Horizen (ZEN)

Current price: $ 52.20

24 hours price change: $ 7.48 (16.73%)

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 September 8th, 2020 to March 8th, 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 09/08/2020 and 03/08/2021.

According to the performance of Horizen between September 8th, 2020 and March 8th, 2021, Horizen performed the best on Mondays. On average, the price of Horizen increased 1.50% on Monday.

The weekday on which the Horizen performed the worst, is Friday. On Fridays, the Horizen declined in value on average by -0.35%.

Horizen weekday performance

On an average Sunday the Horizen shows an increase in value of 1.09%. However, the change of Horizen on most of the Sundays is between -3.46% and 5.63%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Horizens.

On an average Monday the Horizen shows an increase in value of 1.50%. However, the change of Horizen on most of the Mondays is between -4.66% and 7.66%. Therefore it is hard to tell whether an average Monday is a good day to start buying Horizens.

On an average Tuesday, the Horizen increased 0.43%. However, since the expected deviation is 4.24%, the Horizen will decline in value on a Tuesday quiet regularly. The expected price change of the Horizen on a Tuesday is between -3.81% and 4.67%.

It is hard to tell whether the Horizen will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Horizen is -0.01%. However, the standard deviation on this weekday is 3.96%. This means that on most Wednesdays, the change in value of the Horizen is between -3.97% and 3.95%.

On an average Thursday the Horizen shows an increase in value of 1.21%. However, the change of Horizen on most of the Thursdays is between -4.53% and 6.95%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Horizens.

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 2.60%. This means that the expected change of the value of Horizen is between -2.95% and 2.24% on 68 out of 100 Fridays.

Historical performance on Saturday 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 Saturday with 0.86%. However, the uncertainty of this increase is high. The expected change in value of the Horizen on a Saturday is between -2.71% and 4.44% (see also the table below).

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 1.09% 4.55% -3.46% to 5.63%
Monday 1.50% 6.16% -4.66% to 7.66%
Tuesday 0.43% 4.24% -3.81% to 4.67%
Wednesday -0.01% 3.96% -3.97% to 3.95%
Thursday 1.21% 5.74% -4.53% to 6.95%
Friday -0.35% 2.60% -2.95% to 2.24%
Saturday 0.86% 3.57% -2.71% to 4.44%
 

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