Horizen (ZEN)

Current price: $ 31.66

24 hours price change: $ -3.28 (-9.38%)

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 December 24th, 2021 to January 24th, 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 12/24/2021 and 01/24/2022.

According to the performance of Horizen between December 24th, 2021 and January 24th, 2022, Horizen performed the best on Sundays. On average, the price of Horizen increased 1.04% on Sunday.

The weekday on which the Horizen performed the worst, is Monday. On Mondays, the Horizen declined in value on average by -0.67%.

Horizen weekday performance

On an average Sunday the Horizen shows an increase in value of 1.04%. However, the change of Horizen on most of the Sundays is between -0.06% and 2.15%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Horizens.

On Mondays, the Horizen decreases in value on average with -0.67%. On most of the Mondays the Horizen decreases in value between -1.25% and -0.08%. The uncertainty (0.59%) is higher than the average decline percentage (-0.67%). Therefore, expected range of price changes of the Horizen on Mondays is large.

Allthough the Horizen decreases in value with -0.59% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Horizen on Tuesdays is 0.90%. This means that the expected change of the value of Horizen is between -1.49% and 0.30% on 68 out of 100 Tuesdays.

Historical performance on Wednesday 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 Wednesday with 0.68%. However, the uncertainty of this increase is high. The expected change in value of the Horizen on a Wednesday is between -0.37% and 1.73% (see also the table below).

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 -0.19%. However, the standard deviation on this weekday is 0.87%. This means that on most Thursdays, the change in value of the Horizen is between -1.06% and 0.68%.

Allthough the Horizen decreases in value with -0.35% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Horizen on Fridays is 0.78%. This means that the expected change of the value of Horizen is between -1.13% and 0.44% on 68 out of 100 Fridays.

On an average Saturday the Horizen shows a high increase in value, namely 1.02%. The standard deviation is below the average increase percentage (standard deviation is 0.41%), meaning that on 68% of the Saturdays the Horizen will increase with a percentage between 0.62% and 1.43%. This also means that, on average, on 16 percent of the Saturdays, the Horizen will increase with a percentage above this range. On the other 16% of the Saturdays, the Horizen will change with a percentage below the 0.62%.

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 1.04% 1.10% -0.06% to 2.15%
Monday -0.67% 0.59% -1.25% to -0.08%
Tuesday -0.59% 0.90% -1.49% to 0.30%
Wednesday 0.68% 1.05% -0.37% to 1.73%
Thursday -0.19% 0.87% -1.06% to 0.68%
Friday -0.35% 0.78% -1.13% to 0.44%
Saturday 1.02% 0.41% 0.62% to 1.43%
 

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