Horizen (ZEN)

Current price: $ 51.85

24 hours price change: $ 0.35 (0.68%)

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 January 25th, 2021 to July 24th, 2021.

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 01/25/2021 and 07/24/2021.

According to the performance of Horizen between January 25th, 2021 and July 24th, 2021, Horizen performed the best on Mondays. On average, the price of Horizen increased 2.11% on Monday.

The weekday on which the Horizen performed the worst, is Friday. On Fridays, the Horizen declined in value on average by -1.39%.

Horizen weekday performance

Horizen increased in value on an average Sunday only slightly. The average increase in value of the Horizen was 0.19%. 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 (4.26%). This means that on 68 percent of the Sundays, the change in price of the Horizen is expected to be in the range of -4.07% and 4.44%.

On an average Monday the Horizen shows an increase in value of 2.11%. However, the change of Horizen on most of the Mondays is between -4.52% and 8.75%. Therefore it is hard to tell whether an average Monday is a good day to start buying Horizens.

On an average Tuesday, the Horizen increased 0.39%. However, since the expected deviation is 4.44%, the Horizen will decline in value on a Tuesday quiet regularly. The expected price change of the Horizen on a Tuesday is between -4.05% and 4.82%.

On an average Wednesday the Horizen shows an increase in value of 1.08%. However, the change of Horizen on most of the Wednesdays is between -4.34% and 6.49%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Horizens.

On an average Thursday, the Horizen increased 0.37%. However, since the expected deviation is 4.65%, the Horizen will decline in value on a Thursday quiet regularly. The expected price change of the Horizen on a Thursday is between -4.28% and 5.02%.

The Horizen declines in value on an average Friday with -1.39%. However, the uncertainty (or standard deviation) is quite large, namely 3.95%. This means that it is not possible to say whether on a regular Friday the Horizen will increase or decrease in value.

On an average Saturday the Horizen shows an increase in value of 1.63%. However, the change of Horizen on most of the Saturdays is between -3.84% and 7.09%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Horizens.

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 0.19% 4.26% -4.07% to 4.44%
Monday 2.11% 6.64% -4.52% to 8.75%
Tuesday 0.39% 4.44% -4.05% to 4.82%
Wednesday 1.08% 5.41% -4.34% to 6.49%
Thursday 0.37% 4.65% -4.28% to 5.02%
Friday -1.39% 3.95% -5.34% to 2.56%
Saturday 1.63% 5.46% -3.84% to 7.09%
 

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