Horizen Profile

ZEN
 Crypto
  

USD 9.24  0.01  0.11%   

Market Performance
0 of 100
Odds Of Distress
Less than 50
Horizen is trading at 9.24 as of the 26th of November 2022, a 0.11 percent up since the beginning of the trading day. Horizen has 50 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Cryptocurrency ratings for Horizen are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of September 2022 and ending today, the 26th of November 2022. Click here to learn more.
Horizen is peer-to-peer digital currency powered by the Blockchain technology. More on Horizen

Moving together with Horizen

+0.88BTCBitcoinPairCorr
+0.89ETCEthereum ClassicPairCorr
Horizen is an online market maker for P2P digital cash denominated as Cryptocurrency. Horizen has been active in the last 3 months, and it is presently expressing a bullish sentiment. Cryptocurrencies such as Horizen are digital assets that allow for secure payments and are represented by ledger entries internal to the system, generally referred to as a blockchain. Blockchain implementations use encryption algorithms and cryptographic techniques that safeguard entries in the ledger. Cryptocurrency assets such as Horizen are becoming very popular among investors and have been praised for their portability, inflation resistance, and transparency. However, they face a lot of criticism, including lack of tax regulations, exchange rate volatility, and infrastructure vulnerabilities.

Horizen Crypto Coin Highlights

Most cryptocurrency investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend or investor sentiment. Horizen's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding Horizen or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
Horizen generated a negative expected return over the last 90 days
Horizen has high historical volatility and very poor performance
Horizen is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on 10 exchanges in multiple currencies. Horizen is an inclusive ecosystem where everyone is empowered and rewarded for their contributions. Horizen’s massively scalable platform enables businesses and developers to quickly and affordably create their own public or private blockchains utilizing the largest node network in the industry. Horizen’s Sidechain SDK provides all necessary components for easy and fast deployment of a fully customizable blockchain.Horizen's native cryptocurrency, ZEN, is a mineable PoW coin currently trading on exchanges including Bittrex, Binance, and Changelly. ZEN is integrated on major wallets including Horizen's flagship app, Sphere by Horizen, a multifunctional wallet that serves as an interface with most Horizen products and services.We use the APIs from https://explorer.horizen.io/ and https://zen.tokenview.
AlgorithmEquihash
Coin TypeHorizen
Proof TypePoW
IndustryFinancial and Insurance Activities
FINMAPayment
FCAExchange
AccessPermissionless
Collateralized AssetNo
SymbolZEN
Difficulty29.23 Million
RatingD+
Technology Adoption RatingC-
Market Performance RatingE+
NameZEN
Sponsoredfalse
Block Reward6.25
Is Tradingtrue
Net Hashes Per Second1.66 Billion
Asset Launch Date2017-05-01
Full NameHorizen (ZEN)
Asset Website Urlhttps://www.horizen.io/
Block Number1.24 Million
Platform Typeblockchain
Coin NameHorizen
Total Coins Mined13.02 Million
Horizen (ZEN) is traded on CRYPTO Exchanges. Horizen is peer-to-peer digital currency powered by the Blockchain technology.

Horizen's Exchanges and Markets

ZBG Coinbase Binance DigiFinex LBank HitBTC Kucoin Graviex Bibox CoinEx

Horizen Target Price Odds Analysis

What are Horizen's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Horizen jumping above the current price in 90 days from now is about 97.0%. The Horizen probability density function shows the probability of Horizen crypto coin to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Horizen has a beta of -0.3789. This usually means as returns on benchmark increase, returns on holding Horizen are expected to decrease at a much lower rate. During the bear market, however, Horizen is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Horizen is significantly underperforming DOW.
  Odds Below 9.24HorizonTargetOdds Above 9.24
2.88%90 days
 9.24 
97.11%
Based on a normal probability distribution, the odds of Horizen to move above the current price in 90 days from now is about 97.0 (This Horizen probability density function shows the probability of Horizen Crypto Coin to fall within a particular range of prices over 90 days) .

