Horizen (ZEN)

Current price: $ 37.65

24 hours price change: $ 1.94 (5.44%)

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 July 26th, 2021 to January 26th, 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 07/26/2021 and 01/26/2022.

According to the performance of Horizen between July 26th, 2021 and January 26th, 2022, Horizen performed the best on Sundays. On average, the price of Horizen increased 0.79% on Sunday.

The weekday on which the Horizen performed the worst, is Monday. On Mondays, the Horizen declined in value on average by -1.03%.

Horizen weekday performance

Historical performance on Sunday 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 Sunday with 0.79%. However, the uncertainty of this increase is high. The expected change in value of the Horizen on a Sunday is between -1.71% and 3.28% (see also the table below).

The Horizen declines in value on an average Monday with -1.03%. However, the uncertainty (or standard deviation) is quite large, namely 3.50%. This means that it is not possible to say whether on a regular Monday the Horizen will increase or decrease in value.

On Tuesdays, the Horizen decreases in value on average with -0.62%. On most of the Tuesdays the Horizen decreases in value between -3.38% and 2.15%. The uncertainty (2.76%) is higher than the average decline percentage (-0.62%). Therefore, expected range of price changes of the Horizen on Tuesdays is large.

On an average Wednesday, the Horizen increased 0.49%. However, since the expected deviation is 1.68%, the Horizen will decline in value on a Wednesday quiet regularly. The expected price change of the Horizen on a Wednesday is between -1.19% and 2.17%.

Allthough the Horizen decreases in value with -0.55% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Horizen on Thursdays is 1.94%. This means that the expected change of the value of Horizen is between -2.49% and 1.40% on 68 out of 100 Thursdays.

On an average Friday, the Horizen increased 0.30%. However, since the expected deviation is 3.64%, the Horizen will decline in value on a Friday quiet regularly. The expected price change of the Horizen on a Friday is between -3.33% and 3.94%.

On an average Saturday, the Horizen increased 0.50%. However, since the expected deviation is 1.52%, the Horizen will decline in value on a Saturday quiet regularly. The expected price change of the Horizen on a Saturday is between -1.02% and 2.02%.

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 0.79% 2.49% -1.71% to 3.28%
Monday -1.03% 3.50% -4.52% to 2.47%
Tuesday -0.62% 2.76% -3.38% to 2.15%
Wednesday 0.49% 1.68% -1.19% to 2.17%
Thursday -0.55% 1.94% -2.49% to 1.40%
Friday 0.30% 3.64% -3.33% to 3.94%
Saturday 0.50% 1.52% -1.02% to 2.02%
 

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