Depends what you want the Coyote or Silver Horde spoon to do.
If you put a small lightweight hook on the welded ring on you will get better action at slow speed because the spoon does not have to overcome much resistance.
Hook should be facing inward to the spoon belly.
if you put an offset bend in the hook you are creating a directional "rudder" which will affect it.
Some do this for better hookup though.
If you put a much bigger hook on the welded ring, you will slow down the action of the spoon at slow speed (unless you mess around with the bend in the spoon).
If you put a swivel on the end of the spoon with a small hook, it will roll faster than if you hadn't bothered at faster speed.
Ditto for a large hook on a swivel.
The swivel takes the rolling resistance out of the spoon and it is more free to roll.
A swivel on the end of the hook can increase your hookup ratio though, because when the fish "jack-knifes" or rolls the swivel prevents the spoon from popping out of the fishes mouth more.
I find I get more fish with a slower moving spoon, so I set mine up these days to have action at slower speed.
I'm not using swivels on the back end of the spoon any more.
I like Siwash hooks with a deep "cup" in them. I tend to go Mustad a lot. Also VMC too.
Many of the commercial hooks are just too "weighty and heavy-duty for my liking.