Horizen Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Horizen market risk premium is the additional return an investor will receive from holding Horizen long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Horizen. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Horizen's alpha and beta are two of the key measurements used to evaluate Horizen's performance over the market, the standard measures of volatility play an important role as well.

Horizen Technical Analysis

When it comes to investing in cryptocurrency, such as Horizen, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of Horizen, which is currently traded at 9.24, shows everything you need to know about Horizen market value. You don't have to consider the fundamental factors that affect a crypto asset, such as Horizen, to determine its price movements. However, the Horizen's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so Horizen's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project Horizen's future price trend
Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Cosine Of Horizen Price Series is a trigonometric function that describes price patterns.
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Horizen Against Markets

Picking the right benchmark for Horizen crypto coin is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Horizen crypto coin price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Horizen is critical whether you are bullish or bearish towards Horizen at a given time.

Be your own crypto manager

Our tools can tell you how much better you can do entering a position in Horizen without increasing your portfolio risk or giving up the expected return. As an individual cryptocurrency investor, you need to find a reliable way to track the performance of all your tokens in a consistent way. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall cryptocurrency portfolio.

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Analyst Recommendations

Analyst recommendations and target price estimates broken down by several categories
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How to invest in Horizen

You need to understand the risk of getting into digital currencies such as ZEN before investing. The dangers of trading cryptocurrencies are mainly related to their volatility. They are high-risk, speculative, susceptible to errors and hacking, mostly unregulated, and can be affected by forks or other discontinuation events. As an investor, you must understand these perils before you start trading. You can get a long position in Horizen in four ways:

Buy ZEN through an exchange

Get yourself a crypto wallet before embarking on your Horizen journey. Crypto wallets exist as desktop applications, mobile apps, or websites, allowing you to secure your tokens or digital coins. Your crypto wallet stores the private keys to your tokens on the blockchain. Once you have a wallet, visit a reputable exchange and sign up for an account. You will need to complete the KYC process to be allowed to purchase Horizen. But before you can buy the tokens, you have to provide a photo of your ID and proof of address, as well as a selfie. The platform will also require you to secure your account with 2FA before you can fund your account and buy the digital coins.

Purchase fractions of Horizen through an exchange

You don't have to buy a full token when starting out since ZEN is divisible by several decimal places. This allows you to purchase tiny fractions worth cents, but because of network fees, most platforms have a minimum figure, such as $10. You can then build your portfolio with time as you gain more confidence and learn the ropes of crypto trading.

Trade Horizen through a broker

If you don't want to store your Horizen Crypto Coin yourself for one reason or another, you can still trade through a broker. Brokers hold your tokens and trade frequently to generate profits. In addition, many brokerage platforms offer derivative products, such as contracts for difference, that enable you to speculate on price movements. Such products also allow brokers to accommodate leverage trading, potentially multiplying your profits.

Invest in ZEN through an exchange-traded fund (ETF)

You can also invest in ZEN through an exchange-traded fund (ETF). This instrument helps track an asset or select assets. You can buy and sell them on stock exchanges, making them the best option for an average investor. Some ETFs may comprise several coins to spread risk across a portfolio. Such ETFs are created and controlled by picking a basket with several coins, while favoring those that have performed well in the recent past.

Investing Ideas

In addition to having Horizen in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Thematic Ideas
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Check out Your Current Watchlist. Note that the Horizen information on this page should be used as a complementary analysis to other Horizen's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Other Tools for Horizen Crypto Coin

When running Horizen price analysis, check to measure Horizen's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy Horizen is operating at the current time. Most of Horizen's value examination focuses on studying past and present price actions to predict the probability of Horizen's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move Horizen's coin price. Additionally, you may evaluate how adding Horizen to your portfolios can decrease your overall portfolio volatility.
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