Horizen (ZEN)

Current price: $ 80.54

24 hours price change: $ -0.76 (-0.93%)

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 13th, 2021 to June 12th, 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 05/13/2021 and 06/12/2021.

According to the performance of Horizen between May 13th, 2021 and June 12th, 2021, Horizen performed the best on Saturdays. On average, the price of Horizen increased 4.58% on Saturday.

The weekday on which the Horizen performed the worst, is Sunday. On Sundays, the Horizen declined in value on average by -2.98%.

Horizen weekday performance

The Horizen declines in value on an average Sunday with -2.98%. However, the uncertainty (or standard deviation) is quite large, namely 5.40%. This means that it is not possible to say whether on a regular Sunday the Horizen will increase or decrease in value.

On an average Monday, the Horizen increased 0.60%. However, since the expected deviation is 0.62%, the Horizen will decline in value on a Monday quiet regularly. The expected price change of the Horizen on a Monday is between -0.02% and 1.22%.

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 0.39%. This means that on most Tuesdays, the change in value of the Horizen is between -0.52% and 0.26%.

On an average Wednesday the Horizen shows an increase in value of 2.25%. However, the change of Horizen on most of the Wednesdays is between -1.59% and 6.10%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Horizens.

Allthough the Horizen decreases in value with -0.45% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Horizen on Thursdays is 2.61%. This means that the expected change of the value of Horizen is between -3.07% and 2.16% on 68 out of 100 Thursdays.

The Horizen declines in value on an average Friday with -2.57%. However, the uncertainty (or standard deviation) is quite large, namely 3.45%. This means that it is not possible to say whether on a regular Friday the Horizen will increase or decrease in value.

The increase in value of the Horizen is 4.58% on an average Saturday. However, the uncertainty on the average change is high for the Horizen on Saturdays. This is the reason why an expected increase of the Horizen on an average Saturday cannot be predicted. The standard deviation for Horizen on Saturdays is high, namely 9.03%. This means that the expected range of value change for the Horizen is -4.45% and 13.60% on 68% of the 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 -2.98% 5.40% -8.39% to 2.42%
Monday 0.60% 0.62% -0.02% to 1.22%
Tuesday -0.13% 0.39% -0.52% to 0.26%
Wednesday 2.25% 3.84% -1.59% to 6.10%
Thursday -0.45% 2.61% -3.07% to 2.16%
Friday -2.57% 3.45% -6.02% to 0.87%
Saturday 4.58% 9.03% -4.45% to 13.60%
 

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