NEO (NEO)

Current price: $ 25.79

24 hours price change: $ 1.64 (6.79%)

Daily analysis of NEO (NEO) - 1 month

The performance of NEO regarding the price differs every day. To make the best decision to buy NEO, we are analysis in this article the performance of NEO on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on December 19th, 2021 to January 19th, 2022.

In the barchart below, the weekdays and average performance of NEO are shown side by side.

Average daily change in price of NEO per weekday between 12/19/2021 and 01/19/2022.

According to the performance of NEO between December 19th, 2021 and January 19th, 2022, NEO performed the best on Saturdays. On average, the price of NEO increased 1.97% on Saturday.

The weekday on which the NEO performed the worst, is Thursday. On Thursdays, the NEO declined in value on average by -0.50%.

NEO weekday performance

NEO increased in value on an average Sunday only slightly. The average increase in value of the NEO was 0.03%. Allthough the NEO closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.69%). This means that on 68 percent of the Sundays, the change in price of the NEO is expected to be in the range of -0.67% and 0.72%.

Allthough the NEO decreases in value with -0.38% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of NEO on Mondays is 0.51%. This means that the expected change of the value of NEO is between -0.89% and 0.13% on 68 out of 100 Mondays.

Allthough the NEO decreases in value with -0.47% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of NEO on Tuesdays is 0.94%. This means that the expected change of the value of NEO is between -1.41% and 0.47% on 68 out of 100 Tuesdays.

On an average Wednesday, the NEO increased 0.49%. However, since the expected deviation is 0.66%, the NEO will decline in value on a Wednesday quiet regularly. The expected price change of the NEO on a Wednesday is between -0.17% and 1.15%.

Allthough the NEO decreases in value with -0.50% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of NEO on Thursdays is 0.60%. This means that the expected change of the value of NEO is between -1.10% and 0.11% on 68 out of 100 Thursdays.

Allthough the NEO decreases in value with -0.39% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of NEO on Fridays is 1.16%. This means that the expected change of the value of NEO is between -1.55% and 0.78% on 68 out of 100 Fridays.

On an average Saturday the NEO shows a high increase in value, namely 1.97%. The standard deviation is below the average increase percentage (standard deviation is 0.44%), meaning that on 68% of the Saturdays the NEO will increase with a percentage between 1.54% and 2.41%. This also means that, on average, on 16 percent of the Saturdays, the NEO will increase with a percentage above this range. On the other 16% of the Saturdays, the NEO will change with a percentage below the 1.54%.

NEO weekday performance details

Find below the details of the performance of NEO 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 0.03% 0.69% -0.67% to 0.72%
Monday -0.38% 0.51% -0.89% to 0.13%
Tuesday -0.47% 0.94% -1.41% to 0.47%
Wednesday 0.49% 0.66% -0.17% to 1.15%
Thursday -0.50% 0.60% -1.10% to 0.11%
Friday -0.39% 1.16% -1.55% to 0.78%
Saturday 1.97% 0.44% 1.54% to 2.41%
 

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