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 year, starting on June 27th, 2021 to June 27th, 2022.
In the barchart below, the weekdays and average performance of Horizen are shown side by side.
According to the performance of Horizen between June 27th, 2021 and June 27th, 2022, Horizen performed the best on Wednesdays. On average, the price of Horizen increased 0.47% on Wednesday.
The weekday on which the Horizen performed the worst, is Monday. On Mondays, the Horizen declined in value on average by -0.69%.
Horizen weekday performance
On an average Sunday, the Horizen increased 0.46%. However, since the expected deviation is 1.97%, the Horizen will decline in value on a Sunday quiet regularly. The expected price change of the Horizen on a Sunday is between -1.50% and 2.43%.
On Mondays, the Horizen decreases in value on average with -0.69%. On most of the Mondays the Horizen decreases in value between -3.34% and 1.96%. The uncertainty (2.65%) is higher than the average decline percentage (-0.69%). Therefore, expected range of price changes of the Horizen on Mondays is large.
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 -0.13%. However, the standard deviation on this weekday is 2.50%. This means that on most Tuesdays, the change in value of the Horizen is between -2.63% and 2.37%.
On an average Wednesday, the Horizen increased 0.47%. However, since the expected deviation is 1.68%, the Horizen will decline in value on a Wednesday quiet regularly. The expected price change of the Horizen on a Wednesday is between -1.21% and 2.15%.
Allthough the Horizen decreases in value with -0.35% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Horizen on Thursdays is 1.72%. This means that the expected change of the value of Horizen is between -2.08% and 1.37% on 68 out of 100 Thursdays.
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 -0.06%. However, the standard deviation on this weekday is 2.88%. This means that on most Fridays, the change in value of the Horizen is between -2.93% and 2.82%.
Horizen increased in value on an average Saturday only slightly. The average increase in value of the Horizen was 0.23%. 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 (1.53%). This means that on 68 percent of the Saturdays, the change in price of the Horizen is expected to be in the range of -1.30% and 1.77%.
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||0.46%||1.97%||-1.50% to 2.43%|
|Monday||-0.69%||2.65%||-3.34% to 1.96%|
|Tuesday||-0.13%||2.50%||-2.63% to 2.37%|
|Wednesday||0.47%||1.68%||-1.21% to 2.15%|
|Thursday||-0.35%||1.72%||-2.08% to 1.37%|
|Friday||-0.06%||2.88%||-2.93% to 2.82%|
|Saturday||0.23%||1.53%||-1.30% to 1.77%|