Horizen (ZEN)

Current price: $ 6.36

24 hours price change: $ -0.08 (-1.28%)

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 23rd, 2024 to June 23rd, 2024.

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 05/23/2024 and 06/23/2024.

According to the performance of Horizen between May 23rd, 2024 and June 23rd, 2024, Horizen performed the best on Mondays. On average, the price of Horizen increased 1.06% on Monday.

The weekday on which the Horizen performed the worst, is Sunday. On Sundays, the Horizen declined in value on average by -0.48%.

Horizen weekday performance

Allthough the Horizen decreases in value with -0.48% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Horizen on Sundays is 0.77%. This means that the expected change of the value of Horizen is between -1.25% and 0.28% on 68 out of 100 Sundays.

On an average Monday the Horizen shows an increase in value of 1.06%. However, the change of Horizen on most of the Mondays is between -0.80% and 2.92%. Therefore it is hard to tell whether an average Monday is a good day to start buying Horizens.

Horizen increased in value on an average Tuesday only slightly. The average increase in value of the Horizen was 0.01%. 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 (0.06%). This means that on 68 percent of the Tuesdays, the change in price of the Horizen is expected to be in the range of -0.06% and 0.07%.

Allthough the Horizen decreases in value with -0.33% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Horizen on Wednesdays is 0.64%. This means that the expected change of the value of Horizen is between -0.97% and 0.31% on 68 out of 100 Wednesdays.

Horizen increased in value on an average Thursday only slightly. The average increase in value of the Horizen was 0.22%. 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 (0.77%). This means that on 68 percent of the Thursdays, the change in price of the Horizen is expected to be in the range of -0.55% and 0.98%.

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 -0.15%. However, the standard deviation on this weekday is 0.87%. This means that on most Fridays, the change in value of the Horizen is between -1.02% and 0.72%.

Horizen increased in value on an average Saturday only slightly. The average increase in value of the Horizen was 0.18%. 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 (0.41%). This means that on 68 percent of the Saturdays, the change in price of the Horizen is expected to be in the range of -0.23% and 0.58%.

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 -0.48% 0.77% -1.25% to 0.28%
Monday 1.06% 1.86% -0.80% to 2.92%
Tuesday 0.01% 0.06% -0.06% to 0.07%
Wednesday -0.33% 0.64% -0.97% to 0.31%
Thursday 0.22% 0.77% -0.55% to 0.98%
Friday -0.15% 0.87% -1.02% to 0.72%
Saturday 0.18% 0.41% -0.23% to 0.58%
 

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