Horizen (ZEN)

Current price: $ 3.94

24 hours price change: $ -0.01 (-0.29%)

Daily analysis of Horizen (ZEN) - 6 months

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 6 months, starting on April 20th, 2019 to October 19th, 2019.

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 04/20/2019 and 10/19/2019.

According to the performance of Horizen between April 20th, 2019 and October 19th, 2019, Horizen performed the best on Fridays. On average, the price of Horizen increased 1.55% on Friday.

The weekday on which the Horizen performed the worst, is Monday. On Mondays, the Horizen declined in value on average by -1.92%.

Horizen weekday performance

It is hard to tell whether the Horizen will increase or decrease in value on an average Sunday. The average change on a Sunday for the Horizen is -0.28%. However, the standard deviation on this weekday is 4.17%. This means that on most Sundays, the change in value of the Horizen is between -4.45% and 3.90%.

The Horizen declines in value on an average Monday with -1.92%. However, the uncertainty (or standard deviation) is quite large, namely 4.00%. This means that it is not possible to say whether on a regular Monday the Horizen will increase or decrease in value.

On an average Tuesday, the Horizen increased 0.46%. However, since the expected deviation is 5.80%, the Horizen will decline in value on a Tuesday quiet regularly. The expected price change of the Horizen on a Tuesday is between -5.34% and 6.25%.

Allthough the Horizen decreases in value with -0.42% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Horizen on Wednesdays is 4.23%. This means that the expected change of the value of Horizen is between -4.65% and 3.81% on 68 out of 100 Wednesdays.

It is hard to tell whether the Horizen will increase or decrease in value on an average Thursday. The average change on a Thursday for the Horizen is -0.01%. However, the standard deviation on this weekday is 4.49%. This means that on most Thursdays, the change in value of the Horizen is between -4.50% and 4.48%.

On an average Friday the Horizen shows an increase in value of 1.55%. However, the change of Horizen on most of the Fridays is between -3.49% and 6.59%. 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 -0.47% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Horizen on Saturdays is 4.37%. This means that the expected change of the value of Horizen is between -4.84% and 3.91% 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 -0.28% 4.17% -4.45% to 3.90%
Monday -1.92% 4.00% -5.92% to 2.08%
Tuesday 0.46% 5.80% -5.34% to 6.25%
Wednesday -0.42% 4.23% -4.65% to 3.81%
Thursday -0.01% 4.49% -4.50% to 4.48%
Friday 1.55% 5.04% -3.49% to 6.59%
Saturday -0.47% 4.37% -4.84% to 3.91%