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 year, starting on January 27th, 2021 to January 26th, 2022.
In the barchart below, the weekdays and average performance of Horizen are shown side by side.
According to the performance of Horizen between January 27th, 2021 and January 26th, 2022, Horizen performed the best on Saturdays. On average, the price of Horizen increased 1.06% on Saturday.
The weekday on which the Horizen performed the worst, is Friday. On Fridays, the Horizen declined in value on average by -0.55%.
Horizen weekday performance
On an average Sunday, the Horizen increased 0.46%. However, since the expected deviation is 3.46%, the Horizen will decline in value on a Sunday quiet regularly. The expected price change of the Horizen on a Sunday is between -2.99% and 3.92%.
Horizen increased in value on an average Monday only slightly. The average increase in value of the Horizen was 0.00%. 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 (4.14%). This means that on 68 percent of the Mondays, the change in price of the Horizen is expected to be in the range of -4.14% and 4.15%.
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 -0.02%. However, the standard deviation on this weekday is 3.67%. This means that on most Tuesdays, the change in value of the Horizen is between -3.69% and 3.65%.
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 0.78%. However, the uncertainty of this increase is high. The expected change in value of the Horizen on a Wednesday is between -3.21% and 4.77% (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 -0.09%. However, the standard deviation on this weekday is 3.59%. This means that on most Thursdays, the change in value of the Horizen is between -3.68% and 3.50%.
Allthough the Horizen decreases in value with -0.55% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Horizen on Fridays is 3.89%. This means that the expected change of the value of Horizen is between -4.44% and 3.35% on 68 out of 100 Fridays.
On an average Saturday the Horizen shows an increase in value of 1.06%. However, the change of Horizen on most of the Saturdays is between -2.99% and 5.11%. 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||0.46%||3.46%||-2.99% to 3.92%|
|Monday||0.00%||4.14%||-4.14% to 4.15%|
|Tuesday||-0.02%||3.67%||-3.69% to 3.65%|
|Wednesday||0.78%||3.99%||-3.21% to 4.77%|
|Thursday||-0.09%||3.59%||-3.68% to 3.50%|
|Friday||-0.55%||3.89%||-4.44% to 3.35%|
|Saturday||1.06%||4.05%||-2.99% to 5.11%|