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 May 28th, 2022 to June 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 05/28/2022 and 06/28/2022.

According to the performance of Horizen between May 28th, 2022 and June 28th, 2022, Horizen performed the best on Wednesdays. On average, the price of Horizen increased 0.35% on Wednesday.

The weekday on which the Horizen performed the worst, is Tuesday. On Tuesdays, the Horizen declined in value on average by -0.09%.

Horizen weekday performance

Horizen increased in value on an average Sunday only slightly. The average increase in value of the Horizen was 0.06%. 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 (0.13%). This means that on 68 percent of the Sundays, the change in price of the Horizen is expected to be in the range of -0.07% and 0.20%.

The Horizen will almost not change or only slightly increase in value on an average Monday. The average change of the Horizen on Mondays is 0.24%. The standard deviation of the Horizen is 0.23%, which means that in 68% of the Mondays, the range of the change of the Horizen is 0.01% and 0.47%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.

It is hard to tell whether the Horizen will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Horizen is -0.09%. However, the standard deviation on this weekday is 0.11%. This means that on most Tuesdays, the change in value of the Horizen is between -0.20% and 0.02%.

On an average Wednesday, the Horizen increased 0.35%. However, since the expected deviation is 0.71%, the Horizen will decline in value on a Wednesday quiet regularly. The expected price change of the Horizen on a Wednesday is between -0.36% and 1.06%.

The Horizen will almost not change or only slightly increase in value on an average Thursday. The average change of the Horizen on Thursdays is 0.10%. The standard deviation of the Horizen is 0.10%, which means that in 68% of the Thursdays, the range of the change of the Horizen is 0.00% and 0.21%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.

Horizen increased in value on an average Friday only slightly. The average increase in value of the Horizen was 0.02%. 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 (0.13%). This means that on 68 percent of the Fridays, the change in price of the Horizen is expected to be in the range of -0.11% and 0.16%.

Horizen increased in value on an average Saturday 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 (0.24%). This means that on 68 percent of the Saturdays, the change in price of the Horizen is expected to be in the range of -0.21% and 0.28%.

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 0.06% 0.13% -0.07% to 0.20%
Monday 0.24% 0.23% 0.01% to 0.47%
Tuesday -0.09% 0.11% -0.20% to 0.02%
Wednesday 0.35% 0.71% -0.36% to 1.06%
Thursday 0.10% 0.10% 0.00% to 0.21%
Friday 0.02% 0.13% -0.11% to 0.16%
Saturday 0.03% 0.24% -0.21% to 0.28%
 

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